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What $31 Trillion Looks Like Through the MMT Lens

stephaniekelton.substack.com

What $31 Trillion Looks Like Through the MMT…

Stephanie Kelton
Oct 6, 2022
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What $31 Trillion Looks Like Through the MMT Lens

stephaniekelton.substack.com

You may have heard that the US debt just reached its highest level in history. THIRTY ONE TRILLION DOLLARS! “Run for the caves!”, as someone at CBO once joked in a meeting I attended in 2015. The New York Times marked the occasion with this article yesterday, and CNN ran a full segment talking about what it all (supposedly) means for everyday Americans early this morning. (I’m having trouble finding a link to the latter, but I watched it live.)

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