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 … Continue reading Stephanie Kelton explains how the government budget affects the economy and the mechanics of student debt forgiveness
IT might make you feel better but tomorrow if the US Federal Government, or Australia or the UK repaid the entirety of its national debt, it would make not one dollar’s difference … Continue reading What if every government paid off its national debt?
The recently passed federal tax cut seems perilous for the United States government and economy. But even as some financial commentators have for years predicted chaos in the U.S. financial system resulting … Continue reading Is Washington tacitly operating under a new monetary theory?
A new research paper suggests that government spending in a recession doesn’t cause long-term economic harm. Everything you thought you knew about budget deficits is wrong, according to a new paper presented at … Continue reading Budget deficits can boost the economy without large costs
IT might make you feel better but tomorrow if the US Federal Government, or Australia or the UK repaid the entirety of its national debt, it would make not one dollar’s difference to your bank account. In fact the economy would tank. “If America repaid all its national debt tomorrow, we very … Continue reading What if every government paid off its national debt?
There are so many things to bash his tax plan for — and you choose the national debt? The Democrats play right into the hands of the Republicans by worrying about the … Continue reading Why Democrats need to stop concern-trolling Trump about the deficit