Sunday, January 21, 2018

MMT's Stephanie Kelton gets an Op Ed in the LA Times

Congress can give every American a pony (If it breeds enough ponies) Excerpt: “What if it turned out that the government really could give everyone a pony — and a chicken and car? That is, so long as we could breed enough ponies and chickens and manufacture enough cars. The cars and the food have to come from somewhere; the money is conjured out of thin air, more or less.”

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One of the objects if this blog is to elevate civil discourse. Please do your part by presenting arguments rather than attacks or unfounded accusations.

Nice Try, Milton

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