Modern Monetary Theory (MMT), 2023

Stephanie Kelton @StephanieKelton

“While the consensus is fixated on the negative impacts of higher interest costs, the reality is that higher interest income has been the underpinning of better business profits.” 1/

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Stephanie Kelton @StephanieKelton

abe. 3

@StephanieKelton

erabiltzaileari erantzuten

“While it would seem that business is doing extraordinarily well from this interest deluge, our sector analysis suggests that the majority was passed on to the household sector…” 2/

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Stephanie Kelton @StephanieKelton

abe. 3

@StephanieKelton

erabiltzaileari erantzuten

“…Bottom line, every sector’s saving rate is at or above pre-Covid levels – except the government, which is 1.8% higher, almost entirely due to interest payments.” 3/

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Stephanie Kelton @StephanieKelton

abe. 3

Keir Starmer is economically illiterate.

https://theguardian.com/politics/2023/dec/02/keir-starmer-praises-margaret-thatcher-for-bringing-meaningful-change-to-uk

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ΛЦƧƬΣЯIƬY IƧ MЦЯDΣЯ @sdgrumbine

17 h

https://billmitchell.org/blog/?p=46502&fbclid=IwAR3MNOSq1dDcm2XBsX7ipu4SnzYKyiculhLi1CVQ44IQKOA5opEzUNzzhMg

@billy_blog

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Annette Sanders @annettesnders

There’s a big difference between running a business and running a government. Goal of business is profit. Goal of government is to provide services, safety, support for citizens.

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Warren B. Mosler @wbmosler

abe. 7

@annettesnders

erabiltzaileari erantzuten

Yes, Public infrastructure of public purpose vs ending up with more money than you started with. 😉

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Warren B. Mosler @wbmosler

abe. 7

@annettesnders

erabiltzaileari erantzuten

https://moslereconomics.com/wp-content/upl

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Understanding MMT @UnderstandMMT

abe. 11

Bideoa: https://twitter.com/i/status/1734015976092410109

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Warren B. Mosler @wbmosler

17 h

@StephanieKelton

eta

@JayRWren

erabiltzaileei erantzuten

Nor does inflation alter the real wealth of a nation. It alters distribution within that nation which in any case is continually addressed with fiscal policy.

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Jakina dugunez, defizit publikoa ez da inogo arazotik, baldin eta norbera diru jaulkitzailea demneta moneta propioa erabili duen.

Mosler-ek 2009an idatzi zuen lantxoa, gai horretaz. Ikus, Defizit gastua hasiberrientzat

Iruzkinetan idatzi nuen bezala:

“A couple of remaks on deficits

2021 aza. 13

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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Warren B. Mosler @wbmosler

abe. 8

@precisemove

erabiltzaileari erantzuten

This was published in the French newspaper in Quebec just before the election nearly 30 years ago:

https://moslereconomics.com/wp-content/uploads/2018/04/A-Plan-for-Quebec-Monetary-Independence.pdf

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@tobararbulu # mmt @tobararbulu

14 h

Ikasiko ote dugu inoiz?

1.997: Quebec. Independentzia. Moneta propioa (‘La Fleur’) A Plan for Quebec Monetary Independence: The Non-Conformist view of an American Investor https://moslereconomics.com/wp-content/uploads/2018/04/A-Plan-for-Quebec-Monetary-Independence.pdf