Ep. 55: Cash Now (feat. Stephanie Kelton)

The coronavirus pandemic and all of the economic and social crises that it has exposed has politicians of all stripes calling for massive government intervention. And, funny enough, no pundit or politician is whining about how “WE CAN’T AFFORD THIS!” But just as in 2008, corporations and lobbyists are salivating at the opportunity to milk this crisis for as much government money as they can get their hands on. This is why we MUST use this moment to massively reshape our economic and healthcare systems and immediately get money in the hands of all Americans. Michael discusses what action must be taken with economist and professor Stephanie Kelton, former economist with the Senate Budget Committee and author of the forthcoming book, "The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy."

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Call your U.S. Senators: 202-225-3121

Call your U.S. Rep: 202-224-3121

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Pre-order Stephanie's book "The Deficit Myth" from BookShop:

https://bookshop.org/a/1381/9781541736184

Or, if you prefer Amazon, pre-order it here:

https://amzn.to/2UUvrOH

FDR's 2nd Bill of Rights scene from "Capitalism: A Love Story":

https://vimeo.com/32647556

Stephanie's op-ed in NYT:

https://www.nytimes.com/2020/03/21/opinion/-coronavirus-stimulus-trillion.html