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Steven D. Grumbine

Taxes Don't Fund Spending

Taxes Don’t Fund Federal Spending

November 24, 2024February 26, 2023 by Steven D. Grumbine

Our federal government doesn’t need revenue. So why the chatter about how will the government get money to fund its operations?

Categories Economic Justice Tags Deficit, MMT, Taxation
The Illusion of Upward Mobility

The Illusion of Upward Mobility

October 27, 2024November 15, 2022 by Steven D. Grumbine

There is no real entrée 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.

Categories Economic Justice, Equality with Justice, Health & Wellbeing Tags Class War
Where to Start Learning About MMT

Where to Start Learning About MMT

October 21, 2024March 22, 2022 by Steven D. Grumbine

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!

Categories Economic Justice Tags Banking, Federal Job Guarantee, MMT
Back To MMT Basics

Back to [MMT] Basics

November 24, 2024August 2, 2021 by Steven D. Grumbine

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.

Categories Economic Justice Tags Federal Job Guarantee, Federal Reserve, MMT, Taxation, UBI
A Hyperinflation Hyperventilator Cannot Be Reasoned With

A Hyperinflation Hyperventilator Cannot Be Reasoned With

November 24, 2024December 5, 2020 by Steven D. Grumbine

Quite frankly… you are not worth the effort. Come back to me when you are ready to talk in good faith.

Categories Economic Justice Tags Hyperinflation, MMT, Venezuela, Weimar, Zimbabwe
Neoliberalism at Work through the Universal Basic Income

Neoliberalism at Work through the Universal Basic Income

January 11, 2025September 17, 2019 by Steven D. Grumbine

This simplistic, incorrect, and devastatingly neoliberal plan of instituting a Universal Basic Income will be the final blow against the public purpose and General Welfare Clause as well as an effective coup for the rightwing to establish cash payment as opposed to the services millions desperately need.

Categories Economic Justice Tags Federal Job Guarantee, Neoliberalism, UBI
The Bernie Factor in Modern Monetary Theory

The Bernie Factor in Modern Monetary Theory

October 27, 2024July 12, 2019 by Steven D. Grumbine

Neoliberalism is a rogue military state and it became the orthodoxy through violence. Austerity-induced death. The antidote is MMT.

Categories Democracy Tags Deficit, MMT, Neoliberalism, Taxation
The 40 Year Slide

The 40 Year Slide

October 27, 2024November 30, 2018 by Steven D. Grumbine

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.

Categories Democracy, Economic Justice Tags Austerity, Inflation, MMT, Neoliberalism, Propaganda
Work Together to Understand and Build

Work Together to Understand and Build

November 24, 2024August 26, 2018 by Steven D. Grumbine

Don’t let narratives by others dissuade our shared purpose.

Categories Op Ed Tags Solidarity
End the FEDish: Redirecting Our Anger and Efforts to Save the World

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

October 27, 2024February 4, 2018 by 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.

Categories Economic Justice Tags Deficit, Federal Reserve, MMT, National Debt
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