The Green New Deal Will Prevent Inflation
Not having a Green New Deal, however, could result in devastating cost-push (left finger) inflation.
Not having a Green New Deal, however, could result in devastating cost-push (left finger) inflation.
Quite frankly… you are not worth the effort. Come back to me when you are ready to talk in good faith.
“All federal taxes must meet the test of public policy and practical effect. The public purpose which is served should never be obscured in a tax program under the mask of raising revenue.”
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.
The Automatic BOOST to Communities (ABC) Act, introduced by Congresswoman Rashida Tlaib with the support of Congresswoman Jayapal as well as economist and lawyer, Professor Rohan Grey, is how … Read more
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.
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.
This MMT tutorial provides short answers to several questions.
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.