Varney: “I gotta go cause I’m out of time, and my head’s spinning!”
(Ikus bideoa twitterrean bertan)
2018 abu. 2
Typo: should be *bank* accounts But ¯\_(ツ)_/¯
Feeling my age watching this… 😉
The “old” was meant to suggest not last year, or yesterday. Twitter time. 😉
Always brilliant but also succinct, nonchalant and matter-of-fact. Mosler style: “C’mon, man, it’s simple, how come you don’t understand this stuff?”
Thank you. Hadn’t seen.
Here’s the full: http://video.foxbusiness.com/v/4250679/ Too good not to clip.
Spending Necessary for Economic Recovery
May. 07, 2011 – 6:16 – Center for Economic and Public Policy’s Warren Mosler argues further government spending is necessary to improve the economy.
He had a bunch of good appearances on RT as well years ago.
Here he speaks on his book 7 Deadly Economic Frauds which was my intro to MMT
What he is saying is that “None of it is real”. Just accountants laughing at us all. Hahaha
Poor Varney, cannot compute numbers being changed in accounts……..
Ping @craigthomler @wbmosler made megabucks betting on the lira when everybody else was betting against, because he correctly perceived that the currency *couldn’t* go into default (unless the government chose to).
(These are my role models; people who can and do identify when the conventional wisdom is wrong.)
Varney playing the “intellectual” card.
Jeez! Fox show this, but @BBCNews have never broadcast anything other than voodoo economics like “The debt has to be paid back”, “Taxpayers money”, “paid for by general taxation” hogwash. BBC going down the tubes!!! (& taking ordinary folk with them, as planned?)