Predicts a worse crash if key economic changes cannot be made, arguing that American consumer habits are at the heart of today's problems and recommends that the nation declare bankruptcy and rebuild broken systems from scratch.
"Any ambitious proposal - ranging from fixing crumbling infrastructure to Medicare for all or preventing the coming climate apocalypse - inevitably sparks questions: how can we afford it? How can we pay for it? Stephanie Kelton points out how misguided those questions really are by using the bold ideas of modern monetary theory (MMT), a fundamentally different approach to using our resources to maximize our potential as a society. We've been thinking...
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