The Truth About “Printing Money”
The ruling class does not require every worker to understand banking operations. It only requires workers to believe that their suffering is financially unavoidable.
The ruling class does not require every worker to understand banking operations. It only requires workers to believe that their suffering is financially unavoidable.
Many people are hopeful at the prospect of a 3rd party in US politics, but without a shift from current neoliberal austerity policies and outdated gold standard thinking, there can be no real change.
Any time there is an MMT post, the comments are dominated by conspiracy theorists, haters of government, goldbugs, and victims of alien probings who are certain that MMT-ers are united in their effort to ramp up government until it consumes the entire economy.
Once we understand what taxes are “for”, we can start to think about what kinds of taxes make sense.
The monetary system provides the power to do good, and the power to do bad is the other side of the coin.
A government deficit will result if the nongovernment sector has a surplus—a perfectly sustainable balance.
If there’s no inflation danger, there is no point in taxing the rich before keystroking the poor.
Wherever this flag’s flown, We take care of our own. 🎵 Progressives need a new meme for money. This series is addressed to them.