But How Will We Pay For It?
“That's a good idea ... but how will you pay for it?” Dr. Stephanie Kelton joins Amar Reganti to discuss the economic priorites for the current administration. Topics include:
- The relationship between federal government taxes and outlays
- The function of the market for U.S. Treasuries and the meaning of “national debt”
- The legal constraints of the U.S debt ceiling
- The relationships between government spending, the “money supply”, and inflation
- The status of the U.S. dollar as a global reserve currency