Stephanie Kelton Explains Taxes, Debunks National Debt Myth, Talks Dollar Depreciation — TheRealHeisenberg

Summary:
Stephanie Kelton needs no introduction.The face of Modern Monetary Theory in a world suddenly awake to the realities of government finance in currency-issuing nations with high levels of monetary sovereignty, Kelton catapulted to near celebrity status in 2020, as the pandemic compelled policymakers to deliver trillions in stimulus virtually overnight to avert a global depression.Kelton’s The Deficit Myth became a New York Times bestseller over the summer. It’s a quick read, and the straightforward, at times colloquial, cadence makes it highly amenable to everyday people, no small feat for an economics volume.If The Deficit Myth reads like a prescription for policymakers suffering from a kind of self-inflicted psychosis, that’s probably because it is.... AlphaExchange — The Heisenberg

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