Introducing Episode 3 of “The Smith Family and their Adventures with Money” Manga Series
Today, on August 9, 2024, MMTed releases Episode 3 in the Second Season of our Manga series – The Smith Family and their Adventures with Money. In this season, our focus shifts to the school kids and their interactions with their new economics teacher, Ms. Allday, amidst an unfolding economic recession that has affected the community.
This episode delves into the story of Ryan, one of the main characters in the series. Ryan comes home to announce the devastating news that he has lost his job due to government spending cutbacks aimed at reducing the fiscal deficit. As the news sinks in, tensions rise within the Smith Family, and doubts and denial begin to emerge.
If you see yourself or others in any of the characters’ struggles, it’s a sign to continue spreading knowledge about Modern Monetary Theory (MMT) or to delve deeper by exploring our textbook to understand the economic dynamics at play.
The manga series is available in both English and Japanese for a wider audience to enjoy and learn from. Episode 4 is scheduled to be released on August 23, 2024, so stay tuned for the next installment in the Smith Family’s journey.
FAQ
1. What is Modern Monetary Theory (MMT)?
Modern Monetary Theory (MMT) is a macroeconomic framework that redefines how we understand and approach government spending, taxes, and deficits. It emphasizes the importance of understanding money as a creature of the state and advocates for utilizing sovereign currency in a way that benefits the economy as a whole.
2. Where can I access the manga series?
You can access the manga series “The Smith Family and their Adventures with Money” on the MMTed website. The series is available in both English and Japanese for a diverse audience to engage with.
Conclusion
As we follow the Smith Family and their encounters with economic challenges, Episode 3 serves as a reminder of the real-life implications of fiscal policies on individuals and families. By engaging with the manga series and understanding the principles of Modern Monetary Theory, we can better grasp the economic landscape and advocate for policies that prioritize sustainable economic well-being for all.