Japan keeps interest rates low, shuns austerity, provides households cash. Unemployment stays low as firing workers frowned upon. Progressives must reclaim macroeconomics from right’s small-state fallacies & regain vision. Fascinating talk frm
at the
“The BoJ knew that inflation was transitory, they knew it was not a demand side event and so kept rates low. They were smart enough to protect the poorest households using cash transfers to low income families and selected businesses reliant on imports, to protect jobs”
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Gower Initiative for Modern Money Studies@GowerInitiative
GIMMS founder @prueplumwelcoming our guests to today’s #MMT presentation with
@billy_bloghot foot from Australia via Japan, our thanks to him of course.
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Warren Mosler eta inflazioa (2023) https://unibertsitatea.net/blogak/heterodoxia/2024/01/29/warren-mosler-eta-inflazioa-2023
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Warren Mosler
Mission: Inflation with Warren Mosler
in Palestina versus Israel (gehi AEB + NATO, Pentagonoa eta EB) (1)
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Tax the wealthy because they are too rich. Tax them to narrow the income gap. Tax them to prevent them from subverting the democratic process. BUT, don’t tax them as an income source for the US Govt that has no need for an income to spend!
Aipamena
Alan Collinge for President@StudentLoanJus1
urt. 30
Steve Bannon now agrees with me on taxing the very wealthy… He just said it publicly. Glad to see our opposition is coming around-
https://collingeforpresident.com/taxing-the-very-wealthy
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US citizens do not and cannot finance US Govt spending. In fact, US Govt spending must first finance US citizens before they have any $USDs to use to pay their federal taxes.
When you hear politicians and paid pundits referring to Social Security as “insolvent,” or, “unaffordable,” keep this in mind and #LearnMMT.
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Q: What are US Treasuries?
A: After-tax dollar savings accounts.
Government makes available—up to an arbitrary limit—an alternative storage facility (an interest-bearing savings account) for holders of US$. Not a bad deal for those with extra cash to park in these accounts.
Aipamena
Patrick Loftus
@Patrick_Loftus
urt. 31
Hey @Marketplace – don’t you think you should have quoted or cited someone like @Claudia_Sahm or @StephanieKelton in this article? Also, if you’re writing about the so-called national debt these days, it’s kind of weird not to mention #MMT. https://marketplace.org/2024/01/30/us-
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Professor Stephanie Kelton | Finding The Money | January 2024 https://youtu.be/viddh5Dft1A?si=dauT3bmc5-tEGwjw
youtube.com
Professor Stephanie Kelton | Finding The Money | January 2024
Professor Stephanie Kelton gave the first talk in our January 2024 Economics of Sustainability lecture series, featuring six world-leading e
Bideoa: https://youtu.be/viddh5Dft1A
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Autodeterminazioa
It is for the people of the island of Ireland to decide their future, not anybody else.
Bideoa: https://twitter.com/i/status/1752717384278737261
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Noiz egon zara zu, madangazale amorratua, 2012tik, autodeterminazioaren alde? https://unibertsitatea.net/blogak/heterodoxia/2018/04/03/zer-gertatu-da-2012tik-2017ra-zergatik/
berria.eus
Gogoratu ondoko hauek:
(i) 2012an: EPI Gernikan
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(ii) Mandanga:
https://www.unibertsitatea.net/apunteak/gizarte-zientziak/ekonomia/mandanga-zer-ote-da