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Stephanie Kelton

“The point is, not every deficit serves the broader public good. Deficits can be used for good or evil. They can enrich a small segment of the population, lifting the yachts of the rich and powerful to new heights, while leaving millions behind. They can fund unjust wars that destabilize the world and cost millions their lives. Or they can be used to sustain life and build a more just economy that works for the many and not just the few. What they can’t do is eat up our collective savings.”

Stephanie Kelton, The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy
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The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy by Stephanie Kelton
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