“The U.S. government is not like a household. It is the issuer of the currency. It doesn’t need to ‘get’ money from anyone else—not from taxpayers, not from China.”
– Stephanie Kelton (economist, former US Senate Budget Committee Chief Economist)
#slogan #quotes #debt #deficit #money #Fed #currency #MMT #power #transactions #policy #government #politics #economy #credit #economics #USPol #USA #Treasury #Kelton #StephanieKelton
Right this minute, Elon #Musk and the #Trump administration are trying to subject America to a rapid program of 💥destructive austerity.
There is no one better to discuss the economic implications of this than the economist and professor #Stephanie #Kelton.
A former chief economist to the Senate Budget Committee and economic advisor to Bernie Sanders’ presidential campaigns,
Kelton is the author of
“The Deficit Myth,”
the book that catapulted the ideas of #Modern #Monetary #Theory into the mainstream.
Much of Kelton’s career has been spent on dismantling the intellectual underpinnings of the idea that the government cannot afford to help us all.
I spoke to her about the Republican economic agenda, inflation, crypto, Donald Trump’s inexplicable beliefs, and what the feckless Democrats should be doing now.
Our conversation, lightly edited for length and clarity, is below.
https://www.hamiltonnolan.com/p/stephanie-kelton-on-the-disastrous
#SmokehouseCreekFire #TXwx #Kelton #EVACUATION
Zakery Pressley, Reporter
Feb 27, 9:37 PM
Per Wheeler County Sheriff's Office - Kelton area be prepared to evacuate. https://www.facebook.com/WheelerCountySO
Smokehouse Creek Fire @ 9100 Block of County Road O, Stinnett, TX - https://share.watchduty.org/i/16557
RT @NhuBretagne@twitter.com
✅ #Halloween ou #Samhain ?
Ce soir pour les Celtes du monde entier, nous entrons dans la Nouvelle Année.
On vous dit tout sur cette Samhain de plus en pus populaire en #Bretagne.
https://www.nhu.bzh/halloween-bretagne/
#IamCelt #KeltOn #JeSuisCelte #BreizhSamhain
🐦🔗: https://twitter.com/NhuBretagne/status/1322475003149955072