
The Deficit Myth — Modern Monetary Theory and the Architecture of “Affordability”
Welcome to Crisis in Perception, where we examine the systems shaping our world.
This episode explores The Deficit Myth by Stephanie Kelton as a systems-level analysis of how monetary sovereignty and fiscal narratives influence behavior, belief, and institutional outcomes.
By focusing on incentive architecture rather than personalities or events, the episode shows why these stories persist — and how they connect to larger economic structures, labor markets, inequality, and real-resource constraints.
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The skinny
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