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@MikeHansen85854 @beinlibertarian Women got liberated, HR appeared, so vaccines cause autism’ is not an argument. It’s misogyny glued to debunked medical nonsense. You’re not defending the West. You’re defending ignorance with a cowboy hat.

@InvestingDeep @beinlibertarian Oppression...🙄 yes, the West was worse off before we created HR departments and filled them with angry liberated women & outsourced our kids' education to the state. We now have Vax deaths and autism, so that's great. None of which would preclude tech advances.

Libertarian 101 End the Fed End the Wars End the Drug War End the Patriot Act End the FBI End corporatism End fake inflated money End the CIA End the IRS End censorship End unaccountable politicians End unaccountable Big Pharma End human trafficking End foreign aid

@MikeHansen85854 @beinlibertarian Which was what? Full of undocumented immigrants, slavery, recessions/ depression, greenback, child slavery, oppression of women, unvaccinated induced deaths and crippling prople, horse and buggy? Africa is so poor bc of over regulation?

@InvestingDeep @beinlibertarian A return to The Republic we were unable to keep.

@MikeHansen85854 @beinlibertarian And replace it woth what?

@InvestingDeep @beinlibertarian Let's start ending shit! And end starting shit, while we're at it.

@MikeHansen85854 @beinlibertarian Exactly and?

@beinlibertarian "Libertarians don't have any plans... they just want destruction." Well, yeah... and?

@DickBeeninya2 @beinlibertarian Nor will you. This is anti American propaganda dresses up as America first bullschitt.

@beinlibertarian Odd I didn't see end authoritarian executive overreach.

@rommsey @beinlibertarian And replace it with?

@beinlibertarian Hey fren You left out the most important one, “End the Income Tax”

@beinlibertarian @LPNational What replaces each one the day after you abolish it? How do you stop corruption without enforcement agencies? How do you collect taxes or fund courts, defense, and infrastructure with no IRS? How is Africa doing without these things?

@RealJamesWoods Trump is destroying America from within. Nothing he does or says is American values, culture etc..

Simple truth.

@litewhisperer What does a unit of currency represent?

Venezuela's Collapse A Graphic Novella Hyperinflation for Dummies - Part 1 mmtmichael.substack.com/p/venezuelas-c…

@151Call @MMT101DotORG What do you mean?

@InvestingDeep @MMT101DotORG The govt act of govt spending adds money to the economy and is how money is created.

"Governments do not deficit spend they just spend. At the end of the year we calculate whether there was a deficit or not." Economist L. Randall Wray

@Ricardo_Venator @MMT101DotORG I am still waiting for them to.ecplain what they are spending. Crickets

@MMT101DotORG That's it. MMT is just word playing.

@MMT101DotORG @GeneSohoForum What does a currency represent if you dont mind me asking?

@GeneSohoForum Deficits are a false flag for currency issuing governments: they need to get their eyes off of them and onto achieving real goals. Preferably goals designed to make people lives better.

@MMT101DotORG How can gov spend from nothing? 0-1=0 Why do deficits rise when tax revnues fall? Slapping numbers on ledgers don't create an asset. Ledgers only show where claims settled not what creates the asset. Malcolm needs some basic mathimatics education.

"Please stop posting crap about state pension & triple lock. Anyone talking about government finances as if they are like a household needs remedial therapy." Malcolm Reavell

@MMT101DotORG Absolutely no evidence of that to be true. As Sweden, Denmark, Australia etc.. have proven time and time again.

1. Austerity makes things worse Austerity destroys productive capacity and doesn’t even meet the goal of its advocates, which is to reduce deficits. Less economic activity means less tax income - meaning that the deficit is as likely to increase as to go down.

@RelearningEcon False separation. Gov’t “ability to pay” is not independent of productive capacity. Benefits are claims on real goods and services, not numbers in an account. If output can’t support the promises, “we can pay” just means inflate, borrow, or redistribute harder.

"Separate two of the most important issues regarding entitlements: the government’s financial ability to pay and our economy’s productive capacity to deliver promised real benefits." -Stephanie Kelton

@TheEconRebel @ProfSteveKeen We can just print more money like MMT says and it will be a "one time price adjustment" 🤦‍♂️ That was the cure Kealton offered during covid. 👇

If this energy crisis goes on longer we will eventually see a depression.

@RedMMT Milei is full of shit as much as MMT is.

Está estupidez solo la puede decir alguien que no entiende que la riqueza la crean unos y la redistribuyen las relaciones sociales. En el capitalismo la riqueza que crean los trabajadores se la apropian los capitalistas.

@RedMMT US Gov is a household thats why it must tax borrow before spending. That's why deficits and ond issuance rise when tax revnues fall. Eventually bond issuance will have to keep raising rates to attract investors while diluting the purchasing power of the poor. The MMT way.

El Fondo de Miseria Instantánea trata de asustarte comparando la deuda de los Estados con la de los hogares.

@MMTmacrotrader @ProfSteveKeen What happen to fiscal flows here? 🤭👌

Most of the hysteria over losses in private credit is due to a fundamental misunderstanding of endogenous money. However with the growth of bank lending to NDFIs its not an issue completely isolated outside the banks balance sheet. Private credit is not money creation in the way bank credit is. When banks originate a new loan, money is created as a loan/deposit pair. Where as PC is usually an intermediation of existing deposits. So losses in PC, while painful for the investor, do not necessarily have to impact the banking systems ability to create new money. And its this endogenous money creation that keeps new flows coming and validates existing claims. The real turning point remains fiscals flows, especially at the macro level. The losses in PC and any exposure they may have on balance sheets are quickly absorbed by the continued fiscal add.