Economist warns Modern Monetary Theory is dangerous
"The U.S. government creating 100 dollar bills is not making planet Earth 100 dollars wealthier with each bill they print," says economist and author Bob Murphy, as he refutes Stephanie Kelton, who was an advisor to Bernie Sanders's 2016 presidential campaign.
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Show notes: https://reason.com/podcast/2024/09/05/bob-murphy-how-bad-is-the-national-debt/
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