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Macro N Cheese

Macro N Cheese

A podcast that critically examines the working-class struggle through the lens of MMT or Modern Monetary Theory. Host Steve Grumbine, founder of Real Progressives, provides incisive political commentary and showcases grassroots activism. Join us for a robust, unfiltered exploration of economic issues that impact the working class, as we challenge the status quo and prioritize collective well-being over profit. This is comfort food for the mind, fueling our fight for justice and equity!

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    Ep 393 - Money Manager Capitalism: Ponzi Finance in the Shadows with Eric Tymoigne

    Published Aug 22, 2026

    Eric Tymoigne

    **Join us on Tuesday to discuss this episode in our online gathering, Macro 'n Chill. August 25, 8pm ET / 5pm PT. Register here: https://us06web.zoom.us/meeting/register/NGxWl6qMTaKXPhR51uHkwAIf public power repeatedly stands behind private finance when it fails, shouldn't that same power be directed toward employment, productive capacity, and human need? So why isn't it?Economist Eric Tymoigne returns to the podcast to examine the rapid growth of private credit and private equity through Hyman