Jon Stewart Is Not a Monkey — Stephanie Kelton

Summary:
Last week, Jon Stewart recorded a podcast with the former President of the Federal Reserve Bank of Kansas City, Thomas Hoenig. The conversation drew a lot of attention on so-called “finance twitter” (#FinTwit), where lots of folks piled on to ridicule Hoenig for arguing that monetary policy has been a major driver of inequality over the last decade or so. But the part of the conversation that really went viral had to do with money—where it comes from—and government debt.…Stephanie Kelton and Rohan Grey comment on the podcast debate between Jon Stewart and Tom Hoenig. Applied MMT.The LensJon Stewart Is Not a MonkeyStephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and

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