Abdul interviews the author of "The Deficit Myth"
Thank you for bringing so much knowledge to the table.... Thank you thank you thank you
thank you for having this interview with Ms Kelton, it was nice to hear her respond to your questions and to think more broadly about the topic of what is impacting inflation at this time. Uncoupling federal spending from taxation is not intuitive until one understands Modern Monetary Theory but I'm very glad I have started to educate myself on that.
Look at actual tax rates on the rich when the economy was humming; before Reagan, Bush, Clinton etc. got ahold of it. Why should working people pay the price for high inflation after decades and decades of tax cuts?
While decreases in taxes keeps the billionaires buying candidates to maintain and increase their pots of gold, for 99% of us, it is a slippery downward slope.
She is awesome
that book is excellent