Let’s Play the Pay For Game
Admit that taxes don’t “pay for” anything and that all government spending is paid for in one way and one way only—the Federal Reserve credits the appropriate bank accounts.
Deficit
Longing for Genuine Global Solidarity
So join me in this struggle, it’s my final plea. I’ll die trying if I have to, for this better future is within reach, and it’s yearning to be set free.
The ABC Act, Platinum Coins, & Seigniorage
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
The Bernie Factor in Modern Monetary Theory
Neoliberalism is a rogue military state and it became the orthodoxy through violence. Austerity-induced death. The antidote is MMT.
An MMT Tutorial That Covers The Basics
This MMT tutorial provides short answers to several questions.
End the FEDish: Redirecting Our Anger and Efforts to Save the World
Not “believing in” the insights coming from the MMT lens is denying the institutional reality of how money is created and operationalized.
The Truth About ‘Printing Money’
If government spending is just “printing money” then taxing is simply “unprinting money”. It’s a circuit.
If You Can Deliberately Restrain Federal Spending, You Can Deliberately Expand It
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.