#66 - Patricia & Christian: Unpacking The Deficit Myth (part 2)

Part 2: Patricia and Christian talk about Stephanie Kelton's best-seller The Deficit Myth. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast Our first three episodes: https://www.patreon.com/posts/41742417 Our episodes with Steven Hail on understanding government bonds:  Episode 30: https://www.patreon.com/posts/29621245 Episode 31: https://www.patreon.com/posts/29829500 Our episodes with Sam Levey about War Bonds:  Episode 32: https://www.patreon.com/posts/30005574 Episode 33: https://www.patreon.com/posts/30112818 Stephanie Kelton's "green dollar, yellow dollar" explanation of government bonds (but in pink!) starts at 19:49: https://youtu.be/c6ss3p4jjI4 Dr Steven Hail's introductory article, "Explainer: what is modern monetary theory?": https://theconversation.com/explainer-what-is-modern-monetary-theory-72095 Stephanie Kelton's introduction to MMT: "The Public Purse" Seven Deadly Innocent Frauds Of Economic Policy by Warren Mosler: http://www.moslereconomics.com/wp-content/powerpoints/7DIF.pdf Our two-part interview with Warren Mosler:  https://www.patreon.com/posts/28004824 https://www.patreon.com/posts/28142083 The Deficit Myth reading group questions: https://www.patreon.com/posts/39967940 Part 1 of our Unpacking The Deficit Myth series: https://www.patreon.com/posts/39964869 Transcript for opening monologue: https://www.patreon.com/posts/41893376