Proxy war
Proxy war – a war instigated by a major power that does not itself participate
Ordezko gerlaz:
Oraingoa:
Errusia versus (Ukraina, AEB, EB, NATO)
Laster ikusiko duguna:
Txina versus (Taiwan, AEB, EB?, NATO)
Gerla horien atzean dagoena: sistema multipolarra versus sistema unipolarra1
BRICS
Learn #MMT
Warren Mosler
(http://www.collectedworksofwarrenmosler.com/)
Sarrera:
The #WagnerPMC “coup” in #Russia was #fakenews! Watch our report!
youtube.com
The Russian “Coup” Was FAKE NEWS
On this edition of Maverick News, we analyze the various and sundry fake news stories that the Western
Bideoa, hemen: https://youtu.be/ieuJpHOM5FE
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Why would Vladimir Putin ever rely on that what Western leaders promise? They never took him seriously from the start.
Angela Merkel has admitted she was only buying time to rearm the Ukrainian army.
(Zelensky laughing at the signing of the Minsk Accords in Paris,2019)
Bideoa, hemen: https://twitter.com/i/status/1679902545215467523
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youtube.com
SCOTT RITTER JOINS ON UKRAINE’S FUTURE | Geopolitics Live
#china #scottritter #ukraineJoin us for a riveting live stream live stream event hosted by Alex, a renowned personality from Reporterfy Media. In t
Bideoa, hemen: https://youtu.be/IwWDFEzBupY
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Freedom of the press in Western countries means the right to repeat NATO narratives ad nauseam, even when they have been proven wrong.
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Freedom of the media in the collective West includes the freedom to ignore every critical voice about NATO and never ask a critical question at NATO press conferences.
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The NATO summit in Vilnius did not give Zelinski what he wanted — NATO membership or a promise thereof. Instead, the G7 pledged long-term security guarantees, which could have been part of the security architecture proposed by Lavrov in December 2021 and which NATO rejected.
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Do the British people understand their establishment is pushing them to a direct military confrontation with Russia?
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US Chief of Staff: “We must quickly hand over weapons to Taiwan.”
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youtube.com
Scott Ritter talks about Sweden’s entry into Nato
Scott Ritter talks about Sweden’s entry into Nato#scottritter #nato
Bideoa, hemen: https://youtu.be/wUrHR2w82rw
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We would be happy if Putin did not attend the BRICS summit in person – Vice President of South Africa.
“Russia rejected the request of South African President Cyril Ramaphosa that the Russian delegation at the BRICS summit in August be headed by Sergey Lavrov instead of Vladimir Putin,” Paul Mashatile said.
According to him, South Africa understands that it is bound by the Rome Statute of the ICC, however, does not want to allow the arrest of any of the Russian high-ranking officials. Press Secretary of the President of the Russian Federation Peskov noted that the format of Putin’s participation in the summit is still being discussed.
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Absolutely hilarious how angry and confused establishment liberals are than an actual, life-long, committed left-wing scholar would vehemently oppose the CIA/NATO proxy war in Ukraine.
They barely exist in the US and are so rarely heard from that liberals can’t comprehend it:
Txioa aipatu
Aaron Rupar@atrupar
19 h
Cornel West on CNN says NATO “provoked” Russia’s invasion of Ukraine, calls for “concessions of territory” to stop the war, and says the US “bears significant responsibility.” But he adds that he’s not “pro Putin,” so there’s that.
Bideoa, hemen: https://twitter.com/i/status/1679664290977005568
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When the war in Ukraine is finally over, with half the country dead or maimed, Volodymyr Zelensky will end up living in LA with billions in the bank and a TV talk show……
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China warned the West against trying to create an analogue of NATO in Asia “We have not forgotten NATO’s bloody debt to China for the bombing of our embassy in Yugoslavia,” Chinese Foreign Ministry spokeswoman Hua Chunying said. The Asia-Pacific countries oppose the military machine, especially the “Asia-Pacific version of NATO”, fomenting bloc confrontation or a new cold war, Hua Chunying wrote on Twitter. Earlier, Russian Foreign Minister Sergei Lavrov noted that the United States and NATO are trying to master the Asia-Pacific region.
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George Galloway@georgegalloway
My greatest TV victory #Lebanon #Israel #SkyNews #AnnaBotting
Bideoa, hemen: https://twitter.com/i/status/1679207404364263436
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Revolutionary Blackout Network@SocialistMMA
My segment on Glenn Greenwald’s show
Txioa aipatu
System Update@SystemUpdate_
18 h
WATCH: AOC’s full-throated endorsement of Joe Biden—with few caveats & no progressive demands—proves that her transformation from radical dissident to establishment shill is complete.
@GGreenwald and @SocialistMMA discuss this profound betrayal
Bideoa, hemen: https://twitter.com/i/status/1679861911595151360
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19 h
Chinese: Russia is capable of destroying NATO and wiping the US off the face of the earth In a communiqué adopted at the end of the Vilnius summit, NATO accused China of helping Russia in Ukraine, Guancha reports. The alliance received a harsh response from the Chinese Foreign Ministry, which recalled NATO Yugoslavia, Afghanistan, Iraq and Libya. Chinese Foreign Ministry spokeswoman Hua Chunying warned the West against trying to create an analogue of NATO in Asia. It sounded menacing. “We have not forgotten NATO’s bloody debt to China for the bombing of our embassy in Yugoslavia. The countries of the Asia-Pacific region are against the military machine, especially the “Asia-Pacific version of NATO”, which ignites bloc confrontation or a new cold war,” she wrote on Twitter. https://t.me/vicktop55/16065
Chinese: Russia is capable of destroying NATO and wiping the US off the face of the earth
In a communiqué adopted at the end of the Vilnius summit, NATO accused China of helping Russia in Ukraine, Guancha reports. The alliance received a harsh response from the Chinese Foreign Ministry, which recalled NATO Yugoslavia, Afghanistan, Iraq and Libya. Chinese Foreign Ministry spokeswoman Hua Chunying warned the West against trying to create an analogue of NATO in Asia. It sounded menacing.
“We have not forgotten NATO’s bloody debt to China for the bombing of our embassy in Yugoslavia. The countries of the Asia-Pacific region are against the military machine, especially the “Asia-Pacific version of NATO”, which ignites bloc confrontation or a new cold war,” she wrote on Twitter.
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Jackson Hinkle @jacksonhinklle
Tucker Carlson asks Pence why he is more concerned with supplying Ukraine with tanks than the wellbeing of American cities…
Pence’s response? “American cities aren’t my concern.”
Bideoa, hemen: https://twitter.com/i/status/1679913626172260355
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Dimitri Lascaris@dimitrilascaris
Amazingly, the NY Times just published an op-ed that uttered some harsh truths about NATO. NATO, like the mafia, is a protection racket, and the godfather in this crime syndicate is the U.S. military industrial complex.
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Lol Stepan Bandera was an actual Nazi and here’s the “Kyiv Independent” defending him. Kind of says all you need to know on Ukraine’s “democracy”… Btw if even Bloomberg says you shouldn’t be promoting this guy, you’ve certainly lost the plot.
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Biden & the US blew up the Nord Stream pipeline, but German Chancellor Scholz calls them “Friends and Partners”? Is there any more cucked nation on the planet than Germany? What an embarrassment.
Txioa aipatu
Bundeskanzler Olaf Scholz@Bundeskanzler
uzt. 12
Friends and Partners.
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Jackson Hinkle @jacksonhinklle
Tucker Carlson asks neocon Nikki Haley: “who blew up the Nord Stream Pipeline?” She is speechless…
Bideoa, hemen: https://twitter.com/i/status/1679951825724661764
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One-third of children in India are malnourished and stunted, but Modi is donating Macron billions of dollars for navy fighter jets and submarines when there’s no ocean-based threat. Democracy hijacked.
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Did Biden Just Inadvertently Unveil the Path to Peace in Ukraine? – Egypt Independent
egyptindependent.com
Did Biden Just Inadvertently Unveil the Path to Peace in Ukraine? – Egypt Independent
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Asia: 70% of global growth this year, with China alone being half of that. Europe: 7%. Europe’s response? Let’s “de-risk” from China. Obvious the “risk” here is actually cutting yourself economically from the region that delivers the immense majority of the world’s growth.
The 26 French fighter jets that Modi is buying are for India’s navy. They are not to DEFEND India’s mountains from China. They are OFFENSIVE weapons to be deployed in South China Sea. But with so much money for the rich & hysteria for the masses, who has time for analysis?
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CHÁVEZ (2009): “I think Putin and Medvedev will leave a great legacy not only for Russia, but for the whole world… The US wants to own the whole world, but the Yankee empire is falling. It is bound to fall, its possession of the world will end. It will happen in the coming years, decades.”
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pocalypsis
pocalypseos
?@apocalypseos
“There is a new world emerging that features Russia, China, and other nations in the south that previously were sort of treated as second-class citizens by this US-dominated world order. We are witnessing the emergence of a new international order.” — Larry Johnson
Bideoa, hemen: https://twitter.com/i/status/1679956009035665408
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Thomas Hon Wing Polin@thonwingp
China’s retaliatory ban on gallium and germanium exports to the US may be starting to have its desired effects.
The CEOs of Intel and Qualcomm, plus other chips companies, are taking their casesto Washington and discussing relevant issues. Intel chief Gelsinger has just finished his second trip, a “low-key” affair, to Beijing in three months.
“Citing two sources familiar with the matter, US media reported that possible topics of discussion are likely to be the export rules the US may impose affecting high-performance computing chips and shipments to Huawei Technologies.
“Intel is preparing a new artificial intelligence chip that could reportedly be shipped to China while Qualcomm has a license to sell semiconductors to Huawei.” https://sputnikglobe.com/20230715/repor
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2,600 Chinese scientists got the hell out of the US in 2021. The exodus has been accelerating since 2018 — thanks to the witch hunt started under Trump. This is a huge brain drain for the US, which is going to rue their racist policy some day.
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What the media hides.@narrative_hole
Wives and mothers of “missing” Ukrainian soldiers make a demonstration in Kiev
Bideoa, hemen: https://twitter.com/i/status/1679972406553907203
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#China‘s Wang Yi told #NATO to stay out of East Asia at the recent East Asia Summit of Foreign Ministers. #NewZealand‘s
seemed to agree. Wang called on representatives there to “earnestly support ASEAN in a central role, and build solid foundations for peace.”
#NewZealand‘s Foreign Minister @NanaiaMahuta was there, and she seemed to endorse that message, at least indirectly, tweeting about NZ’s “firm views on regional security issues and commitment to uphold an open, inclusive, stable and prosperous Indo-Pacific, with #ASEAN at its heart.”
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Press release on the results of the NATO summit in Vilnius, July 11-12, 2023 https://mid.ru/en/foreign_policy/news/1896645/
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This should serve as the basis for an International Criminal Court indictment of Lindsey Graham for the murder of 350,000 Ukrainians. Of course, the ICC would have to be genuinely interested in pursuing actual war criminals first.
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RFKJr is absolutely correct—Biden is stumbling towards a war that could be the end of humanity.
Txioa aipatu
Robert F. Kennedy Jr@RobertKennedyJr
uzt. 14
President Biden just called up 3,000 reservists to augment U.S. troops in Europe as part of “Operation Atlantic Resolve.” I want people to understand what this troop mobilization is about. It’s about preparing for a ground war with Russia. https://defense.gov/News/News-Stor
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Declassified UK@declassifiedUK
Declassified files from 1998, when the UK & US bombed Iraq, show Tony Blair was consistently informed military action was unlawful without UN authorisation. But he told parliament Britain had “the proper legal authority”. ICYMI
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Lafontaine: Europe must get out of the system of American wars, and Germany must return to good relations with Russia
FORMER GERMAN MINISTER OF FINANCE CONVINCED: BREAKING UP WITH RUSSIA WAS BERLIN’S FATAL MISTAKE
The United States of America has been preparing for war over Ukraine for decades. American foreign policy thinkers, such as Kissinger or Brzezinski, have long indicated that when Ukraine comes under American influence, Russia will no longer be a world power. Ukraine is practically only a battlefield, and in Ukraine the USA is at war against Russia in order to undermine its status on the world market.
It can be said that the participation of American asset management companies in the German industry is currently so developed that we no longer have the strength to oppose them. Even Scholz, like a wet mouse, stood next to Biden while the latter said that the Nord Stream – that important artery of Germany’s energy supply – should be destroyed
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Try and LEARN #MMT!
Txioa aipatu
The Sirius Report@thesiriusreport
19 h
If China announced tomorrow it was backing the Yuan with gold the dollar would instantly be toast. China has more than enough gold reserves and as ever it can reprice gold to whatever it likes. Anyone quoting timelines doesn’t understand we are in event driven scenarios now.
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As NATO looks for answers to the Ukraine conflict, Poland seeks the nuclear option — RT World News https://rt.com/news/579713-nato-poland-nuclear-option/
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Remember when Zelenskiy was talking about our folks who will die fighting with Russia?? It is no looking more like a joke!
Txioa aipatu
The Babylon Bee@TheBabylonBee
uzt. 14
Zelensky Activates 3,000 U.S. Military Reservists https://buff.ly/44r4MeV
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The Telegraph headline: “America would be destroyed in a fully hypersonic war, despite the US Army Patriot air defense systems”
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Second after the coup Ukrainian president Petro Poroshenko also known as “Porky”, lier, swindler and traitor of his nation. His pro-war rhetoric during presidential election of 2014 lose to Zelenskiy who was advocating for peace at that time. But real masters of that puppets is… Reply with photo!
Txioa aipatu
Aaron Maté@aaronjmate
uzt. 15
Zelensky and proxy war apologists insist that Ukraine could not have implemented the Minsk accords, claiming they were a surrender to Moscow. Here’s the Ukrainian president who signed Minsk admitting that’s a lie, and that Kiev used Minsk to prepare for war as a NATO-armed proxy: twitter.com/ivan_8848/stat
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Revolutionary Blackout Network@SocialistMMA
Last June was the hottest month on record Meanwhile Bernie Sanders and AOC is still endorsing Joe Biden despite his horrible climate record
Bideoa, hemen: https://twitter.com/i/status/1679954454261510149
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“After Suffering Heavy Losses, Ukrainians Paused to Rethink Strategy” – The
@nytimes says this morning.
They start by admitting that, “Early in the counteroffensive, Ukraine lost as much as 20 percent of its weapons and armor.” which by itself is big, coming from them, & then go softer stating that the losses, which they called “Startling”, have “dropped to about 10 percent in the ensuing weeks”, considering that, an improvement.
“SOME OF THE IMPROVEMENT” they said, “came because Ukraine changed tactics, focusing more on wearing down the Russian forces with artillery and long-range missiles”. But further through the article, they admit that “The losses have also slowed because the counteroffensive itself has slowed — and even halted in places”, due to the Ukrainian struggling against the “Russia’s FORMIDABLE defenses”.
But of course, this is still the @nytimes, that also has the task of keeping hopes up, support on and the MIC money laundering machine running, so they quote Camille Grand (ex-NATO asst. Secretary) as saying “It does not mean that it is doomed to fail”, and goes on with some witnesses and analysts, that of course were all meant to keep some light in the middle of that grim situation.
Bottom line is, the offensive is going bad, Ukrainians are losing a lot, but all is not lost, let’s ramp up the support and keep the Military Industrial Complex business up and running, regardless of how many more die in the process…
https://nytimes.com/2023/07/15/us/
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The Kremlin reported that Putin had a phone conversation with the President of South Africa.
Here’s what they discussed:
The consideration of the African peace initiative regarding Ukraine will continue in connection with the “Russia-Africa” summit at the end of July.
The President of South Africa expressed gratitude to Putin for a constructive conversation regarding possible ways to resolve the situation surrounding Ukraine during his visit to St. Petersburg.
They agreed to hold a separate meeting at the summit to exchange views on bilateral and international agendas.
Putin informed the President of South Africa that the commitments to eliminate obstacles for the export of Russian food and fertilizers have not been fulfilled. The main goal of the grain deal, namely supplying grain to countries in need, including those in the African continent, has not been achieved.
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Chinese scientists have made a breakthrough in superconductivity. The discovery will allow superconductors to operate at higher temperature. The paper was published in “Nature” journal. Of course, all the American scientists will be like, “Fake news! We know China can only copy!”
https://nature.com/articles/s4158
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Utterly bizarre NYT article documents in staggering detail the scale of the materiel and vehicle losses suffered by Ukraine so far in the counteroffensive, without once mentioning human casualties
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Biden’s decision to send cluster bombs to Ukraine shows they don’t care about the Ukrainian people; these munitions will lead to Ukrainian casualties caused by undetonated bomblets for decades to come. This is the same cold, calculating, callousness we saw in Madeleine Albright when she said the price of 500k dead Iraqi kids from US sanctions “was worth it.”
Bideoa, hemen: https://twitter.com/i/status/1680173958568755200
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looks like the USA didn’t make the top 40
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Zentsura Euskal Herrian:
Zentsuraren aurka, kazetaritzaren independentziaren bermea
Zinismoaren eta zentsuraren kontra, mozorroak kendu behar dira!
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Who really started the war in Ukraine? April 2014 Victoria Nuland: “US has invested some $5 billion in Ukraine, since 1991… That money has been spent on supporting the aspirations of the Ukrainian people to have a strong, democratic government that represents their interests.”
Bideoa, hemen: https://twitter.com/i/status/1680323675910725633
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Nobody is pushing this war more than Nuland
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With the US Empire denying Ukraine’s bid for NATO membership and possibly preparing to wind down the war in Europe (link below), eyes are turning to the Asian front.
NATO is mumbling about opening shop near China and US militarists are plotting action on Taiwan. Top general Milley says Washington needs to speed up weapons delivery to Taiwan.
“The speed at which we, the United States, or other countries assist Taiwan in improving (their) defensive capabilities, I think that probably needs to be accelerated in the years to come,” he said.
Meanwhile, the US and Japan are firming up their plans in case war breaks out. From IntelRepublic, Telegram:
“Washington is pushing Tokyo to consider ‘hunting for Chinese submarines’ around Taiwan while the first American response would come from US bases close to China like the one with 54,000 troops in Japan.
“Uncle Sam wants clarity from Japan on how Japanese will support Americans in event of conflict in Taiwan as Japan says it’s ready to provide fuel and other supplies to US military. “
Imagine getting nuked by US in WW2 and then get ordered to fight America’s wars.” https://twitter.com/thonwingp/stat
My interview with a Ukrainian journalist.
rutube.ru
Другая Правда с Наталией Хорошевской. Скотт Риттер_Спецвыпуск
Скотт Риттер: «Более трехсот тысяч украинцев уже погибли в бою, но на Западе всем наплевать» «Я хоч
(English translator also) <—
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Was the CIA Involved in Wagner Group Revolt? Listen to my interview with
podcast: https://youtu.be/qrT04FtA1GU via
Was the CIA Involved in Wagner Group Revolt?
US intelligence agencies learned weeks ago that the #WagnerGroup was planning an insurrection, according to a new report.Multiple US officials told The Washi…
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RFK Jr. doesn’t know Putin: Scott Ritter https://youtu.be/owr1wDBbceQ Honen bidez:
youtube.com
RFK Jr. doesn’t know Putin : Scott Ritter
RFK Jr. Scott Ritter Douglas Macgregor The Duran #scottritter #ukraine Remember, knowledge is power.
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The Left is Wrong On Debt and Deficits https://youtu.be/lGhF1jO4ZbM Honen bidez:
youtube.com
The Left is Wrong On Debt and Deficits
Warren Mosler, father of Modern Monetary Theory, speaking with Steve Grumbine of Real Progressives, discussing how the “headline” leaders of the Left continu…
Transkripzioa:
0:00
there’s a couple things you can do so
0:02
one thing is you can say well let’s look
0:05
at where the money comes from where does
0:07
the money come from
0:08
okay now you see you have an account
0:10
online don’t you usually say yes so they
0:12
know it this so you can pick up your
0:13
computer screen and you’ve got three
0:16
thousand dollars in your account well
0:17
what does that mean you look at your
0:19
screen and says three zero zero zero all
0:22
right and now like for me my social
0:25
security checks coming in I’ve got two
0:26
thousand dollars it’s going to hit and I
0:28
watch my screen I watch and I watch it
0:30
all of a sudden
0:32
britta you know their hosts hair on well
0:36
I just got paid my two thousand dollars
0:38
well what did the government actually do
0:40
okay all they did was change the number
0:43
on your screen from 3 to a 5 they left
0:46
the three zeroes alone they changed it
0:48
three to a five okay they just changed
0:50
your number from a low and over to a
0:52
higher they get anybody’s tax when you
0:54
shove it into a computer they didn’t
0:56
take gold coins of shovin
0:57
it just changed numbers and that’s what
1:00
they always do that’s where the money
1:01
comes from then I tell the story about
1:03
in the late 70s I was at Leigh Blair a
1:06
company and my back office guy called me
1:08
up he said the Federal Reserve made a
1:10
mistake they were supposed to give us 30
1:12
thousand instead they gave us 300
1:14
million it’s like great let’s take let’s
1:17
get out of here and get it all in $20
1:19
bills were gone and that’s what happened
1:21
he said well they had those calculators
1:25
back then they had zeros double zeros
1:27
and triple zeros on them and he
1:28
accidentally hit the triple zero instead
1:30
of the double zero in singles there or
1:32
something
1:32
he gave us three hundred million seven
1:34
thirty thousand dollars okay that was
1:36
good money we could have gone and spent
1:37
it if he had caught his mistake two
1:39
hours later he came back and changed her
1:41
number to what it was supposed to be
1:43
forget what he did so the artist so
1:46
where did the money come from
1:47
we’re not 300 million real dollars come
1:49
from that was just like any of them came
1:52
from the guy’s thumb you know so all of
1:55
all the dollars come from the guy’s
1:57
thumb at the Federal Reserve when he’s
1:58
crediting accounts he didn’t like tax
2:02
anybody for that money he didn’t borrow
2:03
it from China
2:04
he just treaded it to my account that’s
2:06
where it comes from and when you pay
2:08
taxes what happens well they change your
2:09
number down there just scorekeepers and
2:12
it’s like if you’re keeping
2:13
scorecard game finding a scorekeeper how
2:15
many points do I have well I don’t have
2:18
any points well then how do I give you
2:21
100 points if you have a good hand where
2:23
do I get them I don’t I just changed the
2:24
number and your score in your account
2:26
and if I give you a hundred points do I
2:29
have a hundred points last no I’m just a
2:31
score keeper I’m just changing your
2:32
numbers up and down and do I have to
2:35
take points from somebody else to give
2:36
them do you know okay so the government
2:39
can do this they contain they can’t the
2:41
only way they spend – it’s not like a
2:43
new way to spend money it’s the only way
2:46
they spend money there’s no other way to
2:47
do it and so they just changed numbers
2:50
and the constant change them up and they
2:51
change them down and a guy at the
2:52
Treasury changing numbers upward he pays
2:54
people he doesn’t even know the phone
2:56
number of the email the guy at the IRS
2:58
changing numbers down there’s no
3:00
connection there’s an accountant in the
3:02
middle who decides whether there’s been
3:03
a surplus or deficit all he does is
3:06
subtract the two numbers and he makes an
3:07
announcement there isn’t anything else
3:09
except it’s just a big record-keeping
3:11
exercise okay so maybe you have to start
3:14
with something like that to talk to
3:18
people and then the next thing they’ll
3:19
move into is inflation say oh well if
3:21
you just keep giving people everything
3:23
you know the money’s gonna be worthless
3:24
and you agree you say yes of course but
3:26
that doesn’t mean that’s not how it’s
3:28
done
3:28
and so when Bernie Sanders says Medicare
3:31
for all is gonna cost a trillion dollars
3:33
where are we going to get them and
3:35
somebody says we were gonna get the
3:36
money you tell them we’re just gonna
3:37
change the numbers in people’s accounts
3:39
that’s where the money comes from when
3:41
Medicare makes a payment they change the
3:43
number and somebody’s back income how
3:45
does the government can pay for it we’ve
3:46
got a credit a bank account we’re gonna
3:48
change the number to a higher number is
3:50
that gonna cause a problem well maybe
3:52
and if it is we’re going to deal with it
3:53
is Medicare for all changing all those
3:56
numbers is gonna cause inflation well I
3:58
don’t know what it Bernie say did Bernie
4:01
say look you know this all the spending
4:04
on Medicare is gonna cause inflation so
4:05
now we’re gonna have to tax to take some
4:07
money away so there won’t be inflation
4:08
no he did say that he said we have to
4:11
get the money to be able to pay for it
4:14
and that’s a raw and be highly
4:17
misleading as to how you can have
4:18
problems and seeds the major obstacle is
4:21
why we don’t actually have Medicare look
4:24
we both want Medicare flaw
4:26
okay and if it was going to create an
4:28
inflation problem we’d be out there
4:30
talking about that just as much as
4:31
anybody else but what we can show is
4:33
it’s probably not this probably going to
4:35
be the opposite it’s probably going to
4:37
cause prices to go down and not off in
4:39
which case there’d be no point in taking
4:41
money from anybody to pay for it now if
4:44
you want to take away money from the
4:45
rich for social equity purposes fine you
4:47
know we can talk about that but don’t
4:50
tie it to paying for Medicare because
4:52
then we don’t get Medicare for all which
4:54
is exactly what happened okay that
4:56
mistake that mistaken understanding is
4:59
what kept it away from us now which side
5:00
of this argument are you want if you
5:03
want to get Medicare if you don’t want
5:05
to get if it’s not causing a problem do
5:07
you want to you know create the illusion
5:09
that is creating a problem so that we
5:11
don’t get it you know what kind of like
5:13
what kind of progressive is that why
5:15
would you undermine your own agenda for
5:17
something that’s not the case so I don’t
5:19
know I know we could talk about yes it
5:22
was like in 2010 he has a fantastic
5:25
article called you know the last
5:28
progressive standing and and it was
5:30
really about this whole debt and deficit
5:33
height that is going on today the left
5:37
is not learn their lesson and and I’ve
5:40
been quoting you like crazy because I
5:42
love it the headline left has failed
5:45
progressives mightily and yes talk about
5:48
how the headline left including Bernie
5:50
Sanders have really done us no favors
5:54
yeah so us you know Bernie Sanders is
5:57
the most immediate when I wrote that it
5:59
was something like 2010 and so there are
6:01
others that were more topical at the
6:03
time that I was meeting today but the
6:06
Bernie Sanders chart has a lot of
6:07
meaning if he came out with Medicare for
6:09
all which of course is something every
6:11
progressive would support but then you
6:15
know he puts on his big whopping multi
6:16
trillion dollar tax to pay for it and I
6:20
had talked to Stephanie at the time
6:22
stephanie kelton his was chief economist
6:25
for the Senate Budget Committee which is
6:27
Bernie Sanders committee so that she was
6:30
his economist you know like he’s
6:33
Medicare for all is a deflationary event
6:36
you’re going to save a trillion dollars
6:38
in expense for the country
6:39
that’s going to mean trillion dollars
6:41
worth of salaries basically those people
6:43
are going to be losing their jobs and
6:45
when you’ve got unemployment going up
6:46
and well I ever get demand from that you
6:49
know raise taxes because since this is
6:52
stupid because some what fiscal policy
6:55
is all about you’d either be increasing
6:56
public services like including free
6:59
education to pay for it rather than
7:01
raising taxes well they ate you know the
7:05
answer I got from the Sanders camp was
7:07
Ronnie Murray said he says I’ve been a
7:09
fiscal conservative all my life and I’m
7:12
not going to change now and so I’m gonna
7:14
come up with a way to pay for it so it
7:15
comes up this big whopping tax and
7:17
Hillary Clinton points to it says see
7:20
this just proves we can’t afford
7:22
Medicare for all it’s like Santa Claus a
7:26
hollow and we’re burning as we know were
7:28
the adults in the room and so uh you
7:31
know we’re gonna have to do the
7:32
Obamacare and patch or something like
7:34
that okay so here you have Bernie
7:37
Sanders who’s a headline left for this
7:39
particular issue you’ve got it all wrong
7:42
and he did the issue you know the damage
7:45
that killed it yeah he’s the one killed
7:47
it with his own you know mistaken tax
7:51
hike that he thought had to go with it
7:53
and so here we are
7:55
best progressives losing the issue
7:56
because the headline left can’t support
7:58
their own policies properly they don’t
8:01
understand the monetary system ail
8:02
understand monetary and fiscal policy
8:05
and they they botch it they’ve been
8:07
doing this every single time for the
8:09
last at least ten years and at some
8:14
point it’ll almost wonder if it’s by
8:16
design if they’re really not
8:18
left-leaning people if they’re really
8:20
not progressives but they just do it as
8:23
people like Paul Krugman has been doing
8:25
it for a long time and even Dean Baker
8:27
who’s I think is laughed I mean seems
8:31
sincere enough to me and so you’d have
8:33
to you know you know you just it’s
8:36
discouraging to see the damage being
8:39
done by the by the left and not by the
8:41
right the right supposed to take that
8:42
other side now that the budget deficit
8:44
itself is another big issue in the
8:47
headline from left is what’s killing us
8:49
the the headline the left will say yes
8:52
we need a fiscal adjustment
8:53
short term but in the long term we have
8:55
a long-run deficit probably have a
8:57
long-run entitlement problem we have to
8:58
do something about it
8:59
right now we have to go the other way
9:01
well once they’ve conceded that there’s
9:03
a long-term deficit problem and
9:05
al-monitor entitlement problem they’ve
9:08
lost the short-term bet so yeah we tried
9:10
that under British rule out the debt and
9:12
like all we got was more debt we still
9:13
have the long term problem okay well
9:16
when the fact is that we don’t have a
9:20
long-term deficit problem and in the way
9:22
they’re they’re thinking about a long
9:25
term deficit problem there’s no such
9:26
there’s no such thing as a long term
9:27
deficit the only possible long-term
9:29
deficit problem would be an inflation
9:31
problem and Bernie Sanders did not score
9:34
Medicare for on an inflationary basis he
9:37
didn’t say Oh Medicare for all is going
9:39
to cause inflation unless we increase
9:40
the tax so we have to increase the tax
9:43
reduced aggregate to me instead scoring
9:45
Medicare for all probably would have
9:47
shown strong deflationary forces and
9:50
would not have called for it okay so and
9:53
I had a discussion with Professor
9:56
Michael Woodford who’s you can’t get
9:57
much more mainstream than that his named
10:01
the number one economist in the world
10:02
the top influence of all the central
10:03
factors very nice man very sincere and I
10:08
said Michael what the only possible
10:10
long-term deficit problem would be a
10:11
long-term inflation problem the
10:13
government’s dr. Bob’s cheques or
10:14
anything like that he’d stop for at the
10:17
most 10 seconds and said yeah of course
10:19
you know you know the credit accounts I
10:21
said okay so the only way we can so you
10:27
know since the only way we can have a
10:28
long-term inflation problem is if we
10:30
have a long-term deficit problem what we
10:31
do to see if we have a lot of term
10:32
deficit problems as we look to the
10:34
long-term inflation forecast so you go
10:37
to the Fed the CEO and precious
10:39
free-market Treasury index bonds market
10:42
it right and they’re all two percent or
10:44
less so all these mainstream headline
10:48
forecasts and markets are screaming out
10:51
there is no long-term inflation problem
10:53
even with the debt being 77 percent of
10:55
GDP and Medicare is going to be honored
10:57
and 75 percent of the budget and
10:59
whatever all this you know all these
11:02
forecasts a financial or whatever they
11:05
come again or whatever the
11:07
like this it doesn’t show up in the
11:08
inflation forecast which means yes the
11:11
spending might be that high but there’s
11:12
not going to be any shortage of demand
11:13
and we can actually in real terms of
11:16
Florida hopeless at this point time
11:17
given no change okay and so if anybody
11:21
says to me there’s a long-term deficit
11:23
problem I say okay maybe but the burden
11:25
of proof is on you to show me that these
11:28
inflation forecasts are wrong you have
11:30
to show me that the Fed the CBO and the
11:33
free-market Treasury tips now maturity
11:36
test free market breaking inflation it
11:39
is wrong and then I’ll listen to you too
11:42
but until then I’ve got that on my side
11:44
okay that’s all you have to do it so why
11:47
would any progressive ever concede this
11:49
400 deficit bubble when the other side
11:52
can’t even begin to to to like you know
11:56
show that those forecasts are wrong show
11:58
that there is a long-term deficit
11:59
problem but by conceding if they’ve
12:01
taken away the victory right there
12:03
there’s all
oooooo
en.wikipedia.org
List of countries by external debt – Wikipedia
@tobararbulu # mmt@tobararbulu
W. Mosler:
How do you pay off the national debt?
Go into the federal reserve bank ( i.e., the central bank) and then you… Debit securities accounts and credit reserve accounts!
1 Jende askok unipolar barik, polo bakarreko nahiago luke. Nik neuk ez! Sorry!.