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

Jun 24, 2019
News With MR Crew
We are live at 12:00 ET, with news and analysis. Check out today's sponsors: Introducing Hunt A Killer: a monthly subscription game where you become a detective immersed in a murder mystery, Right now, just for our listeners you can go to HuntAKiller.com/MAJORITY for 20% off your first ...
Happy Friday! Sam is out today, Michael Brooks fills in with special guests Ana Kasparian and Corey Pein to discuss the week in news, including the growing tensions with Iran, Joe Biden's past working relationship with segregationists, and the connection between climate change, UFOs and ...
Good Thursday morning, joining Sam on today's Majority Report is journalist and scholar Leta Hong Fincher to discuss her book,  Betraying Big Brother: The Feminist Awakening in China. Through interviews with feminists and other leading Chinese activists, Hong Fincher illuminates the ...