{"id":62430,"date":"2025-03-14T12:37:48","date_gmt":"2025-03-14T01:37:48","guid":{"rendered":"https:\/\/billmitchell.org\/blog\/?p=62430"},"modified":"2025-03-14T12:37:48","modified_gmt":"2025-03-14T01:37:48","slug":"episode-12-s2-of-the-smith-family-manga-is-now-available-mrs-boff-is-called-in","status":"publish","type":"post","link":"https:\/\/billmitchell.org\/blog\/?p=62430","title":{"rendered":"Episode 12 (S2) of the Smith Family Manga is now available \u2013 Mrs Boff is called in!"},"content":{"rendered":"<p>Today (March 14, 2025), MMTed releases Episode 12 in the Second Season of our Manga series &#8211; <a href=\"https:\/\/www.mmted.org\/smithfamily\/\">The Smith Family and their Adventures with Money<\/a>. This is the final episode in Season 2. There is a lot going on in the community at present with an election approaching and the government in crisis over its deliberate recession. Have a bit of fun with it while learning Modern Monetary Theory (MMT) and circulate it to those who you think will benefit. Season 3 will begin on May 23, 2025 and there will be some shocking developments revealed.<\/p>\n<p><a href=\"https:\/\/billmitchell.org\/blog\/wp-content\/uploads\/2025\/03\/Season_2_12_promo.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/billmitchell.org\/blog\/wp-content\/uploads\/2025\/03\/Season_2_12_promo.png\" alt=\"\" width=\"300\" height=\"300\" class=\"alignleft size-full wp-image-62431\" srcset=\"https:\/\/billmitchell.org\/blog\/wp-content\/uploads\/2025\/03\/Season_2_12_promo.png 300w, https:\/\/billmitchell.org\/blog\/wp-content\/uploads\/2025\/03\/Season_2_12_promo-150x150.png 150w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<div style=\"clear:both;\"><\/div>\n<p><!--more--><\/p>\n<p>The Smith Family is a middle-class family living in a city somewhere in the world. The second-generation parents are university educated and have professional occupations. Their two kids attend the local public school.<\/p>\n<p><a href=\"https:\/\/billmitchell.org\/blog\/wp-content\/uploads\/2024\/07\/School_Kids_Front_Banner_700.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/billmitchell.org\/blog\/wp-content\/uploads\/2024\/07\/School_Kids_Front_Banner_700.png\" class=\"alignleft size-full wp-image-61846\" alt=\"\" width=\"700\" height=\"221\" srcset=\"https:\/\/billmitchell.org\/blog\/wp-content\/uploads\/2024\/07\/School_Kids_Front_Banner_700.png 700w, https:\/\/billmitchell.org\/blog\/wp-content\/uploads\/2024\/07\/School_Kids_Front_Banner_700-300x95.png 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/p>\n<div style=\"clear: both\"><\/div>\n<p>Episode 12 opens with Ryan couch surfing at his brother&#8217;s apartment after Elizabeth had thrown him out over his drinking and gambling.<\/p>\n<p>After years of believing in the dictates of Professor Noitawl who is the conservative TV network&#8217;s star commentator, Ryan is at a crisis point.<\/p>\n<p>He has been unemployed for months and there is no hope for a job while the economy is so depressed.<\/p>\n<p>He supported the government&#8217;s austerity strategy because the Professor said it would reduce the debt mountain, which Ryan had become convinced was a major problem for the nation and his family.<\/p>\n<p>The Finance Show begins and Noitawl is at it again this time telling the anchor that the mass unemployment is not a problem because economic theory tells us that the jobless have chosen leisure over work because it gives them more satisfaction.<\/p>\n<p>Ryan has had enough.<\/p>\n<p>He didn&#8217;t choose to be unemployed &#8211; he was sacked.<\/p>\n<p>He followed Noitawl&#8217;s advice and offered to work for lower pay which his boss just laughed at &#8211; no sales, no need for labour no matter how cheap it becomes.<\/p>\n<p>Ryan reflects on what Elizabeth and son Kevin have been saying for ages about Modern Monetary Theory (MMT) and its application to the real world and starts softening his position.<\/p>\n<p>He is basically confused.<\/p>\n<p>In Season 3, Ryan makes some changes &#8211; we will see what they are when Episode 1 is published later in May.<\/p>\n<p>Meanwhile, the major national election debate is underway and the Prime Minister and the Opposition leader are going head to head over fiscal matters and climate change.<\/p>\n<p>The Opposition leader stuns the PM by announcing her party will scrap the issuance of government debt and introduce a Job Guarantee.<\/p>\n<p>No debt issuance &#8211; no debt mountain.<\/p>\n<p>Scare campaign nullified.<\/p>\n<p>Elizabeth and Kevin are very excited by the Opposition&#8217;s promises and consider the PM to be delusional.<\/p>\n<p>The Episode ends with the PM making a major national announcement about the state of fiscal affairs in the country.<\/p>\n<p>Mrs Boff enters the scene and historians might detect some words from the PM that Denis Healey might have said back in 1976.<\/p>\n<p>Confused? Read this H.M. Treasury document &#8211; <a href=\"https:\/\/medium.com\/@hmtreasury\/the-imf-crisis-40-years-on-7b5c0612cb49\">The IMF Crisis: 40 Years On<\/a>.<\/p>\n<p>If you have any feedback we will appreciate it, other than &#8216;this sucks&#8217;.<\/p>\n<p><a class=\"color-button navy\" href=\"https:\/\/www.mmted.org\/smithfamily\/\">ACCESS SITE<\/a><\/p>\n<p>The manga is available in both English and Japanese.<\/p>\n<p>We are now taking a short Manga break before releasing Season 3 on May 23, 2025, where things are predicted to get really interesting.<\/p>\n<p>A trailer for Season 3 might read like this:<\/p>\n<p>TRAILER FOR SEASON 3<\/p>\n<p>Who wins the election?<\/p>\n<p>What is Ryan planning &#8211; a complete change of tack?<\/p>\n<p>Will Elizabeth take Ryan back?<\/p>\n<p>What will Professor Noitawl have to say about the current state of affairs.<\/p>\n<p>The kids head to Japan on a school excursion.<\/p>\n<p>A visitor from Africa gets the kids at school thinking.<\/p>\n<p>George Jones gets out of prison and learns what Eva has been up to in the lambo.<\/p>\n<p>That is enough for today!<\/p>\n<p>(c) Copyright 2025 William Mitchell. All Rights Reserved. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today (March 14, 2025), MMTed releases Episode 12 in the Second Season of our Manga series &#8211; The Smith Family and their Adventures with Money. This is the final episode in Season 2. There is a lot going on in the community at present with an election approaching and the government in crisis over its&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[77],"tags":[],"class_list":["post-62430","post","type-post","status-publish","format-standard","hentry","category-manga","entry","no-media"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/posts\/62430","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62430"}],"version-history":[{"count":0,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=\/wp\/v2\/posts\/62430\/revisions"}],"wp:attachment":[{"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/billmitchell.org\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}