Posted To Stephanie Kelton’s Substack Newsletter 02/19/2025

Jackie,

Because issuing treasuries/bonds plays into the national debt delusion, and it also creates a secure investment for the Banks and other institutions who purchase the vast majority of those bonds. As my home state senator Dick Durbin says regarding congress and the executive: “Finance owns the joint.” And strategically integrating the new monetary paradigm of Gifting into the economy is the only way the spell of the present monetary paradigm will be broken.

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