Why You and I Can't Spend More Than We Bring In, but the Government Can - and Probably Should

Dr. Stephanie Kelton of UMKC explains that much of our current jobs crisis stems from a fundamental misunderstanding about the relationship between the US and its currency. She runs the blog neweconomicperspectives.blogspot.com This lecture was given at Luther College in Decorah, IA on September 28th 2011.