Love the science part of this. Unfortunately, the speaker has little understanding of the monetary system and macroeconomics, pressing the popular idea that the government is like a business or household, that taxes and bonds fund government expenses, and a bunch of other nonsense that hasn't been true since we left the gold standard in the 70s.
Love the science part of this. Unfortunately, the speaker has little understanding of the monetary system and macroeconomics, pressing the popular idea that the government is like a business or household, that taxes and bonds fund government expenses, and a bunch of other nonsense that hasn't been true since we left the gold standard in the 70s.
gouldeffect 9 months ago