A good listen where you learn:

  • The expected effects of the new tax policy
  • The reason why governments issue bonds instead of just printing money
  • Why the size of the budget deficit is meaningless without context
  • The role of the central bank
  • The difference between currency issuers and currency users — and what this means for Europe and US states

Source: Stephanie Kelton explains how the government budget affects the economy and the mechanics of student debt forgiveness

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