The Deficit Myth: The Biggest Lie In Politics

The truth about inflation, money printing, taxes, fiat currency, and "the national debt." Debunking lies about what causes inflation and common misconceptions about government spending and "taxpayer money." Does the national debt actually matter? Do budget deficits matter? Can governments ever run out of money? Can governments print money forever? Does printing money lead to hyperinflation? What causes inflation? What is the point of Taxes? Do we really need taxes? How did the government pay for all of it's big spending stimulus packages? In this video, we use Modern Monetary Theory and real world facts to debunk deficit hawks and pro-austerity taking points.

Support 1Dime on Patreon: https://www.patreon.com/OneDime   

1Dime is an educational channel dedicated to countering one dimensional thought by analyzing socio-political issues through the lens of theory, history, pop culture, and political economy.

LOVE FILMS FOR ACTION?
We don't run on ads. We're run on community. Donating $5/month makes a difference. Subscribe here.
More by 1Dime
Communist Nostalgia Explained 20 min
Do Eastern Europeans actually want communism back? Polls show high nostalgia for the communist era, but is this the full picture? In this video, I break down whether the narrative that...
The Problem With Taxing The Rich from a Leftist Perspective 21 min
The myth of tax revenue and why taxing the rich is not the real solution to inequality.
Phantom Democracy and The Two-Party Simulation 21 min
Why People STILL Believe in US Democracy.
Politics Explore All
Solutions
Trending Videos Explore All
Trending Articles Explore All
Recent Documentaries Explore All
Video Deep Dives Explore All
What People Are Watching Now
Beyond Elections: Redefining Democracy and the Promise of a Million Utopias
Recently Added
Support independent media that amplifies real voices and movements. 



Subscribe for $5/month to become a patron and watch over 50 patron-exclusive documentaries.

Share this:

Share