{"id":140,"date":"2020-04-17T11:10:16","date_gmt":"2020-04-17T15:10:16","guid":{"rendered":"https:\/\/tomolin.net\/wp\/blog\/the-ft-on-mmt\/"},"modified":"2022-07-12T09:17:02","modified_gmt":"2022-07-12T13:17:02","slug":"the-ft-on-mmt","status":"publish","type":"post","link":"https:\/\/tomolin.net\/wp\/the-ft-on-mmt\/","title":{"rendered":"The FT on MMT"},"content":{"rendered":"<p>For the Kansas City Chiefs, a 14-point deficit at half-time is a problem. But that means their opponent has a 14-point surplus. Is that a problem for them? Of course not.<\/p>\n<p>The &#8220;federal debt&#8221; is the private sector&#8217;s savings. Personally, I&#8217;m happy to have some of those savings. How about&nbsp;you?<\/p>\n<p>Read more in this <a href=\"https:\/\/www.ft.com\/content\/ea25934a-7b28-11ea-af44-daa3def9ae03\" target=\"_blank\" rel=\"noopener noreferrer\">Financial Times interview with Stephanie Kelton<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the Kansas City Chiefs, a 14-point deficit at half-time is a problem. But that means their opponent has a 14-point surplus. Is that a problem for them? Of course not. The &#8220;federal debt&#8221; is the private sector&#8217;s savings. Personally, I&#8217;m happy to have some of those savings. How about&nbsp;you? Read more in this Financial [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[23],"tags":[],"class_list":["post-140","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/tomolin.net\/wp\/wp-json\/wp\/v2\/posts\/140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tomolin.net\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tomolin.net\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tomolin.net\/wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tomolin.net\/wp\/wp-json\/wp\/v2\/comments?post=140"}],"version-history":[{"count":1,"href":"https:\/\/tomolin.net\/wp\/wp-json\/wp\/v2\/posts\/140\/revisions"}],"predecessor-version":[{"id":341,"href":"https:\/\/tomolin.net\/wp\/wp-json\/wp\/v2\/posts\/140\/revisions\/341"}],"wp:attachment":[{"href":"https:\/\/tomolin.net\/wp\/wp-json\/wp\/v2\/media?parent=140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tomolin.net\/wp\/wp-json\/wp\/v2\/categories?post=140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tomolin.net\/wp\/wp-json\/wp\/v2\/tags?post=140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}