Episode 7 of our new comic series – The Smith Family and Their Money Adventure – Available now. Have fun with it and distribute it to those you think would benefit…
The Smith family is a middle-class family living in a city in the world. Second generation parents are college educated and have professional careers. Their two children attend local public schools.
As the stories became more complex and the concepts more complex, the writing and art work became more time consuming.
Therefore, during the second half of the first season, the series will be updated every two weeks.
In Episode 7, the Smith family vacations in Kyoto, where Elizabeth's best friend Mariko Fujii lives with her husband Hiroshi.
Hiroshi works at the Bank of Japan in Tokyo and commutes on the Nozomi train.
He returns to Kyoto for the episode, where the family meets for lunch at a nice vegetarian cafe in Kyoto.
Ryan was already agitated because he had been watching the morning financial report from his hotel room via the Internet at home.
Professor Notal rails against deficits driving up interest rates and crowding out private investment.
Ryan was angry.
When the families met, the conversation turned to Japan's high deficit and zero interest rates.
Hao starts to explain why there is no causal relationship between the two, but Ryan can't understand the truth.
It's another learning experience for Elizabeth, though, and her frustration with Ryan is growing.
I hope you enjoy this unfolding story.
If you identify yourself with any of these characters, then either continue spreading your MMT knowledge or get our textbook and get up to speed, depending on which character you might identify with.
Any feedback you have other than “this sucks” would be greatly appreciated.
The next episode – Episode 8 – will be online on December 22, 2023.
That's enough for today!
(c) Copyright 2023 William Mitchell. all rights reserved.
