{"id":25922,"date":"2024-05-03T13:38:24","date_gmt":"2024-05-03T13:38:24","guid":{"rendered":"https:\/\/www.duck9.com\/blog\/?p=25922"},"modified":"2024-05-03T09:38:39","modified_gmt":"2024-05-03T13:38:39","slug":"jared-bernstein-in-the-most-frightening-clip-youll-ever-watch-on-the-people-in-charge-of-the-us-economy","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/jared-bernstein-in-the-most-frightening-clip-youll-ever-watch-on-the-people-in-charge-of-the-us-economy\/","title":{"rendered":"Jared Bernstein in the most frightening clip you’ll ever watch on the people in charge of the US economy"},"content":{"rendered":"
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TLDR<\/div>\n
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Summarize it for you using two screenshots because \u201c<\/div>\n
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The US government can\u2019t go bankrupt because we print our own currency\u201d  Why does the government borrow in the currency it prints out of thin air?   <\/div>\n
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Even the Chairman of the Council of Economic Advisors can\u2019t explain it.\u201d<\/div>\n
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Arnaud Bertrand<\/a><\/b><\/td>\n<\/tr>\n
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This is absolutely priceless. And probably the most frightening clip you’ll ever watch on the people in charge of the US economy.<\/p>\n

Jared Bernstein is literally the Chair of the Council of Economic Advisers, the main agency advising Biden on economic policy
pic.twitter.com\/1b31FPFPCQ<\/span><\/a><\/td>\n<\/tr>\n

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Radar🚨<\/a><\/b><\/td>\n<\/tr>\n
\u2066\u202a@RadarHits\u202c\u2069<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n\"logo_twitter-1497383721365.png\"<\/td>\n<\/tr>\n
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WATCH‼️ \u201cThe US government can\u2019t go bankrupt because we print our own currency\u201d<\/p>\n

Why does the government borrow in the currency it prints out of thin air? <\/p>\n

Even the Chairman of the Council of Economic Advisors can\u2019t explain it.  <\/p>\n

🙈 🤡 🙉 pic.twitter.com\/7GnLZxh6mZ<\/a><\/td>\n<\/tr>\n

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FINDING THE MONEY Film<\/a><\/b><\/td>\n<\/tr>\n
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\u2018Since the fed govt is the issuer of the US dollar, why does it borrow dollars?\u201d
All credit to Bernstein for honestly grappling with this question which mainstream econ textbooks skip over.<\/p>\n

Including ‘what is the dollar and where does it come from?’<\/td>\n<\/tr>\n

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\u2018Since the fed govt is the issuer of the US dollar, why does it borrow dollars?\u201d<\/div>\n
All credit to Bernstein for honestly grappling with this question which mainstream econ textbooks skip over.<\/div>\n
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Including ‘what is the dollar and where does it come from?’<\/div>\n
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FINDING THE MONEY Film<\/a><\/b><\/td>\n<\/tr>\n
\u2066\u202a@FindingMoneyDoc\u202c\u2069<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n\"logo_twitter-1497383721365.png\"<\/td>\n<\/tr>\n
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Watch the trailer: youtu.be\/R47h_ux-nE8<\/a><\/p>\n

Also featuring \u2066\u202a@wbmosler\u202c\u2069<\/a>, \u2066\u202a@FadhelKaboub\u202c\u2069<\/a>, \u2066\u202a@mattybram\u202c\u2069<\/a>, \u2066\u202a@ProfYuille\u202c\u2069<\/a>, \u2066\u202a@RaulACarrillo\u202c\u2069<\/a>, \u2066\u202a@iamdelmancoates\u202c\u2069<\/a>, Randall Wray, and many more!<\/td>\n<\/tr>\n

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WordPress\u2019d<\/span><\/div>\n<\/div>\n

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Rune \u00d8stg\u00e5rd<\/a><\/b><\/td>\n<\/tr>\n
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Hey, “economic adviser to president Biden” schmuck:<\/p>\n

You just made a complete fool of yourself!<\/p>\n

x.com\/RnaudBertrand\/\u2026<\/a><\/td>\n<\/tr>\n

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WordPress\u2019d<\/span> from my personal iPhone, 650-283-8008<\/a>, number that Steve Jobs texted me on<\/span><\/div>\n

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https:\/\/www.YouTube.com\/watch?v=ejeIz4EhoJ0<\/span><\/font><\/div>\n

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TLDR Summarize it for you using two screenshots because \u201c The US government can\u2019t go bankrupt because we print our own currency\u201d  Why does the government borrow in the currency it prints out of thin air?    Even the Chairman of the Council of Economic Advisors can\u2019t explain it.\u201d     Arnaud Bertrand \u2066\u202a@RnaudBertrand\u202c\u2069 This […]<\/p>\n","protected":false},"author":1,"featured_media":25923,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-25922","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/25922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=25922"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/25922\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media\/25923"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=25922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=25922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=25922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}