Stephanie Kelton
@StephanieKelton
Author of NYT Bestseller https://t.co/DVWlRrB2YD Professor of Economics and Public Policy @stonybrooku Co-host Best New Ideas in Money podcast š
ID:334217161
https://stephaniekelton.substack.com 12-07-2011 19:11:15
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The latest from the #BestNewIdeasinMoney podcast, with Stephanie Kelton and yours truly... marketwatch.com/podcasts/best-ā¦
'The way the Truss government collapsed should concern all who support democracy. The PM was seeking to fulfill her campaign promises. She was thwarted not by markets, but by a hole in financial regulation..that the BoE proved strangely unwilling to plug.' washingtonpost.com/business/markeā¦
Bond vigilantes are still a myth.
From today's Bloomberg Markets newsletter.
bloomberg.com/account/newsleā¦
Greatš§µfrom Richard Murphy to Hugh Grant re questions on Stephanie Keltonās āThe Deficit Mythā.
The Truss debacle *doesnāt* mean āausterityā is right.
My perspective, in a quickš§µ
ā«ļøGovt deficits matter, but *not* the way Thatcherās ānation as householdā implied. /1.
New from Pamela Herd & I: the Biden administration's loan forgiveness application is so well-designed that it turned an administrative process into a moment of joy.
Governments can and should learn from it. š§µ
nytimes.com/2022/10/23/opiā¦
You raise an important issue Hugh Grant. You're reading the right book. Stephanie Kelton is great and we talk often but this is a brief thread in response to your question.
The article āincluded a quote from a statement by Maya MacGuineas, the president of the Committee for a Responsible Federal Budget, [which]ā¦is not true, as every budget expert knows.ā ~ Dean Baker
āProducer pricesāa measure of inflation for companiesā goods and servicesāhave climbed nearly 10 percent over the last year. But Japanese companies, unlike their American counterparts, have been reluctant to pass on those additional costs to consumers.ā nytimes.com/2022/10/21/busā¦