this post was submitted on 17 May 2024
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USpolitics

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  • Jared Bernstein, Joe Biden's Chief Economist, faced difficulties explaining money's workings in a documentary or 'Finding The Money,' despite his role.
  • He stumbled through concepts, highlighting the confusion around government money printing and borrowing
  • Bernstein, who is head of the US Council of Economic Advisers, is not formally trained in economics and appeared bewildered in the clip
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[–] SkybreakerEngineer 1 points 7 months ago (1 children)

Almost like most of modern economics is bullshit