Could ‘Modern Monetary Theory’ Save the World? | Ash Sarkar meets Stephanie Kelton

Usually the reason given for austerity, or lack of government spending on services and infrastructure is that there simply isn’t enough money – we must simply tighten our belts. The typical leftist response to this is that we should just tax the rich in order to generate the money needed for such expenditures.

But what if neither of these arguments is right. What if believing that these are the only two options is what is actually stopping us from improving people’s quality of life.

Credit to : Novara Media