Articles from Our Community

End the FEDish: Redirecting Our Anger and Efforts to Save the World

End the FEDish: Redirecting Our Anger and Efforts to Save the World

Steven D. Grumbine

Not “believing in” the insights coming from the MMT lens is denying the institutional reality of how money is created and operationalized.
The Truth About ‘Printing Money’

The Truth About ‘Printing Money’

Steven D. Grumbine

If government spending is just “printing money” then taxing is simply “unprinting money”. It’s a circuit.
Rage Against Austerity

Rage Against Austerity

Steven D. Grumbine

Voters are easily distracted and politicians gleeful of our short memories.
How I Came to Learn MMT

How I Came to Learn MMT

Steven D. Grumbine

The truth about how money actually works, and the road to the truth…
MMT is Reality

MMT is Reality

Steven D. Grumbine

Diagnosing economic problems without MMT as a guidepost is like a guy who stayed at a Holiday Inn pretending to be a doctor.
Federal Taxpayers Do Not Fund the Federal Government; The Federal Government Funds Federal Taxpayers

Federal Taxpayers Do Not Fund the Federal Government; The Federal Government Funds Federal Taxpayers

Ellis Winningham

Well that title is blunt, isn’t it? I like blunt. That’s why I chose it. As I always say, blunt cuts through bullshit. It’s my bet that it is sure to cause irritation for those persons who play immature games of semantics with the word ‘fund’. Good.
If You Can Deliberately Restrain Federal Spending, You Can Deliberately Expand It

If You Can Deliberately Restrain Federal Spending, You Can Deliberately Expand It

Ellis Winningham

The madness that is neoliberalism must stop. The people must forego their patience and reclaim their governments. They must redirect their government’s spending towards the public purpose and away from the demands of Wall Street.
The Operational Reason Why Federal Taxes are Not Revenue for the Federal Government

The Operational Reason Why Federal Taxes are Not Revenue for the Federal Government

Ellis Winningham

Since this is a major topic of interest for laypersons, I’m going to explain operationally why your dollars paid in federal taxes are not spent by the federal government on anything.
Don’t Confuse Progressivism With Libertarianism

Don’t Confuse Progressivism With Libertarianism

Steven D. Grumbine

The same invisible hand will take over, and all the things you hate about capitalism will reign supreme in your life. Libertarianism is the epitome of capitalism.
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