Evidence of over spending is inflation | dept and investment

Does the rising deficit matter?

About Stephanie Kelton

"Money doesn't grow on trees, but it does grow on rich people".
"The super patent of the US dollar. It's a fact that the federal government creates it's own currency, issues it's own currency".
Quantitative easing...



Bernie's Economist Explains Why We Can Actually Have Nice Things


Where does money come from, that the government spends?
"Deficit is the difference between the amount of money the government spends, in a period of time, and the amount of money the government collects, in the form of payments, mostly taxes".

Marginal Propensity To Consume.