“Taxes pay for government spending”. Unless, of course, your government creates its own money - and imprisons any entrepreneur that tries to counterfeit it … #LearnMMT

https://www.bbc.co.uk/reel/video/p08jbbry/why-we-need-to-debunk-the-deficit-myth-

#learnmmt

I liked this just criticism of #NYTimes mostly poor, biased reporting on the #DebtLimit

"In the midst of this political battle, with one party using unconstitutional methods and the threat of economic catastrophe to try to kick people off social programs, a responsible paper of record might want to avoid mindlessly promoting a key premise of the economic terrorists: that government debt is a serious problem that we should be very concerned about."

https://fair.org/home/nyt-fearmongers-debt-as-gop-holds-economy-hostage/
#mmt #LearnMMT

@npr
Deficit hysteria was the original gop scam, long before woke hysteria and critical race theory panic. It's quite disheartening to see libs buying into this mindset.

#LearnMMT

RT @MarkFabian21
@RealProgressUS @sdgrumbine Everyone needs to learn this! #LearnMMT

#LearnMMT

Exposing the myth.....#learnmmt !

At the end of Quarter 2 (Apr to June) 2022, The UK general government's gross debt was £2,436.7 billion.

On a day-to-day basis, how does this affect you?

Do you think this will ever get down to zero?

Who are we in debt to?

#LearnMMT

Modern Monetary Theory

Apply now for my course on "Modern Monetary Theory and European Macroeconomics" at
Maastricht U's Summer School (🇳🇱). July 31 - August 4, 2023. 2 ECTS. Language of instruction: English (🇬🇧🇪🇺) #Euro #MMT #LearnMMT

https://maastricht.dreamapply.com/courses/course/183-modern-monetary-theory-and-european-macroeconomics

RT @davstier@twitter.com

Ökonomischer Analphabetismus am Limit.

Statt die #Schuldenbremse zu streichen, um frei über Ausgaben entscheiden zu können, wird zu Sparplänen aufgerufen, die Verteilungskämpfe provozieren und die Lage weiter verschlechtern werden. #learnMMT https://twitter.com/DLF/status/1610224296147795972

🐦🔗: https://twitter.com/davstier/status/1610225098417397760

@BettinaStruff
“The Curious Case of “We Can’t Afford It” “
No massive amount of hand-wringing over these eye-watering sums. No attempt to pretend the transactions had be funded by tax payers, in advance, as is the case with every socially beneficial programme, ever.
The deficit myth is never trotted out when conservatives spot an opportunity to grift.
#LearnMMT #StephanieKelton #DeficitMyth

https://www.bbc.co.uk/reel/video/p08jbbry/why-we-need-to-debunk-the-deficit-myth-

Love this. Some posts have become evergreen since people are generally either unwilling to learn a bit about #Macroeconomics or so deeply propagandized that the truth looks like a conspiracy theory... #LearnMMT #EachOneTeachOne

@dcjohnson @kdund This is actually closer to what happens, accounting-wise, at the central bank than you think. #learnmmt

Stephanie Kelton’s lecture on using money for the public good. Never be stymied by. “How do we pay for it?” again!

https://youtu.be/6IBEoWSiTHc

#ProgressivePolitics #LearnMMT
#MMT #DeficitMyth

It doesn’t have to be this way. #LearnMMT

@olimould It doesn’t have to be this way. #LearnMMT

No one can force new information into your brain except you. You can do it passively, though, simply by saying ‘Hmm, what is #MMT talking about?’ and watching this video.

#LearnMMT

https://www.youtube.com/watch?v=bHQCjFebIf8

First they drink the kool-aid
Then they promise a New Paradigm
Then some suckers vote it in
Then a smoking crater
Then they’ll blame runaway free markets

Then they try again.

#TANSTAAFL
---
RT @citizensmediatv@twitter.com
First they ignore you.
Then they laugh at you.
Then they fight you.
Then they compare you to a unicorn pooping.
Then you win.

#LearnMMT

(Hat tip, @videotroph) https://www.zerohedge.com/news/2019-01-21/distur…
https://twitter.com/citizensmediatv/status/1087839996445368321