BRICS
Learn #MMT
Warren Mosler
(http://www.collectedworksofwarrenmosler.com/)
Randall Wray
Randall Wray: Dirua hasiberrientzat
Randall Wray: Egin al dezakegu diruak guretzat lan egin dezan?
Randall Wray:
Jadanik aipatuak:
Randall Wray: dirua hasiberrientzat (elkarrizketa)
“Whaever is doable is financially affordable”, alegia, “Egingarria den edozer eskuragarria da finantzen aldetik.”
Randall Wray: nola MTM-k mundua salba dezakeen (elkarrizketa)
“Whar matters is resoursez, not money”, alegia, “Axola duena baliabideak dira, ez dirua.”
Hona hemen informazio pixka bat gehiago:
a) Randall Wray: Nola MTM-k mundua salbatu dezakeen
b) Randall Wray: MTM hasiberrientzat. Politikari baten gida
Segida MTMz:
Warren Mosler, 1996
Comments on the Current U.S. Budget Debate
(https://www.epicoalition.org/docs/comm.html)
The assumptions underlying the current budget debate are erroneous….
It is only after the deficit begins to expand again that the economy recovers. The historical correlation is 100%….
Contrary to general perception, fiat money is driven by the fact that taxpayers need the government’s money to pay their taxes. … so it can obtain the real goods and services it desires via the spending of its currency.
…. Treasury spending is a reserve add. Selling securities, by the Fed or Treasury, is simply a reserve drain, a monetary operation. This underlies the empirical evidence that nations can run any debt ratios they want, in their own fiat currencies, and still “fund the debt.”
How large a deficit is prudent? …., the government could offer a job to anyone who wanted one, at some minimum rate of pay deemed appropriate, and let the deficit float. This would end unemployment and unemployment compensation, eliminate the need for minimum wage laws, and promote price stability,…
The Federal debt is all the money spent but not taxed. …
The current budget debate is based on erroneous assumptions. Washington does not understand fiat money. Until it does, efforts to reduce the deficit will continue, and the economy will continue to underperform.
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Randall Wray (segida)
Randall Wray: Diruak guretzat funtziona dezan eginez (3)
Gehigarriak:
Randall Wray: Diruak guretzat funtziona dezan eginez (1)
Randall Wray: Diruak guretzat funtziona dezan eginez (2)
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MTMz, aipamen batzuk:
La base du système commence par un État qui veut s’approvisionner lui-même afin de satisfaire les objectifs publics, et l’imposition d’obligations fiscales payables uniquement avec la devise dont l’Etat dispose du monopole de la création.
MMT Is Misunderstood | Warren Mosler
Subscribe to the free Daily Upside Newsletter: https://bit.ly/3Mwwbnq For access to econ community, consider https://www.patreon.com/moneymacro or consider b…
Bideoa: https://youtu.be/LCUPBpSiISU
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Stephanie Kelton@StephanieKelton
I’m still miffed that I grabbed the wrong link to lead off this important thread. I mean to link to Sheard’s @barronsonline
piece, which you can find here https://barrons.com/articles/federal-deficit-debt-trillions-fed-investors-c8df4121
Aipamena
Stephanie Kelton@StephanieKelton
20 h
5 Myths that Deserve Straightening Out via Paul Sheard, former vice chairman of S&P Global. 1/10 https://bloomberg.com/news/articles/
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5 Myths that Deserve Straightening Out via Paul Sheard, former vice chairman of S&P Global. 1/10
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erabiltzaileari erantzuten
“The first is that the government has to borrow in order to spend and run deficits. It’s the other way around…’raising revenue’ is just a cover story.” 2/10
“A related myth is that the government needs to repay its debt. ‘Debt’ is a misnomer; government debt is just money (or purchasing power) in another form.” 3/10
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Stephanie Kelton@StephanieKelton
“A third myth is that the Fed prints money when it does quantitative easing.” 4/10
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Stephanie Kelton@StephanieKelton
Currency-issuing governments face no inherent financial constraints, only self-imposed impediments (e.g. PAYGO, overdraft, etc.). There are real resource (inflation) constraints. 5/10
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“A fourth, and related, myth is that banks could, if so moved, ‘lend out’ the excess reserves created by QE.” 6/10
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“A fifth myth is that banks are just financial intermediaries ‘taking in’ deposits and ‘lending them out.’ Not so.” 7/10
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“The money needed to sustain this giant prosperity-generating machine comes from the government running deficits and from banks extending credit, with the Fed’s activities linking the two.” 8/10
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Check out Sheard’s book, which I was happy to blurb. 9/10
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Sound familiar? #MMT 10/10
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Stephanie Kelton@StephanieKelton
All of the quotes in this thread are from Sheard’s piece.
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Segida:
BREAKING 
: Vietnam ‘has no interest’ in joining the ‘US-orchestrated’ anti-China coalition. China wins again!
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Putin: We will train a MILLION Russians to specialize in drone work.
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This is something the western mainstream media should be telling you.
But they won’t….
(India national television)
Bideoa, hemen: https://twitter.com/i/status/1700903080198299903
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Do you want to know who runs Britain and in whose interests? Jeremy Corbyn may have lost the 2019 election but his leadership of Labour revealed how it all works. Read on:
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Q. – Why was all advice not to threaten Russia ignored?
A. – The US and NATO wanted war. It’s not complicated.
Aipamena
Arnaud Bertrand@RnaudBertrand
ira. 10
I get asked this all the time, so I am reposting my famous thread of all the top strategic thinkers – from Kissinger to Chomsky – who warned for years that war was coming if we pursued NATO expansion, yet had their advice ignored (which begs the question: why?).
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Robert F. Kennedy Jr@RobertKennedyJr
The magic bullet theory is now dead. This preposterous construction has served as the mainstay of the theory that a single shooter murdered President Kennedy since the Warren Commission advanced it 60 years ago under the direction of the former CIA Director Allen Dulles whom my uncle fired. The recent revelations by JFK’s Secret Service protector Paul Landis have prompted even the New York Times-among the last lonely defenders of the Warren Report-to finally acknowledge its absurdity.
https://nytimes.com/2023/09/09/us/
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Zelensky is begging for weapons, US is still spending billions, this offensive was supposed to be completed weeks ago, we are now talking about giving F-16s, and Ukraine is telling countries like Poland to send their citizens back home to fight
Conclusion – Ukraine is winning
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#G20 New Delhi Leaders’ Declaration: We reiterate our commitment to the G20 as the premier forum for global economic cooperation & its continued operation: in the spirit of #multilateralism, on the basis of #consensus, with all members participating on an #equal footing.
Aipamena
MFA Russia @mfa_russia
19 h
G20 New Delhi Leaders’ Declaration: 
Together we have an opportunity to build a better future. <…> We will pursue development models that implement sustainable, inclusive and just transitions globally, while leaving no one behind. 
Read in full: https://is.gd/SHnwTf
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Washington deciding which countries need democracy:
“This is a memo that describes how we’re going to take out 7 countries in 5 years”
-Retired US army general Wesley Clark
Bideoa, hemen: https://twitter.com/i/status/1700902057702551996
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Putin: Russia is ready to supply up to 1 MILLION tonnes of grain at a discounted price to the poorest countries in the world.
Bideoa, hemen: https://twitter.com/i/status/1700712992893960449
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Jamal Dobahi جمال الدوبحي@dobahi
India forges compromise among divided world powers at the G20 summit in a diplomatic win for Modi
‘G20 declaration balanced’, says Russia
PM Modi @narendramodi hands over G20 Presidency gavel to Brazil’s President @LulaOficial on final day
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The G20 summit in Delhi ended on a very positive note – Zakharova
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#LIVE: #Russia’s Foreign Minister Sergey #Lavrov‘s remarks and answers to media questions following the #G20 Summit
Bideoa, hemen: https://twitter.com/i/broadcasts/1OwxWweWkqqxQ
MFA Russia@mfa_russia
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The weight of #BRICS inside the #G20 blocked #NATO propaganda against #Russia and showed the growing influence of the global south.
https://politico.eu/article/inside
Black in the Empire@blackintheempir
It’s kind of hard for Zelensky to say they’re winning the war when the country they’re fighting is rebuilding cities inside of what Ukraine still claims is their territory
Aipamena
Jackson Hinkle 
@jacksonhinklle
ira. 9
Putin has opened a new school for 1,100 students in Mariupol, Russia.
Bideoa, hemen: https://twitter.com/i/status/1700560570817151420
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A different perspective. Not the western mainstream narrative.
Listen to this…..
Aipamena
Glenn Diesen@Glenn_Diesen
ira. 9
Our discussion with Prof. John Mearsheimer:
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How will the war end?
Bideoa, hemen: https://twitter.com/i/status/1700561379005026408
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Liberals want you to believe the root of our problems is Brexit.
But Brexit Britain under Corbyn would’ve been a much better place than EU Britain was under Cameron.
The real problem is oligarchy. Norway, outside EU, built a much more civilised society than UK’s ever been.
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Hey Americans and Canadians, let’s go sail through the Straight of Taiwan with a fleet of warships and complain that China is being provocative!
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@tobararbulu # mmt@tobararbulu
????? Please, Learn #MMT!
Aipamena
The Sirius Report@thesiriusreport
14 h
Westerners fail to realise that without China bailing out the West in 2008, it would have collapsed.
So given what’s coming, antagonising China now is an idiotic decision, because there will be no one else to bailout the West next time around
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George Galloway@georgegalloway
What’s got NATO shi**ng their BRICS?!!!
Independent researcher and journalist Freddie Ponton @LFCNewsMedia via @No2NatoNo2War in broadcast 8:
‘NATO becomes more and more rejected as its suppression, censorship and sanctions fail to land the blows. Meanwhile countries line up to join the BRICS. Which would you rather be a part of?’ #No2Nato #No2War #StopTheWar Watch in full via my YouTube channel
https://youtube.com/watch?v=mwyFol
Bideoa, hemen: https://twitter.com/i/status/1700916339295023291
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Angelo Giuliano@Angelo4justice3
The most honest 3 minutes in TV history by Oliver Stone :
Stone told reminded filmmakers that “you can be critical of your government and your society.”
“You don’t have to fit in,” the Oscar-winner went on. “It’s fashionable now to take shots at Republicans and Trump and avoid the Obamas and Clintons. But remember this: In the 13 wars we’ve started over the last 30 years and the $14 trillion we’ve spent, and the hundreds of thousands of lives that have perished from this earth, remember that it wasn’t one leader, but a system, both Republican and Democrat. Call it what you will: the military industrial money media security complex. It’s a system that has been perpetuated under the guise that these are just wars justifiable in the name of our flag that flies so proudly.”
Stone continued that our “country has become more prosperous for many but in the name of that wealth we cannot justify our system as a center for the world’s values. But we continue to create such chaos and wars. No need to go through the victims, but we know we’ve intervened in more than 100 countries with invasion, regime change, economic chaos. Or hired war. It’s war of some kind. In the end, it’s become a system leading to the death of this planet and the extinction of us all.”
He concluded with advice based on his own experiences. “I’ve fought these people who practice war for most of my life. It’s a tiring game. And mostly you’ll get your a– kicked. With all the criticism and insults you’ll receive, and the flattery too, it’s important to remember, if you believe in what you’re saying and you can stay the course, you can make a difference,” he said.
“I urge you to find a way to remain alone with yourself, listen to your silences, not always in a writer’s room. Try to find not what the crowd wants so you can be successful, but try instead to find the true inner meaning of your life here on earth, and never give up on your heart in your struggle for peace, decency, and telling the truth.”
Bideoa, hemen: https://twitter.com/i/status/1700913361985348068
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For Starters, you should Learn #MMT.
Otherwise, empty words!
Aipamena
Roger Sealy@RogerSealy5
18 h
@WorkersPartyGB @georgegalloway eta @DerbyChrisW erabiltzaileei erantzuten
The Workers Party GB is made up of working class people who want to represent working class people throughout the land. People will support and follow a genuine socialist party, that offers true change and with policies based upon socialist values.
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South African leaders were enraged they could not host Putin on their soil for the BRICS summit due to their being forced to arrest him under an ICC warrant. Brazil’s President Lula says Putin is welcome to come to Brazil and wouldn’t be arrested:
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@tobararbulu # mmt@tobararbulu
To be independent, first step: Learn #MMT!
Aipamena
Josep Lluís Alay@josepalay
ira. 8
La independència de Grenlàndia molt a prop. Les terres rares, la nova ruta de transport del nord i compensacions que Dinamarca hauria de pagar per una colonització brutal en alguns períodes històrics, serien els mitjans de finançament del nou estat inuit https://liberation.fr/international/
Euskal Herrian antzekoa ala okerragoa: https://unibertsitatea.net/blogak/heterodoxia/2018/04/03/zer-gertatu-da-2012tik-2017ra-zergatik/
Mandanga da nagusi:
https://unibertsitatea.net/blogak/heterodoxia/2023/05/13/mandangaz-eguneratua/
Aipamena
Lluís Renter ||*||@Ludvig1973
ira. 9
10 anys de la #ViaCatalana, una Diada en la que seguíem les passes de la #ViaBàltica en la que Estònia, Letònia i Lituània aconseguien la seva independència. Tenien polítics a l’alçada. A Catalunya, 10 anys de renúncies, covardies i traïcions perquè tenim uns polítics de merda
Vladimir Putin “does not understand that in the long war, he will lose”, Ukraine’s president says. Russians will also start asking awkward questions about their army’s inability to protect them, “because our drones will land”.
Read our interview: https://econ.st/45MlTII
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So?
GIF, hemen: https://twitter.com/i/status/1695431950108913871
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Italian anti-fascists in Milan disrupted an exhibition dedicated to the Nazi Azov brigade. Not all Italians liked the Hitler tattoo. Mussolini was enough.
Bideoa, hemen: https://twitter.com/i/status/1700929035625246813
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American professor, Jeffrey Sachs on the promise, which was made to Russia after the fall of the Soviet Union,NOT to expand NATO towards the East.
“Our government lies about everything”
#UkraineRussiaWar️ #UkraineWar
https://twitter.com/ivan_8848/status/1581735431162372096/video/1
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@tobararbulu # mmt@tobararbulu
Aipamena
LaRepública.cat@LaRepublicaCat
ira. 9
L’alcalde d’Òrri
L’alcalde d’Òrrius convoca un nou referèndum per ratificar la declaració d’independència per al pròxim 1 d’octubre https://larepublica.cat/noticies/lalcalde-dorrius-convoca-un-nou-referendum-per-ratificar-la-declaracio-dindependencia-per-al-proxim-1-doctubre/
via
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Architect of #war in Ukraine, prominent neocon Viktoria Nuland commented results of her latest meeting with her puppet @ZelenskyyUa
She was revealed plans to support more act of terror against Russian “precious assests” – so we can expect new attacks on the Crimean bridge and even on undersea gas pipeline from Russia to Turkey.
I have one question, how it is possible, that that women, who is never was elected to any public position define a foreign policy of the United States in such an important matter as War?? War with Nuclear superpower what can endanger all of us!
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Black in the Empire@blackintheempir
I want to thank Hillary Clinton, Madeleine Albright and Victoria Nuland for proving that when given a position of power that women are truly equal and can be psychopaths, and evil war mongering murderers just like men.
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50 years ago, on 9/11/1973, democratically-elected socialist president of Chile Salvador Allende was overthrown by a US-backed fascist military coup, ushering in decades of darkness. Here are Allende’s chilling final words to the world, broadcast live on the radio:
Bideoa, hemen: https://twitter.com/i/status/1700954026307649610
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Never forget…
When I saw that Ukrainian Nazis were killing the children of Donbass, it caused a storm of angry emotions in me, so I decided to come to Donbass and help the children – Chinese singer Wang Fan.
Bideoa, hemen: https://twitter.com/i/status/1701157399569047915
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Just a reminder for those who are now coming to grips with Ukraine’s strategic defeat. There will be no “frozen conflict”, no Russian accommodation—only unconditional surrender on the part of Ukraine and its Western masters.
https://rt.com/russia/582259-ukraine-unconditional-surrender-nato/
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Russian Embassy, UK@RussianEmbassy
FM Lavrov: The New Delhi #G20 Summit will give a serious and positive impetus to the efforts to reform the #IMF and the #WTO, which are artificially restrained by the Americans and their allies. https://mid.ru/ru/foreign_pol
The ADL supports Ukraine. The Ukrainian government is propped up by Banderist neo-Nazi thugs. Banderists murdered Jews. The ADL is pro-Banderist. The ADL is anti-Semitic. Someone had to say it.
