{"id":28691,"date":"2020-12-02T22:38:31","date_gmt":"2020-12-03T03:38:31","guid":{"rendered":"https:\/\/ssgreenberg.name\/PoliticsBlog\/?p=28691"},"modified":"2020-12-02T22:38:31","modified_gmt":"2020-12-03T03:38:31","slug":"where-does-the-economic-buck-stop","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2020\/12\/02\/where-does-the-economic-buck-stop\/","title":{"rendered":"Where does the (economic) buck stop?"},"content":{"rendered":"<p><em>Medium <\/em>has the article <a href=\"https:\/\/medium.com\/@slevey087\/where-does-the-economic-buck-stop-cc2c1ad66652\" rel=\"noopener noreferrer\" target=\"_blank\">Where does the (economic) buck stop?<\/a>.<\/p>\n<p>This is the most honest discussion of this situation I have seen coming from the MMT world. I just saw a March 2020 interview with Stephanie Kelton where she did mention the supply shock from the pandemic, but the interviewer wasn&#8217;t smart enough to push her to explain more. Actually Stephanie should have answered the question the interviewer failed to ask. I did a little skimming of the Medium article above. Did I miss where he mentioned that the people who are willing to &#8220;sit&#8221; on the money, and not spend it, are the wealthy who are actually &#8220;spending it&#8221; to keep the stock market bubble inflated? I am one of those retired folk who will take a hit when the stock market crashes.<\/p>\n<p>The Stephanie Kelton interview is at <a href=\"https:\/\/www.youtube.com\/watch?v=1jBetgONs0E&#038;feature=share\" rel=\"noopener noreferrer\" target=\"_blank\">Stephanie Kelton: MMT, the Crisis, and the Real Economy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Medium has the article Where does the (economic) buck stop?. This is the most honest discussion of this situation I have seen coming from the MMT world. I just saw a March 2020 interview with Stephanie Kelton where she did mention the supply shock from the pandemic, but the interviewer wasn&#8217;t smart enough to push [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-28691","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/28691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=28691"}],"version-history":[{"count":1,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/28691\/revisions"}],"predecessor-version":[{"id":28692,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/28691\/revisions\/28692"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=28691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=28691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=28691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}