Macro N Cheese
Our Money: From the Pulpit to the Street with Rev. Delman Coates
June 15, 2019
Spend it, don’t lend it! The Reverend Delman Coates tells Steve that it’s time to reclaim the theology of economics, and to demand more government spending to free people from relying on private lending. The “MMT evangelist” talks about the recent launch of Our Money.
“We’ve been given the wrong answers to the right questions,” says Steve’s guest Reverend Delman Coates, founder of the new organization, Our Money. “As a faith leader, it’s time to reclaim a theology of economics.”  
 
Rev Coates recounts that being a pastor, he sees too many people who follow all the rules yet find themselves dislocated and struggling. Understanding that money can be distorted and manipulated, and its relationship to pain and poverty in the world today, he set out to learn the structural and systemic causes. It led him to Modern Monetary Theory. 
 
Beyond the perceived differences between communities in SE Washington DC, Appalachia, or Ohio, the one thing that unites us is the reliance on money to buy goods and services, to keep a roof over our heads, and to provide for our families. Our Money advocates for more government investment in society’s priorities, preferring the creation of currency through public spending rather than private lending by banks.
 
“As a faith leader, it’s time to reclaim a theology of economics.” Rev Coates believes we can move towards a moral economy that works for us and not against us. His eloquence and clarity makes believers of us all.