
Economist Stephanie Kelton on the Debt Limit, a Potential Catastrophe We’re Risking for No Reason
Deconstructed
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The Importance of Modern Monetary Theory
I think that we need to be very cognizant of the fact that that is possible. And especially now with the bill that the House has passed, you know, if there's any kind of compromise,. This is probably going to require the votes of a lot of Democrats to get it through the House. Like all the Republicans are not going to vote for it. So it's going to be a bipartisan catastrophe. The Democrats will not be able to point to this and blame anyone because they did it too. Yes, I do too. That's extremely depressing.
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