The Bears, images of bears in human garb that debate the issues of the day in computer-generated voices, have become something of a staple of the Web.
A Bears-style video on MMT was posted earlier this month. While I like the innovation of a Sharon Stone-ish head and her smashed up interlocutor, and I think this video is well done, I have my doubts as to whether this approach is an effective way to educate people about MMT. Even though the video is meant for “dummiez” it uses terms like “currency issuer” and “currency user” all too freely. The most potentially persuasive section to a non-convert or an agnostic are the charts that show how government deficits almost exactly mirror private savings over long periods of time. That does not come until well into the video.
I suspect MMT people, rather than preaching to possible converts, which can be alienating, would do better taking a Socratic approach. Making people see via teasing out their pre-exsiting beliefs that what they believe about money is counterfactual or contradictory would probably provide for a better foundation for getting them to consider new ideas than the the head-on approach of telling them that that what they believe is is wrong.