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.