The current economic framework within which policy is developed seems incapable of addressing climate change. Even policymakers who acknowledge the magnitude of the problem are avoiding real solutions, not knowing how solutions can be funded.
It is conventional wisdom that printing more money causes inflation. The only problem is, it’s not true. That’s not how inflation works.
Let’s start telling the truth about Social Security. We are educators. So let’s educate people on the basic facts.
In this article, we dispute the mainstream view that the inflation of the Weimar Republic was caused by a proactive expansion of the stock of money by the German government acting in concert with the Reichsbank.
When poor countries fall prey to inflation, it’s not because they’re “too socialist.” The rising popularity of modern monetary theory (MMT) has inevitably brought misconceptions.
It’s just a way to give the establishment the tool it needs to stop progress.
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.
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.
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.
