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.
Neoliberalism is a rogue military state and it became the orthodoxy through violence. Austerity-induced death. The antidote is MMT.
This MMT tutorial provides short answers to several questions.
It’s just a way to give the establishment the tool it needs to stop progress.
If government spending is just “printing money” then taxing is simply “unprinting money”. It’s a circuit.
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.
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.