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'Finding the Money' documentary explores another angle to national debt

'Finding the Money' documentary explores another angle to national debt
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The Financial Foundations of U.S. Hegemony: Rethinking Modern Mo - 博客

The FinancialFoundations of U.S.Hegemony:RethinkingModernMonetary theory.

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Transcripts for MSNBC The Last Word With Lawrence ODonnell 20240604 02:14:00

i wouldn t say that the adaptation has always been smooth, i certainly wouldn t say that everyone benefited from it. but this has happened before. i guess, the question now is, how disruptive is this really going to be? and how well is society as a whole, and policy makers, which we already discussed, how well are they thinking about it? tracy, in all of my career as a financial journalist, this is the first such conversation i ve had specific to job losses related to a.i.. i will remember it. i appreciate how much nuance you brought to this conversation. i m sure we are going to discuss this many more times. we appreciate your time, tracy alloway. joining us now, stephanie kelton, 8% for of economics and policy at stonybrook, she s the officer author of the deficit myth, modern monetary, and the birth of the peoples economy. i ve got very specific things i want to talk to you about with respect to the debt limit and all that. i just want to talk about this. you talk about the people

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Transcripts for MSNBC The Last Word With Lawrence ODonnell 20240604 02:07:00

today than ever in the history of this country. inflation has dropped ten straight months in a row. in this debate, i refused to put what was responsible for all of this economic progress on a chopping block. i can honestly say to you tonight, that i ve never been more optimistic about america s future. i want to talk about how we should think about all of this. america s astonishing economic resilience, in the wake of the covid pandemic. and how it was not just dumb luck, but smart policies. including a different kind of thinking about spending. that to joe biden has, that donald trump didn t have. stephanie kelton, the officer the author of the the deficit myth, is going to be here to do all of that in just a moment. i m going to go back to what i told you at the top of the show. i m gonna introduce one more element to this conversation. this is the fact that i mentioned at the beginning that you re going to want to remember about this week. the debt limit hostage taking has been s

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