June 25, 2022

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Here’s Where All That Stimulus Money is Coming From!!!

2 min read

Jesse talks about "where all this stimulus money is coming from." He explains the need to stop looking at the US government’s finances the way we do our own household finances. If we do, we would be liberated to transform our country and our planet & solve long-standing problems and empower thriving communities and individuals.

Thanks to Ryan Bell for help with this one. Go follow Ryan on Twitter: https://twitter.com/ryanjbell

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Sources:

• Stephanie Kelton, The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy – https://www.amazon.com/Deficit-Myth-Monetary-Peoples-Economy/dp/1541736184/ref=sr_1_1

• https://en.wikipedia.org/wiki/CARES_Act

• https://www.washingtonpost.com/us-policy/2021/02/05/house-biden-stimulus-harris-tiebreake

• https://www.npr.org/2020/03/26/821457551/whats-inside-the-senate-s-2-trillion-coronavirus-aid-package

• https://www.cnn.com/2020/12/20/politics/stimulus-latest-shutdown-deadline/index.html

• https://www.cnbc.com/2021/01/14/biden-stimulus-package-details-checks-unemployment-minimum-wage.html

• https://www.marketplace.org/2020/10/12/how-many-people-are-unemployed-right-now/

• https://www.businessinsider.com/millions-of-americans-are-behind-on-rent-risk-of-eviction-2020-12

• https://popculture.com/trending/news/barack-obama-2009-stimulus-package-explainer/#1

• https://www.currentaffairs.org/2020/11/interview-stephanie-kelton-talks-mmt-and-more

• https://www.mentalfloss.com/article/12715/why-did-us-abandon-gold-standard

• https://www.history.com/this-day-in-history/fdr-takes-united-states-off-gold-standard

• https://www.investopedia.com/ask/answers/111414/what-difference-between-inflation-and-deflation.asp

• https://www.marketwatch.com/story/confronting-the-inflation-boogeyman-2009-12-04

• https://markets.businessinsider.com/news/stocks/bernie-sanders-slammed-how-finance-pay-medicare-for-all-healthcare-2020-1-1028860817

• https://www.aamc.org/news-insights/54-million-people-america-face-food-insecurity-during-pandemic-it-could-have-dire-consequences-their

• https://www.pewresearch.org/fact-tank/2020/02/07/6-facts-about-economic-inequality-in-the-u-s/

• https://www.cnbc.com/2020/09/16/yelp-data-shows-60percent-of-business-closures-due-to-the-coronavirus-pandemic-are-now-permanent.html

• https://www.businessinsider.com/millions-of-americans-are-behind-on-rent-risk-of-eviction-2020-12

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