Economics

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Biden's Economic Adviser Tries and Fails To Explain How Money Works (youtu.be)

submitted 5 months ago by [email protected] to c/[email protected]

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[–] [email protected] 9 points 5 months ago (4 children)

This source is very reactionary, don't take it at face value.

[–] [email protected] 7 points 5 months ago* (last edited 5 months ago) (3 children)

That may be but the footage is genuine and it's genuinely very embarrassing. Richard Wolff was interviewed recently and he was asked about this very clip and he also said that this was a shameful performance. He went on to explain exactly how this stuff works in a very straightforward way that pretty much anyone can understand. I forget what program this was on though.

[–] [email protected] 4 points 5 months ago (2 children)

I think this clip was posted before. Is it from the Stephanie Kelton film?

Do you have any links for Richard Wolff''s comments on this clip? Maybe I will look for it later.

[–] [email protected] 3 points 5 months ago* (last edited 5 months ago) (1 children)

It was on Jimmy Dore show: 2:20 - 8:20. Very nicely explained. https://www.youtube.com/watch?v=4LVJpfP_qK0

[–] [email protected] 1 points 5 months ago* (last edited 5 months ago)

I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy: