Daily Archives: February 24, 2022


WAR IN UKRAINE. What – If Anything – Should the US Do?

Briahna Joy Gray has the podcast WAR IN UKRAINE. What – If Anything – Should the US Do? BJG Interviews Bernie’s Foreign Policy Wonk.

This week, Briahna Joy Gray spoke to Bernie Sanders’ foreign policy advisor, Matt Duss, about the escalating conflict in Ukraine.


Toward the end of this interview Matt Duss admits that his family background is from Ukrainian speaking Ukraines. It would have been very helpful if he had said that earlier. He thinks that our focus on Nazi elements in Ukraine is over done. As someone from a Jewish family, I disagree. Perhaps our family backgrounds have something to do with this disparity. In fact the situation of Jews in the Ukraine, never entered the discussion.

Volodymyr Oleksandrovych Zelenskyy “is a Ukrainian politician, actor, and comedian who is the sixth and current president of Ukraine, serving since May 2019”.

Zelenskyy grew up in Kryvyi Rih, a Russian-speaking region in south-east Ukraine.
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Volodymyr Oleksandrovych Zelenskyy was born to Jewish parents.

I wonder what Zelenskyy feels about the Nazi elements of Ukrainian politics. I wonder if the Russian “invasion” actually makes him feel more secure about speaking out against the Nazi influence in the Ukraine.


Modern Monetary Theory, Explained!

Jon Stewart had the podcast Modern Monetary Theory, Explained! | The Problem With Jon Stewart Podcast | Apple TV+.


Almost great interviews. There are two huge mistakes in this, however. In the beginning they were all confused by not differentiating private sector debt from public sector debt. Cancelling the debt is meant for cancelling private sector debt. It is not intended to cover cancelling public sector debt. The conversation with the Kansas City Fed President bollixed up that entire conversation.

The second mistake was misunderstanding Keynesian economics by Stephanie Kelton, who should know better. The great contribution that Keynes made in economics is in explaining exactly why monetary policy does not work to get us out of a depression. He explained that government spending for fiscal policy was needed to get out of a depression. This Keynesian explanation is not in conflict with MMT at all.