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March 2023
Magical Monetary Thinking at the Fed Killed SVB
By L. Randall Wray and Stephanie Kelton
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Stephanie Kelton
71
Where To Even Begin?
The Fed's dimmer switch is lighting up credit markets.
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Stephanie Kelton
15
February 2023
More on the Interest-Income Channel
Last weekend, I wrote about Warren Mosler’s argument that the Fed’s rate hikes could be undermining its effort to bring down inflation. While Mosler is…
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Stephanie Kelton
41
Biden Wants to Bring Down the Deficit. Powell Wants to Bring Down Inflation. Are Rate Hikes Undermining Both Goals?
Last week, Fed Chair Jerome Powell said, “the disinflationary process has begun.” Many breathed a sigh of relief even as Powell told us that the process…
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Stephanie Kelton
19
Quick Thoughts on CBO's Budget and Economic Outlook
With more to come.
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Stephanie Kelton
51
Eight States Have Joined Forces to Raise Taxes on America's Wealthiest
Tomorrow morning, I’ll join CNBC’s Squawk Box to talk about a new effort to tax the rich. The segment will air at 7:50 ET. I’m not referring to the…
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Stephanie Kelton
57
Danger Ahead: Mike Pence Would Pick Up Where Paul Ryan Left Off
As long as we play along with the "solvency" game, Social Security is vulnerable to privatization.
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Stephanie Kelton
29
The tl;dr on Powell
The trillion-dollar questions. Answers inside.
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Stephanie Kelton
26
January 2023
The "National Debt" is No One's Fault
Let's stop the finger-pointing and have an honest conversation. Neither side is responsible for our debt crisis, because there isn't one.
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Stephanie Kelton
83
These Are the Times that Try Men's Souls
And mine too.
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Stephanie Kelton
59
© 2023 Stephanie Kelton
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