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)
Defizitak
a) Defizitak askatuko zaitu
b) Ellis Winningham@elliswinningham
The presence of a central government budget deficit, in and of itself, is not a problem.
The actual problem is always who and what benefits from the budget deficit.
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NATO
This video compilation leaves no doubt on what were the root-causes of Ukrainian crisis and how the West was (and is) continuously lying about it
In today’s “Unprovoked” series episode: “IT’S NOT ABOUT NATO”
Bideoa: https://twitter.com/i/status/1709221838306337150
Segida:
Russia in South Africa @EmbassyofRussia
President #Putin on the #RulesBasedOrder: It is beneficial to those who promote this approach. Because if no one has seen the rules, it only means that those who talk about them are making them up themselves from time to time to their own advantage. https://is.gd/lvCSF3
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NEW EPISODE OF GOING UNDERGROUND China’s
Belt & Road Initiative: The Only Thing That Can Stop The Multipolar World is a WORLD WAR
The #rice harvest is coming to an end in #Crimea
. Agrarians
of the
peninsula managed to preserve 340 hectares of crops. #МыСоздаем
#Russia
#ZaМир
https://vesti-k.ru/news/2023/10/16/zavershaetsya-uborka-krym
…
Bideoa, hemen: https://twitter.com/i/status/1713846708868718691
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Biden has announced his desire to run for President, unite all of Europe, and “put down” the President of Russia “where he cannot cause the kind of trouble he’s been causing.” So, this is what the US President’s mission is all about! And we used to think – naively – that it was to secure Americans’ prosperity.
Anyway, nothing of it is going to happen. One of reasons is because he has already forgotten what he said.
Dementia is a useful thing.
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Going Underground@GUnderground_TV
‘The Belt & Road Initiative is going to be history’s greatest development initiative…152 nations have joined…the nations who are outside the Belt & Road Initiative are actually today a minority’
-@HusseinAskary ahead of China’s BRI Forum
WATCH HERE: https://rumble.com/v3pj0d2-chinas
Bideoa, hemen: https://twitter.com/i/status/1713871997292224997
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This is bad news for Zelensky. Artificially linking the Ukraine War to the Israel-Gaza War is imperative to stay relevant and get the necessary attention and funding. The war appears to be lost for Zelensky.
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@Guardianfired cartoonist @BellBelltoons, after 40 YEARS of working there over this Netanyahu caricature, which they likened to—guess what?!—the Merchant of Venice. Netanyahu just killed 3,000 Palestinians in Gaza, and pseudo-progressive publications are coming to *his* aid.
Going Underground@GUnderground_TV
China’s trade with Africa reached $254 billion in 2022, making it Africa’s largest trading partner, with the Belt & Road Initiative resulting in Chinese investment in groundbreaking African projects such as:
-The Mali-Guinea railway project
-The Sudan-Senegal railway line
-The 2600MW Mambilla hydropower project in Nigeria
-The 400MW Bui Dam in Ghana
-The Nairobi-Mombasa Standard Gauge Railway, which has witnessed 10 million passenger trips and transportation of 25 million tonnes of goods https://rumble.com/v3pj0d2-chinas
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BREAKING: Zelensky and Netanyahu have released a joint statement begging Xi Jinping not to start the war with Taiwan in fear of being completely forgotten by the US.
Stephanie Kelton@StephanieKelton
Great to see MMT economists Randy Wray and @tymoignee doing audience Q&A with director Maren Poitras after the film festival on Saturday. Keep an eye out for @FindingMoneyDoc coming to a city near you.
Oooooo
The BBC admits that it misled the public about pro-Palestinian demonstrations in the UK
Bideoa, hemen: https://twitter.com/i/status/1713968039580881215
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SNP conference 2016/2023.
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Not making headlines: 60,000 children from Ukraine have disappeared and vanished since the war has began.
Women have been kidnapped and thrown into prostitution.
This war is a catastrophe, the people bathing in blood are in Kiev and Washington.
Bideoa, hemen: https://twitter.com/i/status/1714139808233070711
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Today marks
years since the establishment of diplomatic relations between our country and #Rwanda. Congratulations to our Rwandan friends on our common anniversary! We will continue to work together for the benefit of our countries and peoples. #RussiaRwanda
Russian Embassy in USA @RusEmbUSA
Anatoly Antonov: Articulate attacks against
political leadership unacceptable and inappropriate
it is unacceptable to stoop to obscene characterizations, once again fueling the already flourishing Russophobia in
https://is.gd/UsLm3A
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Putin has landed in Beijing to attend the #BeltandRoadForum. He will meet with Chinese President Xi Jinping tomorrow. The future is about infrastructure, development and trade. No need for America’s chaos-based international system. #China #Russia
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Meeting with President Xi in #Beijing. #Connectivity instead of #decoupling: this is the Hungarian model. Our aim is to strengthen Hungarian-Chinese relations. This is good for Hungary and good for the European economy.
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Interesting! Saudi Finance Minister Mohammed al-Jadaan fighting the Western narrative on Chinese lending to Africa and the BRI:
“Maybe it’s time to set the record straight. China stepped up when people actually shied away from Africa. China built infrastructure that they cannot carry with them to China, it will actually be in Africa. China took the risks, when people didn’t want to take the risks. Instead of actually poking China, I think we should establish here that they did what they needed to do for their own interest, but also to actually help other nations… Instead of just antagonizing them, and actually damaging the low income countries which need their help, we should just show China as much love as we can, for the sake of the low-income countries, which need to find solutions for their debt.”
Aipamena
CNBC@CNBC
urr. 13
‘Time to set the record straight’: Saudi minister defends China’s lending to developing nations https://cnbc.com/2023/10/13/saudi-minister-defends-chinas-bri-lending-to-developing-nations.html?taid=6528ec75ddbbd60001a46df9&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter%7CmainoOooooo
#BeltandRoad Forum starts in Beijing tomorrow.
The biggest infrastructure project in the world! 150 countries will be attending!
China’s true leadership and Xi Jinping’s vision.
Meanwhile, psycho USA & its psycho ally Israel are starting WW3.
Here are Presidents and Prime Ministers of Serbia, Indonesia, Ethiopia and Egypt arriving for the #BRI summit
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The Biden administration and priorities……
Aipamena
Douglas Macgregor@DougAMacgregor
urr. 17
Not making headlines: 60,000 children from Ukraine have disappeared and vanished since the war has began. Women have been kidnapped and thrown into prostitution. This war is a catastrophe, the people bathing in blood are in Kiev and Washington.
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The Chairman of @PatrioticMills calls on the editorial board of the @washingtonpost
to stop “fearmongering [over debt and deficits] based on discredited economic theories.” https://washingtonpost.com/opinions/2023/10/16/expansion-outstanding-government-securities/
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Unpacking Modern Monetary Theory w/ Warren Mosler https://youtu.be/e-VC5Dfd4_A?si=9BPY1bReA5m8NgZL
UEUko blogean: Warren Mosler-i egindako elkarrizketa (2023)
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UEUko blogean:
Warren Mosler: elkarrizketak, 2023, 1. partea eta 2. partea
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The counteroffensive was unsuccessful,” Newsweek. “I’m afraid we will now have to admit that Ukraine no longer has a chance to achieve significant and important territorial gains”
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History will show that attempts by the US to crush Huawei failed and how Huawei took control of the markets in China where Western companies had previously had a dominant market share. At some point China will make huge inroads into international markets too. As ever China always has a plan. West has no plans, just idiotic ideologically driven ramblings. Western businesses are also paying a huge price in the process.
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Ivan Katchanovski@I_Katchanovski
Wow! Ex leader of Germany confirms revelations by ex Israeli PM & Ukrainian media: “At the peace negotiations in Istanbul in March 2022 with Rustem Umerov, the Ukrainians did not agree on peace because they were not allowed to. For everything they discussed, they first had to ask the Americans. I had two talks with Umerov, then a one-on-one meeting with Putin, and then with Putin’s envoy. Umerov opened the conversation with greetings from Zelensky. As a compromise for Ukraine’s security guarantees, the Austrian model or the 5+1 model was proposed. Umerow thought that was a good thing. He also showed willingness on the other points. He also said that Ukraine does not want NATO membership. He also said that Ukraine wants to reintroduce Russian in the Donbass. But in the end, nothing happened. My impression was that nothing could happen, because everything else was decided in Washington. That was fatal. Because the result will now be that Russia will be tied more closely to China, which the West should not want.
And the Europeans?
They have failed. There would have been a window in March 2022. The Ukrainians were ready to talk about Crimea. This was even confirmed by the Bild newspaper at the time.
(Gerhard Schroeder shows a page from the BILD newspaper with the title “Finally peace in sight?”. It says: “Ukrainian President Volodymyr Zelensky (44) himself had already hinted at concessions for negotiations: He no longer insists on his country’s accession to NATO, he told the US broadcaster ABC. And he is also ready for a ‘compromise’ on Crimea and the breakaway provinces in the Donbass. ‘In every negotiation, my goal is to end the war with Russia,’ Zelensky told BILD.
In 2022, I received a request from Ukraine asking if I could mediate between Russia and Ukraine. The question was whether I could convey a message to Putin. There would also be someone who would have a very close relationship with the Ukrainian president himself. This was Rustem Umerov, the current Minister of Defense of Ukraine. He is a member of the Crimean Tatar minority. Then the question was: How to end the war?”
https://berliner-zeitung.de/politik-gesell
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George Szamuely@GeorgeSzamuely
Schroeder stands head and shoulders above today’s leaders in Germany. But his signing on to the bombing of Yugoslavia in 1999 is the low point of his career. And this nonsense doesn’t help. https://berliner-zeitung.de/politik-gesellschaft/gerhard-schroeder-im-exklusiv-interview-was-merkel-2015-gemacht-hat-war-politisch-falsch-li.2151196?utm_medium
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Ukraine was ready to sign a peace agreement with Russia but the US Govt did not allow it. Confirmed by Gerhard Schroeder, former leader of Germany.
Every single member of Canada’s Parliament supports arming Ukrainians to defeat Russia. No member of Canada’s Parliament – not a single one – has expressed support for arming Palestinians to defeat Israel’s genocidal regime.
Aipamena
Dimitri Lascaris@dimitrilascaris
urr. 21
While calling for a ceasefire in Gaza, Green Party of Canada leader @ElizabethMay says the genocidal Israeli regime ‘deserves Canada’s assistance’ and has a right to defend itself.
Do Palestinians have that same right, Ms. May?
You supported weapons for Ukrainians. Why not for Palestinians?
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Russian Embassy, UK@RussianEmbassy
President Vladimir Putin: If #Russia has lost the war, why #US sending the #ATACMS to Ukraine? Why doesn’t the US take back all its weapons & why doesn’t President #Biden come eat some pancakes and drink some tea with us? If the war is lost, what are the ATACMS for?
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The collective – vassal – West botched the Cairo Peace Summit, as everyone with a brain already knew in advance.
Collective punishment must go on – with minimal humanitarian aid allowed to cross the borde
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BREAKING: Former Ukrainian defense minister Reznikov stole a cool Billion Dollars!
1,000,000,000 He was fired for corruption, but left without being charged. He’s drinking champagne on a yacht somewhere. In case you were wondering why more tax money needs to be sent.
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Not al all
The wars = best business for the Military Industrial Complex
Learn #MMT
Ellis Winningham@elliswinningham
The presence of a central government budget deficit, in and of itself, is not a problem
The actual problem is always who and what benefits from the budget deficit
Aipamena
Kim Dotcom@KimDotcom
urr. 21
The US Govt will find itself in wars from Asia to Europe to the Middle East. At a time when the US is out of money and tools to raise new debt. Unlimited money printing will result in hyperinflation and economic collapse. The chess players are fast-tracking the end of US empire.
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FM LAVROV: “I cannot comment on what the Europeans and the Americans are saying about the situation in and around Ukraine. This is a contrived narrative we are dealing with, and an act of self-inflicted propaganda.
They are trying to convince themselves that Ukraine will “win on the battlefield,” and for that reason they must do everything for this to happen. Be my guest.
If this kind of wishful thinking helps them live better lives, God is their judge. We will do our job. We know what we are after and that ours is the right cause.”
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FM Sergey #Lavrov: Like our North Korean friends, we are seriously concerned about the US, Japan & South Korea’s growing military activity in the region. We are striving to propose constructive alternatives to the escalation of tensions here.
#RussiaDPRK
urr. 20
FM Sergey #Lavrov following his visit to #DPRK:
We are unanimous in our belief that progressive enhancement of bilateral relations meets the interests of both states and contributes to the strengthening of security in Northeast Asia. https://t.me/MFARussia/17989
#RussiaDPRK
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Due to the warmongers in the Biden administration, hundreds of thousands of Ukrainians have died for nothing. Not only that, but Ukraine will have to sacrifice more territory than it otherwise would have because of U.S. obstructionism. And Canada is complicit in this travesty.
Aipamena
Ivan Katchanovski@I_Katchanovski
urr. 21
Wow! Ex leader of Germany confirms revelations by ex Israeli PM & Ukrainian media: “At the peace negotiations in Istanbul in March 2022 with Rustem Umerov, the Ukrainians did not agree on peace because they were not allowed to. For everything they discussed, they first had to ask…
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Make Peace Now; alternative news@AlternatNews
Russia announces new mega gas deal with China.
Gazprom revealed that Russian gas exports to China will soon reach the volumes sold to the EU before the bloc imposed sanctions.
This low cost gas helps China to grow profits. The wealth, earlier created in Europe, transfers to China. The EU had decided to prefer suicide to business sense.
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Putin gives instructions to prepare proposals for megascience installations.
According to the statement, the order must be implemented by February 15, 2024: https://vk.cc/crOaBj
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‘All tyrannies rule through fraud and force,but once the fraud is exposed they must rely exclusively on force’ -George Orwell
#Israel #Palestine #Gaza #hamasattack #FreePalestine #Hamas #Hezbollah #Iran #IsraelUnderAttack #IsraelPalestineConflict #IsraelPalestineWar…
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The general consensus is that Russia and Ukraine had a tentative peace deal worked out back in March 2022, then the Anglo-American axis blocked it.
If the deal had been allowed to proceed, it would have been a massive damp squib for the Washington neocons. They didn’t spend eight years beefing up Ukraine, just to have peace break out. The plan was to provoke Russian “aggression”, then devastate its economy with the mother of all sanctions wars, while attacking Crimea and destabilizing the border regions.
If all went according to plan, this would make Putin deeply unpopular in Russia, resulting in a “Moscow Maidan” and ultimately his overthrow. The neocons would then seize the opportunity to install an obedient, controllable regime, just like they did in Kiev.
Bringing Moscow under Washington’s domination would be a huge prize in itself, but gaining geostrategic control over Russia’s southern perimeter is a key step towards controlling the “crossroads” of Central Asia, and thus to controlling China.
Washington’s gamble is backfiring spectacularly.