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US Fiscal Policy and the 'Deficit Myth' with Stephanie Kelton

Masters in Business

CHAPTER

Reevaluating Government Deficits

This chapter explores the implications of government deficits, particularly in the context of the pandemic and evolving economic narratives. It challenges long-held beliefs about deficits by using Japan as a case study, highlighting how sustained fiscal deficits can coexist with economic stability. The discussion emphasizes the importance of context and encourages listeners to rethink traditional views on public debt and its role in the economy.

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