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Retirement Income Journal - The information forum of the decumulation industry.
May 2025 Issue
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May 2025

Modern Monetary Theory

‘The Bailout State’ Explains the U.S. Money Mess

By Kerry Pechter Thu, Mar 20, 2025

Over the past 50 years, the U.S. government has repeatedly used its deep financial resources to protect the interests of asset holders at the expense of wage earners, University...

Published April 2025

Are Concerns over Growing Federal Government Debt Misplaced?

By Randall Wray Tue, Jan 4, 2022

'Let’s put both affordability and solvency concerns to rest: the question is never whether Uncle Sam can spend more, but should he spend more,' writes our guest columnist Randall...

Published January 6, 2022

‘This is Not Modern Monetary Theory’

By Randall Wray and Yeva Nersisyan Wed, Apr 22, 2020

'We are being told Modern Monetary Theory (MMT) calls for helicopter drops of cash or having the Federal Reserve finance government spending through rebooted quantitative easing. This is not...

Published April 23, 2020

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Retirement Income Journal is a weekly, digital-only business-to-business news publication and website for life insurers, asset managers, financial advisors, academics, attorneys, regulators and technology firms worldwide whose products and services help Baby Boomers convert their savings to lifetime income. Established in 2009 and produced by "Annuities for Dummies" author Kerry Pechter, it reaches 7,000 online readers 48 times a year.

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