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  • Media
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    • New Economic Perspectives
    • Modern Money Primer
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Month: April 2021

Let's Play the Pay For Game

Let’s Play the Pay For Game

November 29, 2024April 30, 2021 by Stephanie Kelton

Admit that taxes don’t “pay for” anything and that all government spending is paid for in one way and one way only—the Federal Reserve credits the appropriate bank accounts.

Categories Economic Justice Tags Deficit, Federal Reserve, MMT, Taxation

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