Bob, we have known for 40 Years that TDE is a Lie
Solutions Please?
Please don't tell me the Economic Nightmare of the last 50 Years of Neoliberal Austerity for the 80% and Abundance for the 1% is the Solution
MMT is the Solution, you're an Economic Illiterate.
#PseudoEconomists #Reichisms #MMT
Robert, we have known for 40 Year that TD is a Lie
The U.S. Govt is not "Revenue Constrained"
The only restraint on a Sovereign Currency Govt with an attendant $29T Economy is "Are the real Goods & Services in the Economy available to Purchase with the Created Funds"
#PseudoEconomists #MMT #M$A
Robert, we have known for 40 Year that TD is a Lie
The U.S. Govt is not "Revenue Constrained"
The only restraint on a Sovereign Currency Govt with an attendant $29T Economy is "Are the real Goods & Services in the Economy available to Purchase with the Created Funds"
#PseudoEconomists #MMT
@mikamero.bsky.social Thanks for the follow; I gladly returned it and gave your pinned post a like and repost. I'd greatly appreciate a reciprocal repost. #Amwriting #FBR #Science #SecularSkeptic #MMT
@theangrycanuck.bsky.social Thanks for the follow; I gladly returned it and gave your latest post a like and repost. I'd greatly appreciate a reciprocal repost. #Amwriting #FBR #Science #SecularSkeptic #MMT
The question for Q2 isn't whether the trap exists. It does. The question is which flows break next. Stabilisation is just a flicker before continuation.
Stop reacting to the narrative and start acting on the structure. Read the dated log here:
buff.ly/QAdDsDm 10/10 #MMT
Economic Justice Starts with Monetary Reality: Debunking the Myth of "Taxpayer Money"
For decades, the Ruling Class has perpetuated one of the greatest economic deceptions of our time
The myth that Federal Govt spending is funded by Taxpayer Dollars
#MMT #Reichisms #NGZParty #PseudoEconomics
@cccalum.bsky.social Thanks for the follow; I gladly returned it and gave your latest post a like and repost. I'd greatly appreciate a reciprocal repost. #Amwriting #FBR #Science #SecularSkeptic #MMT
Thanks for the follow; I gladly returned it and gave this a like and repost. I'd greatly appreciate a reciprocal repost. #Amwriting #FBR #Science #SecularSkeptic #MMT
Thanks for the follow; I gladly returned it and gave this post of yours a like and repost. I'd greatly appreciate a reciprocal repost. #Amwriting #FBR #Science #SecularSkeptic #MMT
I hope @austerityismurder.bsky.social, together w/ Fadhel Kaboub & others, can help Clara get why #MMT is so important in analyzing how these systems work, how it describes #money not just in the US or under capitalism, and how it can strengthen (not detract from) her arguments & radicalize normies
Nobody "Pays for War"
Do You actually believe FDR defeated the Nazi's by Taxing an Economy just coming out of a Global Depression?
The Sleeping Giant was not Awoken by "The Great War" itself
The Sleeping Giant was Awakened by a Massive Influx of Gov't Spending to fund The War #MMT #PseudoEconomics
The U.S. Gov't creates its own Money, there is Money for anything Congress wants there to be Money for
It is not a problem of Scarcity of Money, it is a problem of the Distribution of Money
Starving the Poor is definitely Pure Cruelty, not Lack of Funds
Learn MMT like your Life Depends upon it. #MMT
The U.S. Gov't creates its own Money, there is Money for anything Congress wants there to be Money for
It is not a problem of Scarcity of Money, it is a problem of the Distribution of Money
Starving the Poor is definitely Pure Cruelty, not Lack of Funds
Learn MMT like your Life Depends upon it. #MMT
The U.S. Gov't owns your Tax Dollars
Do your Dollars say "Federal Reserve Note of CA" on them?
Do they say "This Note is Legal Tender for all Debts Public and Private in CA"?
Do these CA $$$s fund every Bank, Military Base and Port?
The U.S. Gov't could shut down CA overnight
#DumbLiberals #MMT
It is Illegal to Withhold Federal Tax Dollars from the U.S. Govt
2. It is Stupid to do so as Fed Taxes do not Fund Gov't Spending
3. It would be an act of Secession and as Such an Act of War against the U.S.
4. Every Nation on Earth Knows you do not want to go to War with Etas Unis #MMT
@catsrule0000.bsky.social Thanks for the follow; I gladly returned it and gave your latest post a like and repost. I'd greatly appreciate a reciprocal repost. #Amwriting #FBR #Science #SecularSkeptic #MMT
Amy, Households have Priorities
Sovereign Currency Govt's with $30T Economies can Buy whatever they want whenever they want.
Fed Taxes do not Fund Gov't Spending
Starving Children is a Policy Choice not Lack of Funds
Learn MMT like your Life Depends upon it because it does.
#MMT #PseudoEconomics
"Priorities" implies that there is a Scarcity of Money
It is not a problem of Scarcity of Money
It is a problem of the Distribution of Money
There is Money for Anything Congress Wants there to be Money For
Starving the Poor is definitely Pure Cruelty by both Parties not Lack of Funds
#Reichisms #MMT
"Priorities" implies that there is a Scarcity of Money
It is not a problem of Scarcity of Money
It is a problem of the Distribution of Money
There is Money for Anything Congress Wants there to be Money For
Starving the Poor is definitely Pure Cruelty by both Parties not Lack of Funds
#Reichisms #MMT
Nobody "Pays for War"
Do You actually believe FDR defeated the Nazi's by Taxing an Economy just coming out of a Global Depression?
The Sleeping Giant was not Awoken by "The Great War" itself
The Sleeping Giant was Awakened by a Massive Influx of Gov't Spending to fund The War #MMT #PseudoEconomics
The U.S. Gov't creates its own Money, there is Money for anything Congress wants there to be Money for
It is not a problem of Scarcity of Money, it is a problem of the Distribution of Money
Starving the Poor is definitely Pure Cruelty, not Lack of Funds
Learn MMT like your Life Depends upon it. #MMT
Any Money the U.S. Gov't creates for Interest on the Debt goes into the U.S. Economy, if you want the Interest on the U.S. National Debt Back, Tax it out of the Economy
The U.S. Gov't is not a Household, it creates its own Money on Demand, the Idea that it could be in "Debt" is Ridiculous #MMT
Taxes do not fund Gov't Spending Bernard!
Tax the Billionaires all you want
Until Congress enacts Laws for that Gov't Spending to Occur
Taxing the Billionaires accomplishes Little
Notice how they never Talk about the Laws that must Pass for Gov't Spending
Just "Tax the Billionaires"
#MMT
When describing a Sovereign Currency Gov't with a $29T Economy the words "Revenue" "Spend" & "Debt" are useless
They are Micro Econ Terms that apply to Households and Entities within the U.S. Economy
The U.S. Gov't is the U.S. Economy they are inextricably linked by the Dollar #MMT #PseudoEconomics
This is Not the Reason that Household Budgets aren't Like Gov't Budgets
The Reason is Gov'ts Create their own Money out of Thin Air
Control the Interest Rates through Bonds
The Money Supply through Taxes and can Create as much Money as they want
What Household can do all that? #MMT #PseudoEconomics
This is Not the Reason that Household Budgets aren't Like Gov't Budgets
The Reason is Gov'ts Create their own Money out of Thin Air
Control the Interest Rates through Bonds
The Money Supply through Taxes and can Create as much Money as they want
What Household can do all that? #MMT #PseudoEconomics
This is Not the Reason that Household Budgets aren't Like Gov't Budgets
The Reason is Gov'ts Create their own Money out of Thin Air
Control the Interest Rates through Bonds
The Money Supply through Taxes and can Create as much Money as they want
What Household can do all that? #MMT #PseudoEconomics
The U.S. Govt is not "Revenue Constrained"
The only restraint on a Sovereign Currency Govt with an attendant $29T Economy is "Are the real Goods & Services in the Economy available to Purchase with the Created Funds"
Learn MMT like your Life depends upon it, because it does
#PseudoEconomists #MMT