An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Friday, July 3, 2020
A top economist says the $4 trillion federal deficit isn't the problem — it's how we're spending the money — Paul Constant interviews Stephanie Kelton
“ when the government has a deficit that means that money is being spent in the economy”
ReplyDeleteThere is still government spending even under zero deficit or fiscal surplus....
Mister obvious is at it again.
ReplyDeleteMore correct it’s you who couldn’t fathom the obvious here. So you stated something everyone already understood.
ReplyDelete