Macro Voices

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October 22, 2020  

MacroVoices #242 Stephanie Kelton on Modern Monetary Theory

October 22, 2020

MacroVoices Erik Townsend and Patrick Ceresna welcome Stephanie Kelton to the show to discuss how Modern Monetary Theory can enable more, not less government spending using the power of central banks to conjure new money supply out of thin air to finance government spending, without necessarily raising taxes or borrowing from foreigners.