May 10, 2024
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Trish Regan and Rob Hordon of 76research comment on Jared Bernstein, who serves as Biden's Chair of the Council of Economic Advisers. In a recently aired video clip, Bernstein appeared to lack even a basic understanding of how our monetary system works. As it turns out, he has degrees in Music and Social Work, with no actual training as an economist. Trish and Rob also respond to the questions that so confused him about Modern Monetary Theory (MMT) and comment on the risks that MMT poses both to our economic health and personal liberties.
#inflation #federalreserve #hyperinflation #economics #monetarypolicy #monetarysystem #trishregan
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