This Is How The Government Prints Money | Steve Keen

Crypto: Blockworks

December 07, 2022

On today's edition of "Boiler Room," Alfonso Peccatiello is joined by Steve Keen Professor of economics and creator of the Minsky software.

Professor Keen joins the show to debunk the myth of government deficits by walking through the biggest misconceptions in the mechanics of money, government spending and private vs public sector deficits. To hear all this and more, you'll have to tune in!
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Referenced In The Show:

Building a New Economics: https://profstevekeen.substack.com/

Patreon: https://www.patreon.com/ProfSteveKeen
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Timestamps:
00:00 Introduction
01:03 The Process of Money Creation
06:52 The Fiscal Spending of 2020
12:02 The Mechanics of Bond Issuance
15::47 How Government Spending Actually Works
28:07 Final Thoughts
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Disclaimer: Nothing discussed on Boiler Room should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The views or opinions expressed in the broadcasts are solely those of the individuals involved and do not necessarily represent those of INK Research and Canadian Insider.

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