“Equally remarkable was how quickly Attorney General Pam Bondi acquiesced to his demand, even though four months ago the Justice Department formally declared that nothing in the Epstein files warranted further investigation.” www.nytimes.com/2025/11/14/u...
In one email he referenced Trump and “Mara logo”
What Tr*mp is trying to do in this country is beyond awful. But I go to bed every night full of love for my city and I wish I could convey to everyone scared and struggling right now how hard ordinary people are working to protect their neighbors and our democracy. America is full of good people.
~75%of Americans want the full Epstein files released, according to Oct Marist poll.
www.pbs.org/newshour/pol...
reading epstein's emails and it's clear how far down the drain the republican party has gone to protect trump.
sure, they protected him when he was impeached twice. and now, hoo boy.
A “different” Donald Trump? Is it also a different Mar-a-Lago?
1. Debt is just a number on a spreadsheet for currency issuing governments. This means that austerity policies are political not anything to do with having a ‘black hole in the finances’. Knowing that you can point it out to others - i.e., people who vote.
Yes, this is correct. And the reason is because our capitalist classes have decided that it is not sufficiently profitable, so they're not going to do it.
We must understand this reality. Capital *cannot* be relied upon to address the climate crisis.
1. I keep reading critics use the phrase 'MMTers believes that governments can just create more money' - I have to correct this. It's not a belief. For currency issuing government like the US and UK they literally can create infinite amounts of money. It's a fact not a belief.
He’s golfing with the Saudis in Florida while your retirement savings evaporates by the second.
Never before have we seen an American President ruin the economy on purpose.
As soon as Trump effectively started a global trade war on “liberation day” he went golfing.
We are basically watching a modern day Nero fiddle while Rome burns .
Seamless transition in one month from “we’re going to become so rich you’re not gonna know where to spend all that money”
to
“Losing money means nothing”
🐦
The image is a screenshot of a tweet from Brandon Bradford (@BrandonLBradfor ). The tweet reads: "Deporting Americans without due process then saying they no longer get due process because they aren’t in America means no one has rights, FYI. Nightmare scenario."
If you think this can’t happen, remember that of the 125,000 Japanese Americans who were interned during WWII for years without charge or trial, two-thirds were U.S. citizens. Including me.
National accounting:
The US is playing with fire, risking to find out the hard way that our real standard of living is massively dependent on net imports.
Man looking stressed standing in knee high water.
Currently, we pay for healthcare with a combo of government spending (printing dollars) and bank lending (medical debt).
Single payer just replaces bank lending with government spending.
And saves money by getting rid of two middlemen: Insurance co & banks.
So is deflationary
Alan Greenspan to Paul Ryan regarding Social Security “insolvency risk”:
Nothing prevents our government from creating as much money as it wants to and giving it to retirees.
The real question is whether we have enough real resources to care for our retirees:
youtu.be/DNCZHAQnfGU?...
Incredible history that has been part of MMT scholarship from the very beginning (esp with Randy Wray). Also present in the MMT documentary Finding the Money. MMT scholars learned a lot from Michael Hudson in the early years. The rich history of debt also showcased in David Graeber's master work.
Budapest today. People are demanding that PM Orban resign.
'The Deficit Myth' made it to the list of best Money books of all time!
"the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society."
Wholeheartedly agree!
As famed economist, Paul Samuelson, admitted in his old age:
The balanced budget myth is “necessary” to keep The Little People busy fighting amongst themselves over who gets a government printed dollar/pound in order to eat:
youtu.be/4_pasHodJ-8?...
The word “socialism” originally meant democratic worker ownership of their workplace. Lenin called his project state-capitalism, because he believed state-socialism has to come AFTER state-capitalism. What are your views on these terms & how do we get past the baggage of terms to be effective?
Celebrate MLK Day with the help of @mathewforstater.bsky.social.
#JobGuarantee
Still waiting for the day DOGE generates a slump in the US Treasury market
... so that every financial news outlet will write "Elon, a Bond villain" at the headline
Empathy
Modern Monetary Theory (MMT) in 67 Bullet Points tinyurl.com/32s6n8ja
If you are interested in learning about #MMT subscribe to my SubStack for regular educational articles.
#LearnMMT #MMT101
“Powell’s interest rate hikes, launched in March 2022, had no perceptible effect on growth or employment, hence no plausible role in bringing the inflation rate down. Monetary policy has become an empty set of rituals.” ~James Galbraith
www.ineteconomics.org/perspectives...
Hypothetical explanation for Fermi’s paradox…
Maybe misinformation and disinformation and bad actors always prevent advanced civilizations from dealing with the consequences of being an advanced civilization, and thus they wipe themselves out.
