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The Deficit Myth

by Stephanie Kelton
🎧 24 min listen Money & Investments

Everything you know about government debt is wrong - and that ignorance costs you.

Key Ideas
Chapter 1 The U.S

The U.S. federal government is not like a household - it creates the very currency it spends. Taxes don't fund federal spending; they drain excess mon…

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The Deficit Myth
For decades, politicians have used the federal deficit as
a weapon - proof that the government is broke, that social
programs must be cut, that the debt will crush our
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The Deficit Myth

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