Modern Monetary Theory? How About...End The Fed!

I chose this comment to react to because I apparently enjoy getting beat up by our viewers. That said, I also want to ignite a conversation about something that affects all of us: our dangerously strained economic system. It's about "Modern Monetary Theory", also known as MMT, which suggests that deficits and debt aren't a big deal. I do my best to explain why that's wrong, and why instead of talking about empowering the Federal Reserve to do more, we should be talking about ending The Fed altogether.