Date: 2024-12-21 Page is: DBtxt003.php txt00025650
ECONOMICS
UNDERSTANDING MONEY
TED: Stephanie Kelton: The big myth of government deficits
UNDERSTANDING MONEY
TED: Stephanie Kelton: The big myth of government deficits
Original article: https://www.youtube.com/watch?v=FATQ0Yf0Fhc
Peter Burgess COMMENTARY
Peter Burgess
TED
Oct 13, 2021
23.5M subscribers ... 167,225 views ... 4.8K likes
Government deficits have gotten a bad rap, says economist Stephanie Kelton. In this groundbreaking talk, she makes the case to stop looking at government spending as a path towards frightening piles of debt, but rather as a financial contribution to the things that matter -- like health care, education, infrastructure and beyond. 'We have the resources we need to begin repairing our broken systems,' Kelton says. 'But we have to believe it's possible.'
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