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Jordan Klepper & Ronny Chieng On Whether Trump Already Violated His Gag Order | Stephanie Kelton

The Daily Show: Ears Edition

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Redefining Government Deficits with Modern Monetary Theory

The chapter explores how Modern Monetary Theory challenges traditional views on deficits, emphasizing that deficits can be beneficial for the economy. It clarifies that deficits result from government spending exceeding revenue, leading to financial surpluses elsewhere. Through the lens of MMT, the discussion sheds light on how deficits can be used to fund important initiatives and address societal issues.

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