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Prof Stephanie Kelton - The Deficit Myth

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First published at 05:11 UTC on November 30th, 2021.

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Economist Stephanie Kelton explains what has been called Modern Monetary Theory. This describes what happens with a sovereign government that prints its own money. To compare a sovereign government with a household is incorrect. However, money …

IMO. the "big projects" dreamed up by those in government can be disastrous as they decide, for example, to allocate $25 billion for "testing, testing, testing," and billions to buy off hospitals to kill old people with mandated protocols, buy off workers with CARES relief,and buy off businesses to implement the Bolshie take over. The billionaires made out like bandits in the plandemic, and NO, the 58,000 new IRS agents won't be bothering the billionaires.

LESS