Hi Friend,

Last Tuesday, we were educated on Modern Monetary Theory (MMT) by Warren Mosler, an American economist and one of the leading voices in the field. The theory contends that a sovereign government operating in an environment without fixed exchange rates can never become “insolvent” because they can always provide more of their currency to pay their debts.

This conversation will challenge your foundational assumptions about the relationship between the government and the economy. As Bill Galston puts it at the end of the episode, "This has been a mind-blowing discussion."

After you listen to our latest episode of Gridlock Break, join us on Friday at 11:30 ET in the Facebook Ambassadors group for Field Team Friday (formerly PodClub). The No Labels team will be available for all your questions from the podcast, to what's happening in Washington, to No Labels' latest! Join our Facebook Ambassadors group below and don't forget to save it to your calendar!

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