Keith Evans
1 min readOct 31, 2019

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As threatening as Bernie is to the establishment elite, especially the “liberal” media that depends on the ad revenue from polluters, drug companies, and the MIC (Who among their viewers is buying tanks and bombers anyway?) to make basically clueless journalism majors wealthy, I can’t help but wonder how much of that animosity is due to his choice of Dr. Stephanie Kelton as his econ advisor.

While Bernie isn’t making it a centerpoint of his campaign, I’m quite sure those who make money from having money understand the implications of Dr. Kelton’s economics. She shows how to make the wealthy and their corporations irrelevant to spending on the public purpose by Congress. This is much scarier for them than threatening to tax away their ridiculous fortunes.

In orthodox economics, especially supply-side trickle-down, Congress is limited to what it can collect in taxes or borrow from the wealthy in its spending. Modern Monetary Theory shows this to be not only false but backward, as Congress holds the exclusive patent on the US dollar. If Bernie can demonstrate the validity of this in real-time it is game over for the wealthy in their domination of our economy. No longer needing to go to the wealthy or their media minions to get permission to spend is a game-changer for America.

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Keith Evans
Keith Evans

Written by Keith Evans

Meandering to a different drummer.

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