Taxes Don’t Fund Federal Spending
Our federal government doesn’t need revenue. So why the chatter about how will the government get money to fund its operations?
Our federal government doesn’t need revenue. So why the chatter about how will the government get money to fund its operations?
There is no real entrĂ©e into the world of the elite, but you won’t know it until you arrive, exhausted, at the locked door, chased by all the angry working people who think you’ve found the key.
Have you recently discovered MMT or Modern Monetary Theory and want to learn more but aren’t sure where to start? Well, start at the beginning, of course!
From the definition of a dollar as a unit of measure all the way to what The Fed is and how public policy can be informed – Grumbine runs the gamut on MMT basics.
Quite frankly… you are not worth the effort. Come back to me when you are ready to talk in good faith.
Neoliberalism is a rogue military state and it became the orthodoxy through violence. Austerity-induced death. The antidote is MMT.
The lies were baked into the school system, newspapers, sitcoms, political debates even cartoons took the ideas of neoliberalism into the hearts and minds of our children…the people.
Not “believing in” the insights coming from the MMT lens is denying the institutional reality of how money is created and operationalized.
If government spending is just “printing money” then taxing is simply “unprinting money”. It’s a circuit.