Episode

9/26 The Debt Crisis is a Myth & Modern Monetary Theory w/ Stephanie Kelton

September 26, 2017

Steve Mnuchin reflects on lying to Americans about pushing for a large tax break for the wealthy.

Stephanie Kelton (@StephanieKelton), a Professor of economics and public policy at Stoney Brooke University, explains the Bretton Woods system. Why leaving behind the Gold Standard creates policy flexibility. Why did Nixon take America out of the Gold Standard? Why our fiscal policy has not left behind the Gold Standard way of thinking. What is money in modern economics? How does payment work? What actually causes inflation. Why inflation is not the problem right now in global economics. Taxes and how money works in society and the plutocrats who have an interest in perpetuating the debt myth.

On The Fun Half: Protestors are removed from the Senate as they fight to protect public healthcare. Bernie Sanders makes more progress in mainstreaming Single Payer healthcare. Sanders schools Graham and Cassidy at the CNN debate. Lindsay Graham tries to attack the health insurance industry while pushing a bill to enrich them. Marxism and identity. Rick Santorum throws a tantrum on CNN over the Graham Cassidy health bill. Louie Gohmert thinks John McCain should be recalled because he has cancer. Sarah Huckabee explains that Trump can do policy and pick fights on Twitter at the same time and your calls and IMs.

Check out today’s sponsor! https://www.brooklinen.com use promo code Majority!

The Michael Brooks Show is live tonight on the Majority Report Youtube Channel! Become Patreon for all TMBS content here https://www.patreon.com/TMBS

Past Episodes

It's Casual Friday on the Majority Report On today's program: More Epstein emails continue to surface, and they’re becoming a growing problem for Donald Trump. Pundits are working overtime to run interference. In 2018, Megyn Kelly said on NBC that there’s no such thing as consent for ...
It's a Matt-jority Report Thursday on the Majority Report. On today's program Matt Lech is in the chair for Emma who normally would be in the chair for Sam. Over 1,000 unionized Starbucks employees are striking today at 65 stores across more than 40 cities. The strike organized by ...
The House Oversight Committee releases three email threads from the Epstein estate that make Donald Trump look as he would put it, not so great. The emails show Michael Wolff advising Epstein on how to use his association with Trump to curry favor with him. Managing editor of the American ...