Warren Mosler

I have a strong background in finance and fixed income trading,and have been responsible for developing a heterodox school of economics called Modern Monetary Theory (MMT). Unemployment is totally unnecessary. A hour of unemployment is an hour of productivity lost forever. This should not happen. I would offer a job to everyone who wanted a job with no "ifs and buts". My financial background is extensive. I was a founder of the III investment companies, which had been the number one ranked fund by MAR in risk adjusted returns for the 10 years previous to when I turned control over to my partners in 1997. I originated the 'mortgage swap' and in 1996 orchestrated the largest futures delivery to date (over $20 billion notional) in Japan. I have developed the only trading interest rate swap futures contract (in operational terms). I say in operational terms because my product and process was to eliminate the risk and lack of transparency of the existing market by having a centralized clearing system. Since I was a kid I have always loved speed. I love to build and race cars. Those of you from South Florida will know me from making bets with anyone who believed that they had a car that could beat mine. I designed my cars with the simple solution which was to make it lighter. My car has evolved into the MT900 which has been a very successful racing car in Europe. http://www.moslerauto.com/ Today, I spend my time educating people on economics and how monetary and fiscal policy really operates. My background led to a true understanding about what is money, how it is created, about banking and how the Federal Reserve controls interest rates not money supply. www.softcurrencyeconomics.com