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Austerity is Murder🌹
sdgrumbine
Our Federal Government doesn't need revenue. Taxes serve as a gas pedal or brake for an economy. They drive the need for currency. They stave off inflation and can be
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I had never heard of a man named Ferdinand Pecora before I had met the likes of the legendary William K Black who is the foremost expert in bank control
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To tax or not to tax... that is not the question.Thread 1/x The issue is not whether the rich should be taxed more... of course they should... for a host
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Once you understand the Deficit Myth & you stop trying to avoid #MMT You will see the selfishness that passes for prudent logic as the murderous ignorance it is... "bbut
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Did you know that one of the ways our government prevents massive recessions, or mitigates them is with automatic stabilizers?Thread 1/x #COVID19 Automatic Stabilizers are cash injections into the economy
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Why do you suppose so many who refuse to actually read MMT literature feel compelled to critique it? and why do they insist on waxing on about numeraires like the
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Some basics.The US Dollar is a tax credit.It is a unit of measure.You can't run out of inchesYou can't run out of numbersThe government can't run out of dollars... unless
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Economic ignorance has led to millions and millions of people thinking it is their hard earned tax dollar paying for "illegal immigrants" and a lack of a Federal Job Guarantee
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This nonstop belief by many that we can vote our way out of this mess... for Christ sake, look what these fuckers did to Bernie Sanders!!!! Look at how Joe
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