The Problem with MMT - a podcast by J.P. Morgan Asset Management

For most of the last 40 years, the United States, like most developed economies, has suffered from a lack of demand for goods and services. This has contributed to a steady slide in inflation. More importantly, it has indirectly triggered recessions by funneling money towards assets, feeding bubbles which have inevitably burst. A lack of aggregate demand has also slowed the recovery from those downturns, inflicting hardship on millions of workers and small business owners.

Further episodes of Notes on the Week Ahead

Further podcasts by J.P. Morgan Asset Management

Website of J.P. Morgan Asset Management