Awkward moment Biden's economic adviser Jared Bernstein admits he can't explain ... trends now
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Jared Bernstein, the Chief Economist and Economic Policy Adviser to Joe Biden, has been featured in a clip in which he struggles to explain how money works.
Bernstein was being interviewed for an upcoming documentary about the economy entitled Finding The Money.
'We all use money, and yet the questions of what is money, and where does money come from remain elusive,' the film teases in a preview.
But it seems even Bernstein, who does not having a formal background in economics, found the question hard to answer.
'The US government can’t go bankrupt because we can print our own money,' Bernstein began, keeping his answer straightforward at first.
Jared Bernstein, Joe Biden's Chief Economist, faced difficulties explaining money's workings in a documentary or 'Finding The Money,' despite his role as Biden's Chief Economist