Watch: Biden's Head Of Economic Advisors Try To Explain Government Borrowing

May 3rd 2024 3:25pm EDT

Watch: Biden’s Head Of Economic Advisors Try To Explain Government Borrowing Authored by Mike Shedlock via mishtalk.com, Jared Bernstein was asked about Modern Monetary Theory (MMT)… MMT says government is different. It owes the money to itself and the debt can be canceled at will. In MMT theory, a benevolent government would spend the money […]

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