Friday, December 8, 2023
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The Smith Family manga continues – Episode 7 is now available – William Mitchell – Modern Monetary Theory


Episode 7 in our new Manga series – The Smith Family and their Adventures with Money – is now available. Have a bit of fun with it and circulate it to those who you think will benefit …

The Smith Family are a middle-class family living in a city somewhere in the world. The second-generation parents are university educated and have professional occupations. Their two kids attend the local public school.

As the story gets more involved and the concepts traversed more complicated, the writing and artwork is more time consuming.

So for the second-half of Season 1, the series will be updated on a fortnightly basis.

In Episode 7, the Smith Family is on holidays in Kyoto where Elizabeth’s best mate, Mariko Fujii lives with her husband, Hiroshi.

Hiroshi works at the Bank of Japan in Tokyo and travels back and forth on the Nozomi train.

He is back in Kyoto for this episode, which sees the families meet up for lunch at one of the good Vegan cafes in Kyoto.

Ryan is already agitated because he has been watching the morning finance report from home via the Internet in their hotel room.

Professor Noitawl was ranting about deficits pushing up interest rates and crowding out private investment.

Ryan is livid.

When the families meet, the conversation turns to the high deficits in Japan and the zero interest rates.

Hiroshi starts explaining why there is no causality between the two, but Ryan just cannot get his head around the facts.

It is another learning experience for Elizabeth though and her frustration with Ryan is building.

I hope you are enjoying the unfolding story.

And if you think you resemble any of the characters then either continue spreading MMT knowledge or get our textbook and get up to speed, depending on which character you might identify with.

If you have any feedback we will appreciate it, other than ‘this sucks’.

ACCESS SITE

Next episode – Episode 8 – will be available on December 22, 2023.

That is enough for today!

(c) Copyright 2023 William Mitchell. All Rights Reserved.

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