MTM (MMT) (2024)

Euskal Herria

Mon dieu!

Hitzontzikeria galanta!

Neoautonomismoa = neo estatusa!, gehi mandanga, nola ez?

INDEPENDENTZIA da irtenbide bakarra!!

a) https://unibertsitatea.net/blogak/heterodoxia/2021/04/03/independentzia-besterik-ez-2/

b) https://unibertsitatea.net/blogak/heterodoxia/2022/08/17/independentzia/

«Herri proiektu» baterako saiakera politikoa ondu du Otxandianok

Mark Flowerchild #MMT #RealProgressives@MarkFabian21

#LearnMMT and use it to destroy Neoliberal policies and understand that “red vs blue” only distracts from the “us” vs “them” #ClassWar

Irudia

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No more destructive myth than the widespread, near-religious belief that the U.S. government borrows to spend. And that this results in a burdensome national debt that undermines economic performance and growth. A demonstrable lie and the “original sin” of mainstream economics.

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Excellent interview by Stephanie Kelton:

youtube.com

Is MMT Still Relevant With High Inflation? | Stephanie Kelton (The…

For access to econ community, consider https://www.patreon.com/moneymacro or consider buying me a ‘coffee’ at https://ko-fi.com/moneymacroLIKE CHATTING ECON …

Bideoa: https://youtu.be/LGlqnHTBP3I

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Dirk Ehnts@DEhnts

The ?￰゚ヌᄃ Government has not “maxed out” its “government credit card” – not now, not at the end of WWII, never. The Bank of England as monopoly supplier of £ cannot run out of £. As it executes the Government’s payments, running out of £ is not an option. https://articles.obr.uk/300-years-of-uk-public-finance-data/index.html

Irudia

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The Bank of England is the currency issuer. There is nothing that stops it from paying what HM Treasury instructs it to pay.” [from 2020]

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Globe Eye News@GlobeEyeNews

Vladimir Putin says the US Government is killing the dollar with their own hands, many countries including major oil producers, are accepting payments for oil in Chinese yuan.

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ΛЦƧƬΣЯIƬY IƧ MЦЯDΣЯ

It’s not accidental, but some would like to pretend they just don’t know any better. It’s in that slight error of assessing intent. Austerity breeds power for the elite. The error is beliving they want to do good.

Aipamena

Dirk Ehnts@DEhnts

ots. 10

“The EU has agreed a much-delayed reform of its fiscal rules, in a move that economists say will usher in an era of tighter budgets, even as European growth prospects are set to weaken.” This will not end well. https://ft.com/content/aa67e22c-396a-4b3f-88ad-14a04ec7f031

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@tobararbulu # mmt@tobararbulu

ots. 16

Honen bidez:

@YouTube

youtube.com

Money: The Origin Story

MMT economist L. Randall Wray gives an overview of the origins and functions of money. He explains that money can be used as a medium of exchange, a means of…

Bideoa: https://youtu.be/2sQaTpWE5BU

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Economics is not about “finding the money” – politics is. Economics is about resources and the development of and (sustainable) management of resources, their allocation and distribution. “Finding the money” is the easy part for the economist:

vimeo.com

FINDING THE MONEY Sizzle

www.FindingMoneyFilm.com

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⚠️“Señora von der Leyen, esta Europa, su Europa, nunca será la nuestra”. Usted gana 30.000€/mes, pero ¿sabe que en Europa las personas se saltan una comida por falta de dinero y pasan frío? Y usted ofrece armas, y pide austeridad a los europeos,el Eurodiputado Marc Botenga (PTB)

Bideoa: https://twitter.com/i/status/1759350766823772225

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The U.S. is buying Russian oil… through India. ? Indian oil refineries bought $37 billion of crude oil from Russia, and then sold $1 billion of refined petroleum to the USA. Europe also does the same thing.

Irudia

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Stephanie Kelton@StephanieKelton

As an economist, I refuse to be complicit in perpetuating this for another 70 years. Keen, Kelton, etc. can’t do it all. Journalists need to step up.

Aipamena

Libman@kreplachbro

16 h

@StephanieKelton erabiltzaileari erantzuten

I’m 70. I remember Reagan talking about unsustainable debt when I was in my 30s. But it was seeing Eisenhower say the same thing when I was 5 in @FindingMoneyDoc that really blew my mind. I’m the grandchild they warned would have to pay it back.

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Stop asking how what is needed will be paid and ask, “On what is the Govt spending, how will it be resourced and who will benefit from the spending?” #MMT

Irudia

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ΛЦƧƬΣЯIƬY IƧ MЦЯDΣЯ@sdgrumbine

Do you feel a sense of disgust when someone freaks out about “the national debt” when they clearly couldn’t be bothered to learn what it even is? Yeah… me too. What you SHOULD be freaked out about is when the government cuts spending. That’s austerity, and it is murder.

Aipamena

Simon ?￳ᅠチᄃ?￳ᅠチᄋ?￳ᅠチᄈ?@conrad_father

ots. 20

All this govt ‘debt’. The sky is falling…oh no hang on—it’s not. The govt will go bust, surely ?! Or not. Savings, hey ? https://ft.com/content/07b554c6-8e3b-4c01-bb3a-9cdca765ac73

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I can tell you why most aren’t as angry as they should be… they never bothered to learn how the nation pays its bills. Once they learn that taxes do not pay for a green new deal or medicare for all.. or war… their heads will explode and the revolution can commence.

Aipamena

Thia is with … ?✌️??@ThiaBallerina

19 h

When someone says why are you so angry? Me: Why aren’t you?

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Mark Flowerchild #MMT #RealProgressives@MarkFabian21

Stop asking how what is needed will be paid and ask, “On what is the Govt spending, how will it be resourced and who will benefit from the spending?” #MMT

Irudia

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Steven Hail@StevenHailAus

We are about to start touring a documentary of historical significance which some quite powerful people would rather you didn’t see I am one weary old bloke, but that tiredness will disappear if enough of you defy these people and come and see the film

https://modernmoneylab.org.au/events/film-tour/

Irudia

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You don’t have to call yourself an MMT-er to be a competent economist, but you do have to have a thorough understanding of MMT to be competent – no question. Why would I make such a claim and why does it matter? Come and find out. https://modernmoneylab.org.au/events/film-tour/

Irudia

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But fortunately for us, human nature is precisely the capacity to be creative; to imagine a different way of living together and to bring that into being through our conscious and deliberate actions by working together, by fighting for a different world against the class power that is interested in perpetuating things as they are. And so we can, through acting on the world to transform the world, we also transform ourselves. That’s a basic principle of Marxist theory and Marxist politics.  By acting on the world to change the world, we simultaneously transform ourselves through the act of struggle, to the act of building collective solidarity, we become different and we also make the world different.” 

Steve invited Stephen Maher for this interview to talk about some of the basic lessons of Marxism. While you may not agree with everything you hear in this episode, certain fundamentals of capitalism are beyond refute.  

The discussion explores the relationship between capital and the working class, and the concept of class struggle as the key to understanding US history of the past century, especially the postwar period and the development of neoliberalism.  To truly make sense of it all we must look at some fundamental truths about capital. It is very fluid and dynamic. Capital is capable of continuously evolving and restructuring. In doing so, our social conditions change as well. 

They also discuss the challenges and obstacles in achieving socialism, the history of anti-communist sentiment in the US, the importance of class struggle unionism, and the need for grassroots organizing and building solidarity within the working class. 

Stephen Maher is an Assistant Professor of Economics at SUNY Cortland, and co-editor of The Socialist Register. He is the co-author of The Fall and Rise of American Finance: From J.P. Morgan to BlackRock with Scott Aquanno, and the author of Corporate Capitalism and the Integral State: General Electric and a Century of American Power. 

(https://realprogressives.org/podcast_episode/episode-265-is-marx-still-relevant-with-steve-maher)

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Government spending comes first. What does this mean? Check out L Randall Wray’s new book to find out.

#MMT #LRandallWray #Money #DeficitMyth #PublicMoney

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