I know I know….this “economist” Stephanie Kelton is considered a charlatan by Traditional Economists

But what IF Traditional Economists are wrong ?

This MMT is NOT FED driven …It is NOT something the present System embraces

It is something quite different . it is Government taking control of the Money supply on a greater and greater percent basis and banks and ergo the FED taking less control .

I am just trying to understand.

Should we just dismiss this stuff as left wing commie pinko craziness..without even understanding it ?

Should we dismiss it because AOC and Bernie endorse it ?

Read these explanations watch the videos and draw your own conclusions.

If you still think it’s a bad idea then at least your opinion is informed.



Now for some contriversial quotes 🙂

“The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge.”
Daniel J. Boorstin

“You are not entitled to your opinion. You are entitled to your informed opinion. No one is entitled to be ignorant.”
Harlan Ellison

“There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that ‘my ignorance is just as good as your knowledge.”
Issac Asimov

“Being ignorant is not so much a shame, as being unwilling to learn.”
Benjamin Franklin

“Our wretched species is so made that those who walk on the well-trodden path always throw stones at those who are showing a new road.”
Voltaire, Philosophical Dictionary

“To know that you do not know is the best.
To think you know when you do not is a disease.
Recognizing this disease as a disease is to be free of it.”
Lao Tzu


“It’s a fact—everyone is ignorant in some way or another.

Ignorance is our deepest secret.

And it is one of the scariest things out there, because those of us who are most ignorant are also the ones who often don’t know it or don’t want to admit it.

Here is a quick test:

If you have never changed your mind about some fundamental tenet of your belief, if you have never questioned the basics, and if you have no wish to do so, then you are likely ignorant.

Before it is too late, go out there and find someone who, in your opinion, believes, assumes, or considers certain things very strongly and very differently from you, and just have a basic honest conversation.

It will do both of you good.”
? Vera Nazarian, The Perpetual Calendar of Inspiration