Stephanie Kelton, a professor of economics and public policy at Stony Brook University, dives into the world of Modern Monetary Theory and its implications for U.S. fiscal policy. She critiques traditional views on budget deficits and highlights the case study of Japan's economic stability despite high deficits. Kelton discusses her unexpected journey from aspiring dentist to influential economist, and the importance of bipartisan collaboration in budget hearings. The conversation also touches on challenges of inflation and the bold proposal of a government-funded job guarantee.

London Mayor Sadiq Khan discusses the intertwining challenges of the UK and US elections, focusing on misinformation, populism, and the responsibilities of media and politicians. He emphasizes the importance of informed discussions around immigration. Stephanie Kelton, an economics professor, challenges conventional notions about government spending and deficits, advocating for a fresh perspective on fiscal policy. Together, they explore the impact of deepfake technology on democracy and the need for critical thinking in navigating these tumultuous times.

Stephanie Kelton, a leading economist known for advocating Modern Monetary Theory and advisor to Bernie Sanders, dives into intriguing discussions on government debt and taxation. She challenges the myth of needing to tax the rich by emphasizing the advantages of strategic government spending. Kelton also critiques conventional economic policies, arguing for a jobs guarantee as a solution for economic stability over universal basic income. With insights into fiscal freedom and climate change funding, her perspective reshapes the narrative on economic management.

Stephanie Kelton, a professor of economics and public policy known for her work on Modern Monetary Theory, breaks down misconceptions around government deficits and spending. She argues that national budgets shouldn't be likened to household finances, emphasizing the importance of inflation management over traditional deficit fears. Kelton discusses the potential of policies like a federal job guarantee and how flexible financing can aid climate action. She also examines the implications of fiscal policies in the politically charged landscape ahead.

El-Erian discusses bond market volatility and restoring Fed's credibility. Kelton talks about putting fiscal policy on autopilot. Chiavarone describes Fed's policy trajectory as rocky. Schork highlights traders' skepticism about oil supply levels. Lowe says Biden-Xi Jinping meeting won't change dynamic between two countries.

In this engaging discussion, Stephanie Kelton, a Stony Brook University professor and a leading mind in Modern Monetary Theory (MMT), dives into the current inflation crisis. She challenges traditional views on deficits and spending, arguing that real resources limit government expenditures, not household-like debt constraints. Kelton explores the causes of today’s inflation, critiques political responses, and emphasizes the need for strategic investments in areas like climate change. With insights from the Milken Conference, she sheds light on the Federal Reserve’s role and the ongoing economic recovery.

Stephanie Kelton, Professor discussing the relevance of Modern Monetary Theory (MMT) and the role of government in controlling inflation. They cover topics such as the impact of government spending on inflation, the role of central banks, the Deficit Myth in the COVID era, involvement in political administrations, understanding inflation and fiscal policy, government budgeting during COVID, and the role of government and central banks in fighting inflation.

Stephanie Kelton and Kyle Chayka discuss the benefits of government deficits and the influence of algorithms on taste and culture. They explore Modern Money Theory and how algorithms on social media platforms homogenize tastes and impact creativity.

American economist Stephanie Kelton challenges economic orthodoxy in her book The Deficit Myth, discussing deficits as investments in education and infrastructure. The conversation explores Modern Monetary Theory, inflation risks, historical precedents, and government tools for addressing climate change.

Stephanie Kelton, a prominent economist and Modern Monetary Theory advocate, shares her personal relationship with money. She discusses the emotional complexities of teaching financial literacy to children and reflects on her unconventional career path, shaped by embracing risks and opportunities. The power of saying 'yes' emerges as a vital theme for personal growth. Kelton also explores financial stability and its ties to emotional well-being, urging optimism and resilience amid today’s economic challenges.