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Once you realize that there is no government "deficit" nor is there a national "debt," it becomes virtually impossible to tolerate public discourse.
Stephanie Kelton@StephanieKelton
A thread (1/21) Let's talk about the "deficit" that isn't. The conventional way to talk about the government's fiscal position is to look at the difference between how much money the Government spends (G) and how much it collects via Taxation (T).
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