Modern Money Theory Explained _ on Guns & Butter

This show was broadcast April 23, 2012.
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Economic Myths

GUNS AND BUTTER with Bonnie Faulkner

Modern Money Theory Explained — Stephanie Kelton
Myths about taxation and government revenues in a sovereign currency situation; debts and deficits; full social security and price stability; the use of sectoral balances to analyze the financial position of the different sectors of the macro economy; the three sectors of the macro economy; the two rules governing the three sectors; the financial balance model.



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