How Much Money Can We Print? - Warren Mosler, Modern Monetary Theory - DSPod #251

Dr. Simon Michaux is a professor of geometallurgy at the Geological Survey of Finland. After having spent several years in private industry, he was laid off during one of the regular busts that inevitably accompany booms in the mining sector. In that period, Simon found a new appreciation for the material basis of civilization while taking temporary work as an organic farmer. When he returned to intellectual work as a professor, he brought this real-world understanding to geopolitical assessments, presenting his analyses to everyone from economists to UN delegations. Ultimately, what separates Simon from his peers is his ability to suggest a realistic solution set to the difficulty of planning a technologically accelerating future within the confines of a fundamentally finite material ecosystem. He lays out a set of alternative approaches to nuclear power, combustion power, and engines that will absolutely make you stop and reconsider the possibilities. His presentation begins with the idea that we may be running out of petroleum, but that doesn't mean we have to be running out of fuel. A subsequent podcast will explore Simon's ongoing work to demonstrate his principles in an idealized city-of-the future in the desert of Peru. More on his Prometheus Project to come, very soon. Sign up for our Patreon and get episodes early + join our weekly Patron Chat https://bit.ly/3lcAasB 00:00 Go! 00:07:41 How I got here and what's the problem 00:15:19 Why the green revolution will fail 00:24:27 Getting involved in government work 00:31:23 An endless war for oil 00:34:59 Are we past peak oil? 00:44:26 an explosion in volatility across the board 00:53:05 Is debt spiraling out of control? 01:02:56 What does joining BRICS look like? 01:09:38 An argument for moving away from oil that has nothing to do with supply or pollution 01:19:56 Productivity and post-oil economies 01:28:53 Resourcing the transition 01:37:41 What are the alternatives? 01:51:42 The Purple Transition 01:56:25 Thorium Molten Salt Reactor 02:14:06 Where does anti-nuclear come from? 02:21:14 Combustion of Iron Powder 02:32:50 Novel battery tech 02:35:46 Ammonia internal combustion engines 02:45:03 Closing thoughts #sciencepodcast #longformpodcast #Geometallurgy, #SimonMichaux, #GeologicalSurvey, #OrganicFarming, #MaterialBasis, #Civilization, #GeopoliticalAssessments, #SustainableEnergy, #TechnologicalFuture, #FiniteResources, #NuclearPower, #AlternativeEnergy, #Petroleum, #FuelAlternatives, #MiningIndustry, #EnergySolutions, #RenewableEnergy, #EcoInnovation, #PrometheusProject, #FutureCities, #Prometheusproject #venusproject Check our short-films channel, @DemystifySci: https://www.youtube.com/c/DemystifyingScience AND our material science investigations of atomics, @MaterialAtomics https://www.youtube.com/@MaterialAtomics Join our mailing list https://bit.ly/3v3kz2S PODCAST INFO: Anastasia completed her PhD studying bioelectricity at Columbia University. When not talking to brilliant people or making movies, she spends her time painting, reading, and guiding backcountry excursions. Shilo also did his PhD at Columbia studying the elastic properties of molecular water. When he's not in the film studio, he's exploring sound in music. They are both freelance professors at various universities. - Blog: http://DemystifySci.com/blog - RSS: https://anchor.fm/s/2be66934/podcast/rss - Donate: https://bit.ly/3wkPqaD - Swag: https://bit.ly/2PXdC2y SOCIAL: - Discord: https://discord.gg/MJzKT8CQub - Facebook: https://www.facebook.com/groups/DemystifySci - Instagram: https://www.instagram.com/DemystifySci/ - Twitter: https://twitter.com/DemystifySci MUSIC: -Shilo Delay: https://g.co/kgs/oty671

Dr. Barbara Corkey is an Emeritus Professor of Medicine and Biochemistry at Boston University. Over her prolific and outstanding academic career she went deep into the mechanics of metabolic disease. Along the way, she stumbled upon some shocking insight about the nature of obesity as she watched the epidemic unfold in real time. Despite the popular wisdom that weight gain is a simple matter of calories in v. calories out, Dr. Corkey came to understanad that there was a sea of environmental toxins wreaking havoc on our food supply which seemed to influence weight outcomes more than anything else. Her revelations reach into every aspect of the food supply and the organization of our modern civilization. What do you make of it? Tell us your thoughts in the comments! Sign up for our Patreon and get episodes early + join our weekly Patron Chat https://bit.ly/3lcAasB 00:00 Go! 00:06:17 What are we doing this for? 00:09:05 Fat vs Carbs 00:16:13 Can you effectively control weight through diet? 00:21:05 The process of processed foods 00:34:09 Is cancer a metabolic disease? 00:45:51 Is there variability in deciphering bodily sensations? 00:54:24 Redox as a master balance of weight 01:08:18 Difficulties of a bottom-up approach 01:18:00 Questionable practices of mass production 01:27:54 Salient myths about obesity 01:35:39 Sitting all the time has no effect? 01:47:11 Sources of Obesogens 01:58:04 Closing thoughts #sciencepodcast #longformpodcast #ObesityEpidemic, #EnvironmentalToxins, #MetabolicDisease, #FoodSupply, #WeightLossJourney, #HealthRevolution, #ModernCivilization, #CaloriesInCaloriesOut, #NutritionalScience, #ToxinsInFood, #PublicHealth, #DrBarbaraCorkey, #Biochemistry, #HealthResearch, #ObesityAwareness, #HealthyLiving, #ScientificBreakthrough, #WeightManagement, #DietAndHealth, #FoodSafety Check our short-films channel, @DemystifySci: https://www.youtube.com/c/DemystifyingScience AND our material science investigations of atomics, @MaterialAtomics https://www.youtube.com/@MaterialAtomics Join our mailing list https://bit.ly/3v3kz2S PODCAST INFO: Anastasia completed her PhD studying bioelectricity at Columbia University. When not talking to brilliant people or making movies, she spends her time painting, reading, and guiding backcountry excursions. Shilo also did his PhD at Columbia studying the elastic properties of molecular water. When he's not in the film studio, he's exploring sound in music. They are both freelance professors at various universities. - Blog: http://DemystifySci.com/blog - RSS: https://anchor.fm/s/2be66934/podcast/rss - Donate: https://bit.ly/3wkPqaD - Swag: https://bit.ly/2PXdC2y SOCIAL: - Discord: https://discord.gg/MJzKT8CQub - Facebook: https://www.facebook.com/groups/DemystifySci - Instagram: https://www.instagram.com/DemystifySci/ - Twitter: https://twitter.com/DemystifySci MUSIC: -Shilo Delay: https://g.co/kgs/oty671

Dr. Gopi Vijaya began his scientific career in solar physics but quickly branched out into fields as diverse as projective geometry, Goethean Science, foundations of astronomy, calculus, and the Reciprocal System of physics. Our conversation begins with the relationship between science and technology and moves into the philosophical realm asking seemingly bizarre questions like - can we do science without models? Also - how do we collaborate as thinkers without competing? Along the way we explore outstanding anomalies in light, electromagnetism, gravity and color theory. It's a wild ride through many of our favorite topics here. Let us know your thoughts in the comments! Sign up for our Patreon and get episodes early + join our weekly Patron Chat https://bit.ly/3lcAasB 00:00 Go! 00:05:09 What is the Difference Between Science and Technology? 00:12:23 The Difference Between Humans and Nature 00:18:59 Is tech without collateral damage possible? 00:22:14 The absurdity of an end to science 00:26:02 Can we understand without models? 00:31:20 How to understand Gravity without a model 00:39:30 Throwing mass into the mix 00:48:45 A sea of measurements, but what is measured? 01:00:51 The coherence of an entire field at once 01:10:35 Obscurantism of analogy 01:22:01 The zero sum game of knowledge 01:28:22 The thing about color 01:33:08 Missing Magenta 01:41:39 Why is light so unaffected by electricity and magnetism? 01:48:14 Functionality is just a starting point 01:54:16 Missing cause and effect in plain sight 02:03:41 Closing thoughts 02:07:33 Renewal of Science Conference #sciencepodcast #longformpodcast #DrGopiVijaya, #SolarPhysics, #ProjectiveGeometry, #GoetheanScience, #FoundationsOfAstronomy, #ReciprocalSystem, #PhilosophyOfScience, #ScienceWithoutModels, #CollaborativeThinking, #LightAnomalies, #Electromagnetism, #GravityTheories, #ColorTheory, #InnovativeScience, #ScientificAnomalies, #NonCompetitiveCollaboration, #ExploringScience, #ModernPhysics, #PhilosophicalScience Check our short-films channel, @DemystifySci: https://www.youtube.com/c/DemystifyingScience AND our material science investigations of atomics, @MaterialAtomics https://www.youtube.com/@MaterialAtomics Join our mailing list https://bit.ly/3v3kz2S PODCAST INFO: Anastasia completed her PhD studying bioelectricity at Columbia University. When not talking to brilliant people or making movies, she spends her time painting, reading, and guiding backcountry excursions. Shilo also did his PhD at Columbia studying the elastic properties of molecular water. When he's not in the film studio, he's exploring sound in music. They are both freelance professors at various universities. - Blog: http://DemystifySci.com/blog - RSS: https://anchor.fm/s/2be66934/podcast/rss - Donate: https://bit.ly/3wkPqaD - Swag: https://bit.ly/2PXdC2y SOCIAL: - Discord: https://discord.gg/MJzKT8CQub - Facebook: https://www.facebook.com/groups/DemystifySci - Instagram: https://www.instagram.com/DemystifySci/ - Twitter: https://twitter.com/DemystifySci MUSIC: -Shilo Delay: https://g.co/kgs/oty671

Dr. Miklos Lukacs is a Research Professor of Science and Technology Policy at the University of San Martin de Porres in Lima, Peru. He also happens to be one of the leading critics of transhumanism, which he defines as the technologically-driven push for super longevity, super intelligence, and super wellbeing. Lukacs argues that this campaign threatens the historical relationship between humans and technology, where our tools serve us, rather than the other way around. He worries that by placing such an outsize importance on external tools, we allow ourselves to be molded into an entirely new form that emerges not from bottom-up evolutionary forces, but from an external, top-down locus of control. Our conversation lays out the basics of what Lukacs identifies as transhumanism, and then turns to an exploration of how to balance progress with tradition. Sign up for our Patreon and get episodes early + join our weekly Patron Chat https://bit.ly/3lcAasB 00:00 Go! 00:03:55 What is transhumanism, really? 00:11:58 Out-shining god 00:18:17 Does transhumanism have a clear vision of the future? 00:24:30 Bottom up planning 00:36:35 Morality & evolution 00:45:27 Killing in the name of 00:57:01 The human animal 01:01:21 Institutions and human nature 01:09:42 Porn, universal morality 01:14:00 Blame culture, Bentham 01:20:29 Clubs v. universality 01:26:14 Reacting to the pain of traditional gender roles 01:32:04 Body modification & the human-machine hybrid 01:38:56 Corruption of protected identity groups 01:45:50 City life & tradition wasting #Transhumanism #Humanity #Technology #Ethics #Philosophy #Evolution #SciencePolicy #Longevity #Intelligence #Wellbeing #Progress #Tradition #HumanNature #TechnologicalSingularity #Posthumanism #Enhancement #BottomUpEvolution #TopDownControl #HumanTechnology #Futurism #TranshumanCriticism #longformpodcast Check our short-films channel, @DemystifySci: https://www.youtube.com/c/DemystifyingScience AND our material science investigations of atomics, @MaterialAtomics https://www.youtube.com/@MaterialAtomics Join our mailing list https://bit.ly/3v3kz2S PODCAST INFO: Anastasia completed her PhD studying bioelectricity at Columbia University. When not talking to brilliant people or making movies, she spends her time painting, reading, and guiding backcountry excursions. Shilo also did his PhD at Columbia studying the elastic properties of molecular water. When he's not in the film studio, he's exploring sound in music. They are both freelance professors at various universities. - Blog: http://DemystifySci.com/blog - RSS: https://anchor.fm/s/2be66934/podcast/rss - Donate: https://bit.ly/3wkPqaD - Swag: https://bit.ly/2PXdC2y SOCIAL: - Discord: https://discord.gg/MJzKT8CQub - Facebook: https://www.facebook.com/groups/DemystifySci - Instagram: https://www.instagram.com/DemystifySci/ - Twitter: https://twitter.com/DemystifySci MUSIC: -Shilo Delay: https://g.co/kgs/oty671

Anastasia has been reading Vaclav Smil's Energy and Civilization, so we decided to sit down for a meta conversation about petroleum, prime movers, and geopolitics. This solo chat ties together a bunch of the conversations we've had on the show in the last year about climate, technology and the energy transition. Historically, we've been pretty skeptical when people start banging on about the need to transition to a completely electric grid, but Smil makes a really compelling point - all human endeavors depend on motive power. We go further to consider the downstream consequences of the prime movers we rely on, the risk of this being the last civilization for the next 20 million years, and the strange software called "progress" that was installed in humans when we departed from our primate roots. Sign up for our Patreon and get episodes early + join our weekly Patron Chat https://bit.ly/3lcAasB00:00 Go! 00:03:34 Material supplies do run out: assumption#1 00:09:38 Oil production going down or no? 00:15:38 If we run out, do we go back to horse & buggy times? 00:20:08 Why can't nuclear save the day? 00:24:47 The actual electric universe 00:29:00 Lucius Appeleus 00:39:14 Population & growth fears 00:43:48 Who or what are the barriers to Electricland 00:49:47 Diesel's failed vision 00:54:15 Why are we racing toward the future? 00:57:57 Relief of sufferring at the cost of all else 01:03:07 Calhoun & density epibehavior 01:06:51 Godlike machine future 01:10:49 Does AI threaten meaningful life? 01:18:56 Convenience v. painlessness 01:26:35 Solution set is in sight #Transhumanism #Humanity #Technology #Ethics #Philosophy #Evolution #SciencePolicy #Longevity #Intelligence #Wellbeing #Progress #Tradition #HumanNature #TechnologicalSingularity #Posthumanism #Enhancement #BottomUpEvolution #TopDownControl #HumanTechnology #Futurism #TranshumanCriticism #longformpodcast Check our short-films channel, @DemystifySci: https://www.youtube.com/c/Demystifyin... AND our material science investigations of atomics, @MaterialAtomics https://www.youtube.com/@MaterialAtomics Join our mailing list https://bit.ly/3v3kz2S PODCAST INFO: Anastasia completed her PhD studying bioelectricity at Columbia University. When not talking to brilliant people or making movies, she spends her time painting, reading, and guiding backcountry excursions. Shilo also did his PhD at Columbia studying the elastic properties of molecular water. When he's not in the film studio, he's exploring sound in music. They are both freelance professors at various universities. - Blog: http://DemystifySci.com/blog - RSS: https://anchor.fm/s/2be66934/podcast/rss - Donate: https://bit.ly/3wkPqaD - Swag: https://bit.ly/2PXdC2y SOCIAL: - Discord: https://discord.gg/MJzKT8CQub - Facebook: https://www.facebook.com/groups/Demys... - Instagram: https://www.instagram.com/DemystifySci/ - Twitter: https://twitter.com/DemystifySci MUSIC: -Shilo Delay: https://g.co/kgs/oty671

Dr. C.S. Unnikrishnan is a professor at the School of Quantum Technology at the Defense Institute of Advanced Technology. Unnikrishnan is also a key member of the LIGO-India project and a member of the global LIGO Scientific Collaboration. His work has led him to some revolutionary conclusions about the nature of gravity, light, and the missing medium for these invisible actions. Our conversation gets into the details of his Machian approach to understanding the cosmos, which his calls "cosmic gravity." We discuss Henri Bergson's criticism of relativity, Einstein's transformation into quantum mascot, and issues with simultaneity in cosmic physics. Tell us your thoughts in the comments! Paper discussed in this podcast: https://iopscience.iop.org/article/10.1088/1742-6596/1466/1/012007 Sign up for our Patreon and get episodes early + join our weekly Patron Chat https://bit.ly/3lcAasB 00:00 Go! 00:04:57 Revisiting old experiments to learn something new 00:13:23 A lack of absolute reference points 00:25:05 Reevaluating Einstein a Century On 00:35:22 Testing the constancy of the speed of light 00:43:25 Why is breaking physics preferred to an undetectable aether? 00:54:36 Evidence of light speed changes 01:04:39 Could Michaelson & Morley have given a different result? 01:21:16 Why was Michaelson's 1925 detection of the aether ignored? 01:25:38 Henri Bergson, Einstein, and Simultaneity 01:33:17 Simultaneity that is experienced 01:42:19 Mathematical elegance in conflict with reality 01:48:59 Is revisiting the constancy of light speed possible? 01:56:08 The solutions offered by a Machian paradigm 02:03:59 One universal frame intro 02:09:10 Are there two theories about light possible, or can only one prevail? 02:20:54 Is there an alternative to fields? 02:29:36 Closing thoughts #sciencepodcast, #QuantumPhysics, #CosmicGravity, #LIGOIndia, #MachianPhysics, #QuantumTechnology, #Einstein, #HenriBergson, #Relativity, #QuantumMascot, #Simultaneity, #GravityTheory, #PhysicsPodcast, #ScientificCollaboration, #Astrophysics, #CosmicPhysics, #ScienceRevolution, #theoreticalphysics , #QuantumMechanics, #LIGOProject, #PhysicsCommunity Check our short-films channel, @DemystifySci: https://www.youtube.com/c/DemystifyingScience AND our material science investigations of atomics, @MaterialAtomics https://www.youtube.com/@MaterialAtomics Join our mailing list https://bit.ly/3v3kz2S PODCAST INFO: Anastasia completed her PhD studying bioelectricity at Columbia University. When not talking to brilliant people or making movies, she spends her time painting, reading, and guiding backcountry excursions. Shilo also did his PhD at Columbia studying the elastic properties of molecular water. When he's not in the film studio, he's exploring sound in music. They are both freelance professors at various universities. - Blog: http://DemystifySci.com/blog - RSS: https://anchor.fm/s/2be66934/podcast/rss - Donate: https://bit.ly/3wkPqaD - Swag: https://bit.ly/2PXdC2y SOCIAL: - Discord: https://discord.gg/MJzKT8CQub - Facebook: https://www.facebook.com/groups/DemystifySci - Instagram: https://www.instagram.com/DemystifySci/ - Twitter: https://twitter.com/DemystifySci MUSIC: -Shilo Delay: https://g.co/kgs/oty671

This is Dr. Hughes second appearance on the podcast. His background is in biochemistry and biophysics of protein folding, and water hydration structures. But today we're digging under the floorboards of science itself. Is it possible to have a science that isn't built on some set of assumed values? To tackle this issue, we dig into esoteric mysticism - particularly the work of Rudolph Steiner, who prophesized many of the features of the world we see today back in the late 19th century. This leads us to a path where we explore the modern scientific approach to understanding nature, grounded in materialism in all its splendor and shortcomings, asking where do we go from here? What does a healthy science of the future actually look like? Tell us your thoughts in the comments! Sign up for our Patreon and get episodes early + join our weekly Patron Chat https://bit.ly/3lcAasB REFERENCES FROM THIS PODCAST: Remote viewing archeology w/ Stephen Schwartz https://www.youtube.com/watch?v=KwcEyflmaxk Tom Campbell Interview with Curt Jaimungal https://www.youtube.com/watch?v=kko-hVA-8IU Tom’s home page: https://www.my-big-toe.com/ Dolores Cannon https://en.wikipedia.org/wiki/Dolores_Cannon Gigi Young Esoteric keys to disclosure: https://www.youtube.com/playlist?list=PLpGFUcLNHueY9of3kmOxpjok_aNGx_Z6W Rudolf Steiner Archives: https://rsarchive.org/Volumes.html New thinking aloud: https://www.youtube.com/watch?v=ZX4j4qBsqyk Bashar/Darryl Anka https://www.bashar.org/about Interview w/ Danica Patrick: https://www.youtube.com/watch?v=qCtvgJG1I5A CIA gateway/interview with remote viewer on Shawn Ryan show? CIA gateway tapes https://www.youtube.com/watch?v=XRTon6qgVws Ways of being by James Bridle https://jamesbridle.com/books/ways-of-being 00:00 Go! 00:05:39 Genetics Alchemy vs Structural Biology Mechanism 00:15:44 A natural mechanism that's distinct from science 00:21:07 Scientific literature as esoterica 00:30:10 Is scientific myth-making meaningful? 00:36:14 Science as a way of putting order to pure chaos 00:44:29 A full theory of nature has to contain more than science 00:52:13 Can science pinpoint the source of ideas, inspiration, and instinct? 01:01:00 Rudolph Steiner's spiritual science 01:10:40 preference for sensation as a driver of evolution 01:19:34 Religious allegory as an evolutionary roadmap? 01:29:41 A fracturing of evolutionary paths - technological, spiritual, material 01:41:00 The arc of dematerialization over the course of a lifetime 01:44:41 The immaterial vs the material, the crisis of our time? 01:53:29 Where is the source of misanthropy? 02:05:46 Stay awake 02:14:40 Reconciling a desire for Newtonian outcomes with the chaos of possibility 02:25:30 Closing thoughts Check our short-films channel, @DemystifySci: https://www.youtube.com/c/DemystifyingScience AND our material science investigations of atomics, @MaterialAtomics https://www.youtube.com/@MaterialAtomics Join our mailing list https://bit.ly/3v3kz2S PODCAST INFO: Anastasia completed her PhD studying bioelectricity at Columbia University. When not talking to brilliant people or making movies, she spends her time painting, reading, and guiding backcountry excursions. Shilo also did his PhD at Columbia studying the elastic properties of molecular water. When he's not in the film studio, he's exploring sound in music. They are both freelance professors at various universities. - Blog: http://DemystifySci.com/blog - RSS: https://anchor.fm/s/2be66934/podcast/rss - Donate: https://bit.ly/3wkPqaD - Swag: https://bit.ly/2PXdC2y SOCIAL: - Discord: https://discord.gg/MJzKT8CQub - Facebook: https://www.facebook.com/groups/DemystifySci - Instagram: https://www.instagram.com/DemystifySci/ - Twitter: https://twitter.com/DemystifySci MUSIC: -Shilo Delay: https://g.co/kgs/oty671

Kate Raworth is an Economist best known for “donut economics,” a model that attempts to map the balance between essential human needs and planetary boundaries. She proposes that the last few hundred years of economic theories were created with a monomaniacal focus on growth that was only possible on a planet with relatively untapped natural resources. After more than two hundred years of industrial development, older economic theories cannot be applied to the necessities of today. Namely, a sustainable material economy for the generations yet to come. We talk about what an economic system that provides for everyone’s basic humans needs can look like, places that have started putting donut economics to use, and how to balance personal responsibility with survival in an unjust system. Check out more of Kate Raworth's work at the Donut Economics Action Lab: https://doughnuteconomics.org/about-doughnut-economics Sign up for our Patreon and get episodes early + join our weekly Patron Chat https://bit.ly/3lcAasB 00:00 Go! 00:04:33 Economics as moral philosophy 00:06:59 How do you measure human development? 00:10:19 Why don't we economically develop "developed" countries 00:13:36 Donut economics 00:20:50 Regulation as friend of foe? 00:31:17 Michael Hudson & GDP failures 00:42:57 Feeding the economic algo 00:53:34 Escaping the market 01:05:20 Democratic spending 01:14:10 Siingle handed top down effectiveness 01:23:29 Applying Donut Econ 01:31:00 Air traffic is mostly private flights 01:36:27 Convenience vs. doing the right thing 01:41:49 Voting with your credit card #sciencepodcast #DoughnutEconomics #SustainableEconomics #PlanetaryBoundaries #HumanNeeds #EconomicTheory #GreenEconomics #CircularEconomy #SocialFoundations #EnvironmentalCeiling #EconomicJustice Check our short-films channel, @DemystifySci: https://www.youtube.com/c/DemystifyingScience AND our material science investigations of atomics, @MaterialAtomics https://www.youtube.com/@MaterialAtomics Join our mailing list https://bit.ly/3v3kz2S PODCAST INFO: Anastasia completed her PhD studying bioelectricity at Columbia University. When not talking to brilliant people or making movies, she spends her time painting, reading, and guiding backcountry excursions. Shilo also did his PhD at Columbia studying the elastic properties of molecular water. When he's not in the film studio, he's exploring sound in music. They are both freelance professors at various universities. - Blog: http://DemystifySci.com/blog - RSS: https://anchor.fm/s/2be66934/podcast/rss - Donate: https://bit.ly/3wkPqaD - Swag: https://bit.ly/2PXdC2y SOCIAL: - Discord: https://discord.gg/MJzKT8CQub - Facebook: https://www.facebook.com/groups/DemystifySci - Instagram: https://www.instagram.com/DemystifySci/ - Twitter: https://twitter.com/DemystifySci MUSIC: -Shilo Delay: https://g.co/kgs/oty671

Warren Mosler is an economist, hedge fund manager, and proponent of modern monetary theory, an economic model that posits fiscal crises are caused by governments not spending enough money. From Mosler’s perspective, the reversal of any recession starts with getting very comfortable with deficit spending. Opponents argue that unchecked spending eventually leads to inflation of the currency and economic collapse, which Mosler argues is impossible as long as you know how money actually works. We dive deep into chartalism, the theory about the creation of money that sits at the heart of MMT, lay out why deficit spending doesn’t have to lead to inflation, and why the Federal Government’s checks will never bounce. To read more about Modern Monetary Theory and Mosler’s take on it, check out https://moslereconomics.com/ Sign up for our Patreon and get episodes early + join our weekly Patron Chat https://bit.ly/3lcAasB Check out Nira Lighting, Scott's Company: https://niralighting.com/our-mission/ (00:00) Go! (00:03:05) Do interest rates actually influence inflation? (00:11:36) Purpose of taxes is not what you think (00:19:26) Economy as faith based activity (00:27:22) Feds have no idea where money comes from? (00:37:33) Fed lacks tools to control inflation (00:53:37) Interest at the Treasury is unnecessary (01:07:00) Informed democracy & decision making (01:20:15) Michael Hudson (01:25:11) Why are we poorer despite the GDP? (01:41:53) Weimar repeat possible? (02:06:44) Threats from external economies? (02:28:58) Oil demand can't be ignored #sciencepodcast #ModernMonetaryTheory #MMT #Macroeconomics #FiscalPolicy #GovernmentSpending #Chartalism #MonetaryTheory #DeficitSpending #Inflation #EconomicTheory Check our short-films channel, @DemystifySci: https://www.youtube.com/c/DemystifyingScience AND our material science investigations of atomics, @MaterialAtomics https://www.youtube.com/@MaterialAtomics Join our mailing list https://bit.ly/3v3kz2S PODCAST INFO: Anastasia completed her PhD studying bioelectricity at Columbia University. When not talking to brilliant people or making movies, she spends her time painting, reading, and guiding backcountry excursions. Shilo also did his PhD at Columbia studying the elastic properties of molecular water. When he's not in the film studio, he's exploring sound in music. They are both freelance professors at various universities. - Blog: http://DemystifySci.com/blog - RSS: https://anchor.fm/s/2be66934/podcast/rss - Donate: https://bit.ly/3wkPqaD - Swag: https://bit.ly/2PXdC2y SOCIAL: - Discord: https://discord.gg/MJzKT8CQub - Facebook: https://www.facebook.com/groups/DemystifySci - Instagram: https://www.instagram.com/DemystifySci/ - Twitter: https://twitter.com/DemystifySci MUSIC: -Shilo Delay: https://g.co/kgs/oty671

Scott Zimmerman is a mechanical engineer whose life took a sharp turn when he started to think about the relationship indoor lighting, biology, and solar radiation. He believes that near-infrared light, an invisible component of sunlight from ~800 to 3,000 micrometer wavelengths, is vital for human health. Unfortunately, these are the exact frequencies that our indoor lights and digital devices are incapable of producing. Zimmerman believes that the shift away from incandescent lighting inside of homes has contributes massively to wide-spread hormonal issues in modern population. His mechanism is that our skin, the largest endocrine gland in the universe, is actually a light harvesting organ that uses all the components of light to produce everything from sex hormones to vitamin D. We talk to him about the effect of sunlight on the human body, how he transitioned from mechanical engineering to making lightbulbs, the active harm of blue light, and much more.Tell us your thoughts in the comments!!! Sign up for our Patreon and get episodes early + join our weekly Patron Chat https://bit.ly/3lcAasB Check out Nira Lighting, Scott's Company: https://niralighting.com/our-mission/ 00:00 Go! 00:03:50 A monstrous change in solar spectrum 00:08:11 A shift from engineering to biology 00:18:37 The influence of near-infrared 00:27:52 Free radical generation in the skin 00:38:05 Melanin, Melatonin, and Sunlight network 00:46:48 A solar influence on illness? 00:56:17 Why is blue light so damaging? 01:03:15 Designing a better bulb 01:12:40 Adding UV into indoor lighting? 01:22:32 Are the eyes made for gathering invisible light? 01:32:20 Medical sensitivites to EMF 01:39:21 Closing thoughts #sciencepodcast #NearInfraredLight #SunlightTherapy #LightHarvesting #SkinEndocrineGland #HormoneHealth #VitaminDProduction #BluelightHazards #MissingLightSpectrum #CircadianDisruption #IndoorLightingImpact #HolisticWellness #RediscoverSunlight #EngineerTurnedLightExpert #RevolutionaryLighting #ModernLightingParadigm Check our short-films channel, @DemystifySci: https://www.youtube.com/c/DemystifyingScience AND our material science investigations of atomics, @MaterialAtomics https://www.youtube.com/@MaterialAtomics Join our mailing list https://bit.ly/3v3kz2S PODCAST INFO: Anastasia completed her PhD studying bioelectricity at Columbia University. When not talking to brilliant people or making movies, she spends her time painting, reading, and guiding backcountry excursions. Shilo also did his PhD at Columbia studying the elastic properties of molecular water. When he's not in the film studio, he's exploring sound in music. They are both freelance professors at various universities. - Blog: http://DemystifySci.com/blog - RSS: https://anchor.fm/s/2be66934/podcast/rss - Donate: https://bit.ly/3wkPqaD - Swag: https://bit.ly/2PXdC2y SOCIAL: - Discord: https://discord.gg/MJzKT8CQub - Facebook: https://www.facebook.com/groups/DemystifySci - Instagram: https://www.instagram.com/DemystifySci/ - Twitter: https://twitter.com/DemystifySci MUSIC: -Shilo Delay: https://g.co/kgs/oty671