Stephanie Kelton on the Economy and The Deficit Myth
The past several years shocked both our national and global economies. As the government undertakes massive spending programs to counteract the damage, the national debt, the deficit, and inflation have become issues of national debate. We’ve invited Stephanie Kelton, author of The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy to take us behind the rhetoric and make the case for a different way of looking at the way we raise and spend money at the federal level.
Sources for audio clips
Intro | |
Stephanie Kelton: The big myth of government deficits | TED | https://www.youtube.com/watch?v=FATQ0Yf0Fhc |
Joe Manchin Says He Won’t Vote For Biden’s Build Back Better Bill - TODAY | https://www.youtube.com/watch?v=XFSAUEhC4HE |
What's driving U.S. inflation and how price pressures could be reduced - PBS NewsHour | https://www.youtube.com/watch?v=Isj0SgiCfXk |
Why U.S. Deficit Spending Is a Good Thing - Bloomberg Politics | https://www.youtube.com/watch?v=OHhfpCWxuXQ |
Issuing Currency | |
How the Government Creates Stimulus Money | WSJ | https://www.youtube.com/watch?v=PZpYgQiZXhI |
Child Poverty Reduced | |
Biden ‘On Track’ To Cut Child Poverty In Half Due to American Rescue Plan | NBC News | https://www.youtube.com/watch?v=uBqZqFZAQxE |
Deficit Spending Good | |
Why we need to debunk the 'deficit myth' - BBC REEL | https://www.youtube.com/watch?v=d_udbs-wuDA |
Federal Reserve | |
What Does the Federal Reserve Do? - TD Ameritrade | https://www.youtube.com/watch?v=Ug_q97QKDjk |
Outro | |
Stephanie Kelton: The big myth of government deficits | TED | https://www.youtube.com/watch?v=FATQ0Yf0Fhc |
Show Credits
Host: Alyssa Milano
Executive Producer: Alyssa Milano
Associate Producer: Ben Jackson
Editing and Sound Production: Maciej Lewandowski
Music by: Josh Cooke & Eleisha Eagle and Milo Bugliari