Warren Mosler and the Great American Banking Myth

In 2017, an interview featuring Warren Mosler, a leading proponent and benefactor for schools was tweeted by a Modern Monetary Theorist. The name of the clip was "Against Free Banking: The Liability Side is not The Place for Market Discipline," and the next thing I knew, I had already clicked to see it.

Being quite experienced in the old argument against free banking, I made sure not to get my hopes so high. With that taken....