Very well constructed video!

Evil.

this sure smells like propaganda

It should be absolutely mandatory that anyone involved in even the most tangential way, in advising on, or setting economic policy... should have him/herself run a profitable business. I guarantee that Ms. Kelton hasn't operated even a lemonade stand in 4th grade. MMT is utter nonsense, and it makes perfect sense that this woman served as Bernie Sanders' "economic advisor"... holy god, we need some adults on the room.

This has aged like milk.

Chill y will y cartoons classic movie 🎬 🎞 🎥 🎦 📽 go to the store and buys some penny candy 🍬 butter scotch candy 🍬 😋 mmmmm good 👍

Im hooked on phonics Ohno batman were in a jam yah tada hahaha bad Colby cheese 🧀 and it's not cho cheese okay 🧀 now play with monopoly or your own big wheels outside

But the "intrest" is never created so the debt can never be repaid.

More misrepresentation by Kelton - Savings in a bank are Not non interest bearing deposits - They are interest bearing deposits. Government bonds may be interest bearing but the interest is paid by those in the economy. Besides that the most wealth do not buy government bonds because as one of the wealthest investors in the U.S. over the past 60 years, Warren Buffett, pointed out they are a bad investment over time and a sure way to losing money. High-grade bonds, he said, can increase the risk of an investment portfolio as inflation eats away at the return.

More fraudulent representation by Kelton about the deficits that the federal government creates. The reality is deficits are a debt for the private sector to pay for. The idea of government spending $100 and taxing out $90 does not leave $10 in the private sector of the economy. It leaves $10 of money and another debt of $10 to be paid back in the future by the taxpayer because all of the deficits are funded by debt and those debts mature which requires the private sector of the economy to pay them off.

Nevermind inflation:) and if you are lower income and don’t own bonds- you are still in a very bad position.

This one is some onion. MaGic Money Tree Monkeybrain Maths Troll

Well there have always been tactics to denounce and deter reporting on the topic so calling Robyn "privileged" is just another one any of the girls that were white and reported rape and were ignored feel "privileged" I doubt it. Ronan Farrow too was stalked and harassed to keep from telling his story but maybe were he not already from a famous family and "privileged" the story would have been suppressed as it was by others before him. Reporting about police failings is awkward too ask anyone that ever wanted to file a complaint against them personally and Tommy Robinson to some extent again white male was disregarded as racist in the UK. People need to change their perceptions of violence generally if they will change them about sexual violence ever. This is the metoo era but it's the MGTOW era too guys want to be openly mysoginstic so maybe there will be more Incel men and more introverted women wanting less to do with them. A woman can go many years without a terrible experience but it only takes one to change her attitude or traumatize her.

What a buffoon

Waaaaauw, the economic genius Kelton. She has to pay the whole deficit herself

Yes quotas are super. Somehow we must find jobs for blind, disabled,........ and woman. Thank you for making woman permanently unequal.

Godless Marxism again recast into nothing. Note, a laborer is worthy of his hire. Value is not printable. BLOOD, TEARS, TOIL, and SWEAT. That is Value, EARNED, cemented, planted into God's ever-expanding, ever-growing REALITY. Like Marx, you may have had a glimpse into God and MANKIND’S actual REALITY, but it is terribly warped. One may not reconstruct a dinosaur from its toenail. Nothing meant in disrespect of your personal dignity. However, yours is a philosophy, hardly a science, cosmically unreal. Bernie Sanders' Marxist unreality serves his personal grifting well, but not humanity. That should have been a warning.

Kelton is criminally idiotic pushing this woke stupidity. This policy accelerates stealing peoples money and give it to the powerful.

So then why pay taxes at if if printing money to build deficits work? Absurd. Amazing people in the comments buy this garbage.

This woman is full of shiz

Voltaire in 1729 “PAPER MONEY EVENTUALLY RETURNS TO ITS INTRINSIC VALUE - ZERO”

Any questons why our currency has been destroyed?

You cant have GOP and DEM (establishment neocons/neoliberals) forever wars, conducting coups to overthrow democratically elected governments, bloated military spending, US military bases all over the globe, and never ending billions for Israel without MMT. Thats why we have it, so the GOP/Dem deep state thugs can continue the above.

Lady, you are delusional!!! You need to get off the air!!!! According to your logic, you should loan me all the money I want and I’ll put it to good use and there will be benefits and I’ll never pay you back, but there will be benefits! Just not for you who loaned me the money. Bullshit!!!!!!!!

An apologist who should not be taken seriously.

1:51 "a gov deficit simply means that the gov is spending more dollars into the economy than it is subtracting away, mainly by taxing". The austrian rebuttle is that the money the gov spends in the economy is spent on goods and services, produced by gov workers jobs. The good and services are whats valueable, not the fiat money. The larger the percent of society working for the gov there is, the less goods and services will be produced by the people, for the people, and the more will be produced for the governments programs. Im not an anarchist and i agree some programs are neccessary, companies should be regulated, ect. But for programs to be approved they should pass an approval to raise taxes, instead of lying to the people about what real taxes are by combining them with inflation caused by a debt all governments around the world, will never be able to pay off, even in peacetime. The interest rate on bonds vastly underperforms the rate of growth of the money supply, and will perform worse than hard assets.

Due to people being people the Cantillion Effect will always drive the value of the extra dollars to those closest to the place the money is printed. Dr. Kelton's ideas may work if we are on an island with a completely closed economy. As soon as we have to interact with others who are concerned with the value represented by the currency, deficits matter. That is why over production of currency always collapses a society.

Replace her with a black or Hispanic woman.

She falsely asserts that a central planner can decide better than individuals what is best for the individual, that people who don't own inflation protected assets will receive a benefit from inflated currencies, and that governments are extremely inefficient at using and distributing money. Any government money that is created from government increasing the money supply doesn't create more goods and services, it only reallocates the money to different sources. Interest paid out from the gov't reduces the amount from their budget they can spend on tangible services and increases the amount paid to holders of gov't debt. Overzealous spending by gov't has always ended up sinking a civilization

Majority of Western governments have very poor money skills. Only Switzerland and especially Singapore have been prudent with taxpayers money.

I think Dr Felton would do herself some good by going back and rereading the writings of Milton Friedman. She is living in a make belive utopia that does not exist. Intellectuals like her will drive us to the next great depression. She also gave away her political leanings with her example of “green” infrastructure spending by government.

MMT consists of intellectual garbage. Those who advocate it base their ideas on two fundamental logic flaws: 1) They do not understand the role of money, which acts as a medium of INDIRECT exchange, and 2) They do not understand the source and measure of value, which exists only as the subjective preferences of individuals. The many other errors in this "theory" do not matter if they do not resolve these two flaws.

Rubbish. Alfredo Pareto was correct when he said that 80% of the wealth always end up in the top 20%. Always.

Borrowing never leads to good outcomes and our insane 34 trillion-dollar spending and borrowing, which is 30 trillion dollars more than we had just 20 years ago, is the real reason for our high inflation. It is not complicate, and anyone who knows simple economics, knows that the law of supply and demand cannot be broken without negative consequences.

These women are wrong.

It is not possible to issue debt without increasing interest rates. That hurts everyone.

I am seriously offended that the MMT crowd disappeared in 2020. We are betrayed by those who actually nailed the teachings of Jesus.

Oh boy the "debt" concept is so idiotic. When you play monopoly is the currency issuer in debt? It's a damn mirage! which is nothing but a mirror image of all the money not collected in taxes. Lets get rid of the debt so there's no money in the economy. Might as well just set the welcome mat for whomever wants to invade and conquer America.

Our biggest debt is to the earth. To whom do we owe our lives and hopes?

As long as any new dollars created are equally distributed to each citizen i think it could work. The issue seems to be when the government both creates money AND decides how it's spent. That virtually guarantees corruption at the highest level

Makes about as much sense as 2+2=7

she is only thinking about how spending helps the economy ! The other side is not addressed here! IF THIS is true,the feds can just WASTE MONEY...NO LIMIT!...the present 'Build bck better"is not free money!,,HOW CAN WE GET ANYTHING FREE!?...and it makes contractors,insurers ,suppliers RICH as there is little competition as theres so much work............the only way we pay for govt waste is through inflation! hurting the poor and making the stockmarket rise as theres plenty of money to steal with high prices......l cant believe there is a simpleton out there getting a salary(large,lm sure) to say this !!

She’s a complete idiot. A total Moran. The depth of her stupidity is awesome. She actually things government spending ids efficient and thus, the more you spend the more efficient and the greater benefit. Amazing.

Word soup. Lies, damn lies and statistics.

bullshit dont drink this koolaid dont eat this kookie cookie

Anytime you see the "institute for gender and the economy" you should pretty much get you BS detector turned on.

What she is saying about bonds is only sort of true if only citizens can buy bonds. But that's not true. A lot of bonds are held by foreign countries such as Japan and China. MMT is the Laffer curve of the left and is just as big a load of nonsense. Before you ask, yes I have a degree in economics to go along with the one I have in mathematics.

MMT is best used to understand a floating exchange rate currency, not as a prescription to cure society's ills. It concentrates power in the hands of the government for good or ill.

Building a lazy corrupt society one brainwash at a time.

She appears to be making a career out of pushing ideas that most economists think are wrong.