Gold isn't money and the national debt is great (#MMT for Conservatives!)

in #economics7 years ago (edited)


Gold isn't money.
The national debt is great.
Federal surpluses crash the economy.
Taxes don't fund spending.
...what is this nonsense? Trust us! It makes sense once you understand the pieces. Dylan and Nima discuss MMT basics from a conservative standpoint.

How Government Surpluses Can Cause Economic Depressions: http://www.economicsjunkie.com/government-budget-surpluses-can-cause-economic-depressions/

Capacity Utilization: Total Industry https://fred.stlouisfed.org/series/TCU

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