Do you have questions about the massive amounts of money that our federal government is spending, printing, and borrowing? Does the federal government risk going broke? And what about the risk of inflation? In Episode 5 of the Podcast, CFP® Justin Dering discusses a newer understanding of deficits. This episode discusses economist Stephanie Kelton’s book called The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy.
Justin also sits down with monetary policy expert and economist, Art Rolnick, who discusses monetary policy and his contributions as the top research economist at the Minneapolis Federal Reserve Bank.