Top all-time · #7362
Stephanie Kelton
Personal blog · stephaniekelton.substack.comeconomicspolitics
Stephanie Kelton writes The Lens, a personal blog at stephaniekelton.substack.com about economics and politics. Since 2022, 11 different Hacker News readers have linked it 12 times, most often “Magical Monetary Thinking at the Fed Killed SVB”. It is still writing: the last post was on 2026-10-02, and you can follow it by feed.
Too few sampled comments (6) to say how often HN recommends it.?
Why HN links it
HN readers link Stephanie Kelton's Substack for explanations of Modern Monetary Theory, government deficits, inflation and the economy. Commenters point to it as a clear, accessible introduction to those topics.
Summarised by Claude from a sample of 6 HN comments that link here. Each comment is marked recommending, critical or neutral (citing without judging); how this works.
Economic analysis, research, and commentary using the lens of MMT.
Most-linked posts?
- Magical Monetary Thinking at the Fed Killed SVB3 people · 3 mentions · first linked 2023-03-18
What Hacker News says?
It all comes down to math: https://stephaniekelton.substack.com/p/how-to-cut-2-trillion...
Comment linking /p/how-to-cut-2-trillion-in-federal?triedRedirect=true
on “Setelinleikkaus: When Finns snipped their cash in half to curb inflation”Submitted The Impact of 25% Tariffs on Canadian GDP as a story · 51 points
HN discussionYou really ought to read Stephanie Kelton's very-accessible book, The Deficit Myth . What we call "money" is, at bottom, simply a set of widely-distributed tokens that we use in lieu of centralized bookkeeping. When you accept any kind of money, including gold , in return for goods given or services rendered, you're trusting that you can in turn use the money in the future to acquire goods or services yourself, in a…
Comment linking /p/its-oooooooooooooo-big?utm_medium=email&utm_campaign=cta
on “The NYT article on MMT is bad”Submitted Magical Monetary Thinking at the Fed Killed SVB as a story · 3 points
HN discussionI think we're at an impasse. There's nothing more to argue without actually quantifying it which is going to be extremely difficult at this point. This [1] cites some beginnings on that front but we'll see what comes of it. The experiment is being done with or without that information though; the central bankers are acting on your story, not mine, so the blood will tell. My bet is that it can't possibly be enough (b…
Comment linking /p/inflation
on “The Fiscal Theory of the Price Level and Inflation Episodes”Submitted Stephanie Kelton: Inflation as a story · 2 points
HN discussionI found this post about MMT nicely written, maybe others will enjoy reading it as well: https://stephaniekelton.substack.com/p/magical-thinking-mone...
Comment linking /p/magical-thinking-monetary-thinking
on “De-Dollarization Is Happening at a ‘Stunning’ Pace”Submitted Magical Monetary Thinking at the Fed Killed SVB as a story · 1 points
HN discussionI don't think you have a realistic understanding of "taxpayer money". You know the budget hasn't been balanced in years, right? Let's guesstimate that over the last 20 years, for each dollar taxed, the government has been spending 5 more. Those 5 dollars came from private investors and commercial banks. They gave USD money to Treasury, and received an IOU note from the Treasury. So: 1) The money is national debt, no…
Comment linking /p/how-do-you-solve-a-problem-like-inflation
on “FDIC Establishes Signature Bridge Bank, N.A., As Successor to Signature Bank”Submitted The Debt Ceiling Limit Is Destructive, Duplicative, and Dumb as a story · 1 points
HN discussionIf you want to make sense of the economy and economics generally read everything Stephanie Kelton writes. She has a good book called the deficit myth and a newsletter called The Lens https://stephaniekelton.substack.com/
Comment linking /
on “Ask HN: Do you think the economy makes sense?”Submitted We need to think harder about inflation (2021) as a story · 1 points
HN discussion
