National Deficits, Debts and Dodo Politics by Dr Stephanie Kelton

P F Tinmore

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Dec 6, 2009
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There are a few things I disagree with or that she has skipped over but she makes more sense than most of our politicians.

 
At 36:39 she says, "We're trapped in this gold standard way of thinking. Where money is a thing, like gold is a thing. And once you spend it, then there is less of it"

She's trapped in the Keynesian way of thinking, that once we save money, then there is less of it.

Toro
 
The best cure for American economy would be to downsize the government and do away with the stock market
 
At 36:39 she says, "We're trapped in this gold standard way of thinking. Where money is a thing, like gold is a thing. And once you spend it, then there is less of it"

She's trapped in the Keynesian way of thinking, that once we save money, then there is less of it.

Toro

What is she, a medical doctor?

Because that’s a pretty dumb thing to say for a doctorate in economics.
 

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