January 10, 2022
Episode144

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.

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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