This article addresses the fantastic Jared Bernstein clip from the other day, and places it in context. Stephanie Kelton, creator of the MMT bullshit, put out a documentary called Finding The Money, and Bernstein's clip was taken from there.
If you haven't seen it, here's a link to the Bernstein clip, which is pure joy:
https://twitter.com/FindingMoneyDoc/status/1786050601236779078
54 sats \ 0 replies \ @grayruby 6 May
Haha that was hilarious and painful to watch. He has no clue.
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54 sats \ 0 replies \ @Coinsreporter 6 May
Really, I was also left gasping. Bernstein! This man always and almost answered everything about money. But here? What happened to his biased tongue?
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54 sats \ 1 reply \ @BlokchainB 6 May
It’s so bad I was thinking this is Satire
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110 sats \ 0 replies \ @siggy47 OP 6 May
I thought maybe it was heavily edited or an AI deep fake. Turns out it was accurate. I knew it wasn't satire because I'm familiar with this Bernstein guy. I have consistently disagreed with everything he says for years.
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