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  • Media
    • Macro N Cheese | MMT Podcast
    • The Rogue Scholar
    • The New Untouchables
    • Community Articles
    • New Economic Perspectives
    • Modern Money Primer
  • Focus Areas
    • Economic Justice
    • Environmental & Ecological Justice
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Steven D. Grumbine

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
The Truth About 'Printing Money'

The Truth About ‘Printing Money’

November 24, 2024December 26, 2017 by Steven D. Grumbine

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

Categories Economic Justice, Health & Wellbeing Tags Class War, Deficit, MMT, Taxation
Rage Against Austerity

Rage Against Austerity

October 27, 2024December 17, 2017 by Steven D. Grumbine

Voters are easily distracted and politicians gleeful of our short memories.

Categories Democracy Tags Austerity, Capitalism, Class War, Federal Job Guarantee, Student Debt, Universal Basic Services
How I Came to Learn MMT

How I Came to Learn MMT

October 27, 2024December 17, 2017 by Steven D. Grumbine

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

Categories Economic Justice Tags Austerity, MMT
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