Modern Monetary Theory: What They Don’t Tell You (Ft. L. Randall Wray)

Transcript

I thought that the tariffs in the McKinley era are what made us so rich. As Donald Trump claims, we were so rich, we had more money than we ever needed. Government doesn't need revenue. So, and you know, that was a non-starter anyway. 'cause if the tariffs work, there is no revenue. If you keep out Chinese goods, there's no revenue from the tariffs... Read More