Episode 9 of our new comic series – The Smith Family and Their Money Adventure – Available now. We're about to reach the climax of season one.
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.
In episode nine, the Smiths return home to where local taxi driver Mark Harding, a purveyor of conspiracy theories and a bad temper, is waiting for them at the airport.
He was listening to the news on the radio that the International Monetary Fund was predicting that the country would go bankrupt due to unpaid government debt.
Ryan stepped forward first, and they exchanged views on the so-called “debt disaster.”
He repeats almost every day the mantra Professor Notard heard during morning financial reports: The government debt is so huge that every man, woman and child in the country owes $40,000.
Little Emma, sparkling, thought it would make her rich.
Ryan can't handle this ridiculous exchange, but Emma insists.
This episode is a variation on the common scaremongering used by the “sound finance” genre to turn the public against government deficits.
We'll follow up on this twist in Episode 10 to wrap up this exchange.
The first season has three episodes, and there will be some new developments in these episodes.
If you identify yourself with any of these roles, then either continue to spread your MMT knowledge or get our textbook and get up to speed, depending on which role you might identify with.
Any feedback you have other than “this sucks” would be greatly appreciated.
The next episode – Episode 10 – will be online on January 19, 2024.
That's enough for today!
(c) Copyright 2024 William Mitchell. all rights reserved.
