In this Majority Report clip, Sam Seder talks with Stephanie Kelton about how worried we should be about inflation.We need your help to keep providing free videos! Support the Majority Report's video content by going to http://www.Patreon.com/MajorityReport Watch the Majority Report live M–F at 12 p.m. EST at youtube.com/samseder or listen via daily podcast at http://Majority.FM Download our FREE app: http://majorityapp.com SUPPORT the show by becoming a member: http://jointhemajorityreport.com LIKE us on Facebook: http://facebook.com/MajorityReport FOLLOW us on Twitter: http://twitter.com/MajorityFM SUBSCRIBE to us on YouTube: http://youtube.com/SamSeder Read more here: https://www.thenation.com/article/the... "In early 2013, Congress entered a death struggle—or a debt struggle, if you will—over the future of the US economy. A spate of old tax cuts and spending programs were due to expire almost simultaneously, and Congress couldn’t agree on a budget, nor on how much the government could borrow to keep its engines running. Cue the predictable partisan chaos: House Republicans were staunchly opposed to raising the debt ceiling without corresponding cuts to spending, and Democrats, while plenty weary of running up debt, too, wouldn’t sign on to the Republicans’ proposed austerity.In the absence of political consensus, and with time running out, a curious solution bubbled up from the depths of the economic blogosphere. What if the Treasury minted a $1 trillion coin, deposited it in the government’s account at the Federal Reserve, and continued on with business as usual? The workaround was technically authorized by an obscure law that applies to commemorative platinum coins, and it didn’t require congressional approval, so the GOP couldn’t get in the way. What’s more, the cash would not be circulated, so it wouldn’t cause inflation."
Tags Majority report sam seder tyt network the young turks young turks tyt news politics socialism socialist feminism podcast our revolution progressive news Trump 2016 Trump Train Trump rally trump protester Trump amazing speech Trump Supporter donald trump trump trump news donald trump news stephanie kelton modern monetary theory mmt inflation monetary policy economics economy the fed federal reserve money currency
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promulgate propound publicize run off at mouth sound off spread around advertisement briefing broadcasting communication communiqué disclosure dissemination divulgence edict exposing exposition expression intimation notice notification prediction promulgation publication publishing recitation reporting revelation account analysis announcement Sam sam Seder tyt TYT [tyt] web chain system grid net nexus plexus wattle fabric complex maze fiber mesh artery weave grill hookup jungle netting wiring tracks disorganization mingle meet hobnob avoid divide admix alloy ally coalesce combine come together compound consolidate fuse hook up with incorporate integrate interface intermix join together meld merge network pool team up tie in tie up unite bureaucracy chain of command hierarchy setup structure band binding connection cord fastening fetter gunk handcuff irons ligature link linkage manacle rope shackle stickum tie tie-in wire affiliation affinity attachment connective friendship interrelationship liaison marriage obligation relationship restraint union gossamer labyrinth snare tissue toil webbing amalgamate associate bind blend bond bracket bunch up coadjute commingle conjoin cooperate couple dub get together glue oneself to hitch on hook on join league marry mix plug into put together relate slap on stand in with synthesize tack on tag on team up with throw in together tie up with unify wed apparatus cobweb Network Net-Work TheYoungTurks The Young Turks comic sudden tense affecting breathtaking climactic dramaturgic dramaturgical effective electrifying emotional expressive farcical histrionic impressive melodramatic powerful sensational spectacular startling striking suspenseful the histrionical The new raw crude modern punk infant green tender little junior recent boyish callow early fresh unripe vernal newish adult mature older old baby family brood litter issue babies parent girlish growing juvenile pubescent puerile teen teenage young youthful begats breed chicks clutch descendants flock hatch infants offspring posterity progeniture progeny scions seed beginning blossoming burgeoning bursting forth embryonic fledgling germinal germinating incipient maturing nascent opening potential promising pullulating shooting up sprouting vegetating guileless inexperienced jejune jellybean kid low tech naive not dry behind ears sophomore tenderfoot unbaked unfledged unsophisticated untrained untried adolescent babyish childlike foolish frivolous infantile infantine innocent kid stuff a bit previous aboriginal ancient antecedent antediluvian antiquated brand-new budding early bird initial original preceding premier prevenient previous primal prime primeval primitive primordial prior pristine proleptical undeveloped childish Young Turk turk turks turkey nations history geography sociology turkish balkans middle east ataturk altaic ural-altay turkic scrubs nbc show cheap janissary aoe asshole brave attack win comer activist diehard extremist fanatic fiend maniac militant nut radical ultra young Turk zealot Young Turk story word advice account report message data rumor hearsay telegram tidings dispatch telecast scandal leak telling copy cable recital scoop release bulletin exposé lowdown silence truth history admonition advisement advocacy aid bum steer caution charge consultation counsel directions dissuasion encouragement exhortation forewarning guidance help information injunction input instruction judgment lesson news opinion persuasion prescription proposal proposition recommendation steer suggestion teaching telltale tip tip-off two cents' worth view warning word to the wise advertisement briefing broadcast broadcasting communication communiqué disclosure dissemination divulgence edict exposing exposition expression intimation narration notice notification prediction promulgation publication publishing recitation reporting revelation statement announcement break calendar flash handout hot wire item list news flash program skinny the dope what's going down what's happening comment cry grapevine rumble scuttlebutt talk whisper conversation converse declaration directive excerpt goods hot story ideas info inside story intelligence language missive note pipeline poop prophecy précis publicity speech summary translation utterance work buzz intimate intelligence juicy morsel the lowdown dirt NEWS zoo polity jungle civics address artfulness craft delicacy delicatesse discretion expedience finesse negotiation poise politics savoir-faire skill statecraft subtlety Uncle Sam Washington authority bureaucracy command control direction domination dominion empire execution executive governance guidance influence jurisdiction law ministry patronage political practice power powers-that-be predominance presidency regency regime regimentation regulation restraint rule sovereignty state superintendence superiority supervision supremacy sway the feds union art of the possible government poli-sci political theory realpolitik statesmanship administration predominanc brownnose cajole fall all over gratify lay it on massage play the game play up to please politic satisfy snow soap soften up stroke suck up to diplomacy political science pander communism Maoism Leninism Bolshevism Fabianism Marxism collectivism rule of the proletariat socialism state ownership totalitarianism Socialism free orderly popular common equal just liberal left-wing leftist right radical comrade sympathizer red Marxist pinko Commie apparatchik Bolshevist Trotskyite Bolshevik Maoist Stalinist C.P. member Castroite Leninist Viet Cong com-symp fascist Socialist autonomous communal constitutional egalitarian friendly individualistic informal libertarian populist self-ruling progressive revolutionary communist Party member fellow traveler democratic left socialist sisterhood womanism women's lib equal rights feminism rights of women women's movement women's rights movement women's studies women's suffrage women's liberation Feminism podcast Podcast Ours our coup violence upheaval turmoil uprising revolt unrest mutiny strike shift cabal anarchy row plot crime outbreak reversal overturn tumult upset strife uproar debacle rising disorder foment shake-up turnover golpe calm peace order cycle wheel whirl gyre reel lap orbit round turn circle twirl swirl spin roll stagnation submission chaos confusion disorganization disregard hostility misrule mob rule nihilism nongovernment rebellion reign of terror revolution riot about-face addition adjustment advance break compression contraction conversion correction development difference distortion diversification diversity innovation metamorphosis modification modulation mutation novelty permutation reconstruction refinement remodeling revision surrogate switch tempering transformation transition transmutation variance variation variety vicissitude amphitheater aureole band belt bowl bracelet circlet circuit circumference circus cirque coil colure compass cordon corona 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eclipse finish outshine outstrip pass put the lid on surmount surpass top top it off transcend trump wrap up abash annoy baffle balk bother checkmate confound demoralize discompose disconcert discountenance disturb embarrass faze fluster foil irk outwit overcome perplex perturb prevent rattle ruffle take aback thwart unsettle upset vex worry worst alarum array ballyhoo demonstration display flourish hullabaloo panoply parade pomp shine show trumpet call bauble glass hardware jewel jewelry masterpiece nonpareil ornament paragon pearl pick prize rock sparkler stone apotheosis archetype beau ideal beauty champ champion crackerjack cream criterion cynosure epitome essence exemplar gem ideal love lovely model nonesuch original paradigm pattern peach perfection prototype quintessence standard sublimation tops ultimate cap go beyond go one better improve upon outdistance outgo outmatch outpace outperform outrank outrival outrun outstep outweigh override overshadow overstep put to shame rank tower tower above discomfit fanfare Trumps Trump 2016 trumptrain trump train Trump Train Trump train track line convoy set chain course file row scale court tail suite run string sequel trail wake tier thread column order individual educate develop study tutor qualify equip teach improve coach shape mold hone inure tame sharpen ground season update rear prime school harden drill guide dry run warm up wise up ignore learn forget focus head incline beam level slant point direct cast turn lay cock line up zero in take address angle aspire attempt concentrate contemplate covet design endeavor essay fix intend mean plan propose purpose set one's sights on sight steer strive target train try want wish zero in on zoom in breed cultivate discipline feed form foster nourish nurture provide for support band camel train campers cavalcade expedition procession safari troop aim bestow deposit diffuse distribute radiate scatter shed spatter spray spread sprinkle strew ask cross-examine examine grill inquire interrogate query quiz array march-past promenade review spectacle bring up caravan catechize Train trains Trump Rally meet remission weakening recovery revival renewal comeback restore arouse waken rouse reform revive charge whet convene urge fire wake kindle awaken muster gather refresh summon collect renew marshal surge bestir regroup damage calm ruin weaken hurt bore dull kill dampen divide halt stop lose enliven recover improve perk up pick up brace up shape up worsen agitate alert animate call challenge electrify fire up foment foster goad heat up incite inflame instigate move provoke rally send spark spur stimulate stir thrill turn on wake up warm whip up work up accumulate agglomerate amass bring together bunch bunch up call together capture come together convoke corral flock gang up group hang around hang out huddle lump make the scene meet up mobilize reunite round up scare up unite accumulation aggregation assemblage association band body clambake cluster coffee klatch collection company conclave confab conference convocation council crew crowd faction gathering get-together mass meeting multitude sit-in throng turnout activate awake excite fan pile out rise and shine roll out show a leg stir up turn out vivify ask assemble bid contact invite phone request ring up subpoena telephone banter deride fun jeer jolly josh kid mock rag razz rib scoff taunt tease assembly chaff Rally Rally's leeway utility wealth profit avail favor asset boon choice gain hold mastery aid help lead support comfort good return power break odds edge luck leg-up harm hurt injury last lack loss debt stop block waste outdo exceed excel defeat fail lose beat best better button down button up can clinch cob complete cover crest crown do to a T eclipse finish outshine outstrip pass put the lid on surmount surpass top top it off transcend trump wrap up abash annoy baffle balk bother checkmate confound demoralize discompose disconcert discountenance disturb embarrass faze fluster foil irk outwit overcome perplex perturb prevent rattle ruffle take aback thwart unsettle upset vex worry worst alarum array ballyhoo demonstration display flourish hullabaloo panoply parade pomp shine show trumpet call bauble glass hardware jewel jewelry masterpiece nonpareil ornament paragon pearl pick prize rock sparkler stone apotheosis archetype beau ideal beauty champ champion crackerjack cream criterion cynosure epitome essence exemplar gem ideal love lovely model nonesuch original paradigm pattern peach perfection prototype quintessence standard sublimation tops ultimate cap go beyond go one better improve upon outdistance outgo outmatch outpace outperform outrank outrival outrun outstep outweigh override overshadow overstep put to shame rank tower tower above discomfit fanfare Trumps Trump radical rebel heckler beat bohemian demonstrator dropout flower child hippie iconoclast maverick nonconformist peacenik protester agitator dissenter heretic misbeliever recusant schismatic schismatist sectary separatist guerrilla instigator malcontent rabble-rouser revolutionist troublemaker activist belligerent combatant fighter objector partisan rioter warrior beatnik different breed dissentient dissident eccentric fish out of water freak individualist liberal night person oddball offbeat original swinger weirdo picketer striker firebrand militant picket protesters Protester awesome stunning shocking bad poor amazing astounding bewildering breathtaking extraordinary impressive marvelous miraculous spectacular staggering startling striking stupefying stupendous wonderful wondrous astonishing awe-inspiring exciting hair-raising heart-stirring heart-stopping magnificent moving overwhelming spine-tingling thrilling bizarre boss curious exceptional fab fantastic flash gnarly heavy inconceivable incredible odd off beaten path out of the ordinary outstanding particular peculiar phenomenal rare remarkable singular special strange surprising terrific uncommon 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discourse Trump Supporter Trump supporters Trump-supporter trump supporters ally brace enemy adherent advocate angel apologist backbone backer benefactor champion cohort comforter confederate coworker defender disciple endorser espouser exponent expounder fan follower friend helper mainstay maintainer partisan patron pillar preserver prop proponent satellite second sponsor stalwart stay subscriber supporter sustainer tower of strength upholder well-wisher accessory accomplice co-conspirator cooperator partner in crime beau believer booster boyfriend buff bug cat devotee enthusiast fancier fiend freak girlfriend groupie hound junkie lover nut rooter suitor swain sweetheart wooer worshiper apostle attorney campaigner counsel lawyer pleader promoter proposer speaker spokesperson abettor adjutant aide-de-camp assistant attendant coadjutant coadjutor crew crewman deputy lieutenant adjunct aide appointee apprentice associate auxiliary backup collaborator colleague companion fellow worker flunky gofer help helpmate mate partner peon representative right-hand person secretary subordinate temp temporary worker support admirer aid Donald Trump Donald trump Donald donald stephanie Stephanie nice friendly careing loving smart sexy beautiful funny perfect lovable soul mate graceful hottie pretty lucky hot sorority girl sweet stunning love other half steph stephy stiff lol stepho stef steff steffo sophisticated bitch classy kelton Kelton current stylish novel present latest now recent fresh last word late modish prevalent today contempo neoteric with-it future old past passe chichi clean dap dapper dashing elegant exclusive faddish latest thing mod modern natty sharp smart swank trendy voguish accepted accustomed afoot circulating common knowledge customary cutting-edge doing existent extant fad fashionable general going around hot in circulation in progress in the mainstream in the news in use in vogue instant leading-edge on front burner ongoing popular present-day prevailing rampant regnant rife ruling state-of-the-art swinging topical up-to-date widespread avant-garde bohemian boss contemporary cool deep excellent fabulous fantastic groovy hip hippie modernistic neat nifty offbeat out in left field out of this world rad radical sensational strange super swell ultamodern unconventional unorthodox very unconventional way-out weird wild wonderful a go-go all the rage chic faddy favored fly genteel in style in-thing new newfangled rakish trendsetting up-to-the-minute upscale usual well-liked with it à la mode beginning brand-new comer crisp crude different gleaming glistening green hot off the press immature just out mint natural newborn original raw sparkling the latest this season's unprocessed unseasoned untouched unusual virginal what's happening young youthful advanced cutting edge innovative pioneering revolutionary visionary far-out futuristic Modern fiscal cash pocket across the counter bartering commissary economic exchange financial for 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collection conglomeration enlargement gob growth heap hoarding hunk increase inflation intensification mass multiplication pile quantity stack stock store trove upping enhancement gain improvement amplification beefing up development enrichment expansion extension fleshing out heightening increment magnification raise reinforcement strengthening swelling advance jump prosperousness push rush spurt upsurge upswing upturn bad times bankruptcy bear market big trouble bottom out bust crash crisis dislocation downturn drop failure hard times inactivity overproduction panic paralysis rainy days recession retrenchment sag slide slowness slump stagflation stagnation unemployment circumlocution delicacy floridness grandiloquence pomposity pretense purism accumulation appreciation depression euphemism monetary policy code theory scheme rule program plan action method polity custom course design line tenet order disorganization administering agency application authority charge command conduct conducting control directing direction dispensation disposition distribution enforcement execution governing government guidance handling jurisdiction legislation organization overseeing oversight performance policy power provision regulation running strategy superintendence supervision surveillance care carrying on channels intendance leadership management manipulation posture red tape regimen tactics transaction treatment wielding advancement chain consecution continuity development flow furtherance manner march movement procedure progression row sequel sequence series string succession system unfolding way attitude canon ceremony character convention conventionalism customariness dictates established way etiquette fashion folkways form formality inheritence matter of course mode mold mores observance observation pattern practice praxis precedent precept rite routine second nature style taste type unwritten law unwritten rule usage use vogue advantage advantageousness advisability appositeness aptness benefit convenience desirability effectiveness efficiency fitness helpfulness judiciousness meetness opportunism opportunity practicality pragmatism profitability profitableness properness propitiousness propriety prudence rightness suitability usefulness utilitarianism utility announcement notice platform proclamation promulgation public notice statement of belief administration expediency manifesto Policy business finance dealing dealings economics exchange industry marketing merchandising merchantry retailing trade traffic truck wholesaling accounts banking commerce financial affairs investment money money management Economics layoff cutback thrift care caution parcity increase raise addition spending neglect abstemiousness asceticism chasteness chastity continence determination economy prudence puritanism self-denial self-discipline sobriety stoicism strictness temperance baldness bareness dourness plainness primitiveness rusticism severity simplicity spareness spartanism starkness unadornment conciseness concision condensation crispness curtness ephemerality impermanence pithiness pointedness succinctness terseness transience transitoriness attention cherishing conservancy conserving control custody directing governing guardianship guarding keeping maintenance management managing preserval preserving protecting protection safeguarding safekeeping salvation saving stewardship storage supervising supervision sustentation upkeep decrease decrement downsize fall lessening lowering reduction abatement belt-tightening curtailment decline reversal austerity brevity conservation cut Economy power ministry union state rule politics law regime control empire guidance sway regency polity command dominion the feds anarchy chaos coup mutiny revolt Uncle Sam Washington authority bureaucracy direction domination execution executive governance influence jurisdiction patronage political practice powers-that-be predominance presidency regimentation regulation 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