Federal financial consultant and New York Times best-selling author Kevin Freeman says if you think Joe Biden is a disaster in front of the cameras, take a gander at Jared Bernstein, the administration’s chair of the Council of Economic Advisors.
Appearing on The Pete Santilli Show, Freeman points to a recent interview with Bernstein from the Finding the Money documentary, where he discusses modern monetary theory and attempts to explain the government’s propensity to print money.
Bernstein is asked, “So why does the government even borrow?” Stumbling and bumbling to get his thoughts together, Bernstein says, “Well, um, some of the language and concepts are just confusing. The government definitely prints money and it definitely lends that money by selling bonds. Is that what they do?”
Freeman, author of the recently-released “Pirate Money,” says Bernstein has been Biden’s top economic advisor for nearly four years and was under Vice-President Biden for eight years. “And in the clip he can’t explain it. You see the confusion on his face,” Freeman says. More with Freeman and Santilli, including a discussion of Trumponomics.
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Economizing and tagged
best-selling author,
economic advisor,
federal financial consultant,
government printing money,
Joe Biden,
Kevin Freeman,
Pirate Money,
selling bonds,
The New York Times,
The Pete Santilli Show,
Trumponomics |
