Keith Evans
2 min readMar 10, 2020

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As much threat as Bernie poses to the corporate-funded establishment Democrats, I believe they are as opposed to his economic advisor as they are Bernie himself. Dr. Stephanie Kelton has been a key part of Bernie’s economic agenda and has been his close ally since she served on the Senate Budget Committee in 2014. She represents a “post-Keynsian” brand of economic theory known as Modern Monetary Theory and shows very clearly how America is capable of much more than commonly presumed in public purpose spending.

While Bernie is smart enough to not make his campaign into an economics class, he fully understands how America “pays for” things at the federal level. (Hint: It isn’t with taxes or borrowing) He doesn’t propose anything that is beyond our nation’s potential or that might cause inflation, but he swings for the fences in every issue he champions. This makes it impossible to defeat him from the left, as Trump did Hillary in ’16. The trademark position of Democrats just before they rush to the center to govern to suit their donors is progressive, but Bernie actually intends to stay in the progressive lane.

A Sanders Presidency holds the potential to be as transformative of American economics as was FDR’s, Eisenhower’s, or Johnson’s. MMT is the most accurate definition of how modern societies create and use money that is available and will move us away from the outdated and simply wrong gold standard logic that has so badly constrained America. Dr. Kelton is a prolific advocate for MMT and many of her talks and lessons can be found with a simple search of YouTube for anyone who is curious.

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Keith Evans
Keith Evans

Written by Keith Evans

Meandering to a different drummer.

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