What's funny is that Sanders might be gearing up to make this very argument [for overt money financing by government]. His chief economic adviser, University of Missouri-Kansas City economist Stephanie Kelton, is a fan of something called modern monetary theory: a batch of ideas that sketches out a very similar case to the one above.
Note that Stephanie Kelton is not the chief economic advisor to candidate Bernie Sanders, but rather the chief economist for the minority of Senate Budget Committee, which chaired by Sen. Sanders as the ranking member.
2 comments:
There's AlWAYS a cost in real terms. Watch my video. Yet these idiot journalists kill their own good intentions by writing headlines like, "You don't need to pay." The movement will never gain credibility with ridiculous statements like this.
Bringing the topic onto real resources should add credibility, yet you still get similar comments on your videos. As if money were everything, which is what this author dwells too much on.
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