Chair of the U.S. Council of Economic Advisors explains...

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clusterchuck
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Chair of the U.S. Council of Economic Advisors explains...

Post by clusterchuck » Fri May 03, 2024 7:30 pm

...how totally F*CKED tax payers are.

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clusterchuck
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Re: Chair of the U.S. Council of Economic Advisors explains...

Post by clusterchuck » Fri May 03, 2024 7:41 pm

BTW: the woman in that video clip is economist Stephanie Kelton who hosts the film "Finding the Money".

The film focuses on "Modern Money Theory or “MMT”.

"Kelton asserts the National Debt Clock that ticks ominously upwards in New York City is not actually a debt for us taxpayers at all, nor a burden for our grandchildren to pay back.

Instead, Kelton describes the national debt as simply a historical record of the number of dollars created by the US federal government currently being held in pockets, as assets, by the rest of us."

MMT bursts into the mainstream media, with journalists asking, “Have we been thinking about how the government spends money, all wrong?”

But top economists and politicians from across the political spectrum condemn the theory as “voodoo economics”, “crazy” and “a crackpot theory”.

FINDING THE MONEY traces the conflict all the way back to the story we tell about money, injecting new hope and empowering countries around the world to tackle the biggest challenges of the 21st century: from climate change to inequality."

Finding The Money Movie.jpg
https://findingmoneyfilm.com/
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