Debunking deficit myths (with Stephanie Kelton)
Pitchfork Economics with Nick Hanauer
00:00
MMT
The conventional way of looking at economics tells us that deficits matter. But it's inflation we should be looking at as a sign of whether we're spending too much, not the size of the bet deficit. Nick Gillespie: MMT is an attempt to describe accurately what we have been doing for a very long time. And when you describe it accurately, it changes your perspectives on what you've been up to and why you've been doing it.
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Transcript
