Experience with unemployment and self-study of MMT to advocate for social justice reforms.
https://darrenquinn.substack.com/
The goal is a more informed public discourse. If this thread makes you think differently, my job is done.
I've broken down the entire argument—and the solution—in my latest Friday Fightback.
Read it here: buff.ly/4RCnEao
The goal is a more informed public discourse. If this thread makes you think differently, my job is done.
I've broken down the entire argument—and the solution—in my latest Friday Fightback.
Read it here: buff.ly/4RCnEao
So the real question isn't "What will the RBA do?"
The real question is: When will we demand our government use its power to create a stable, full-employment economy for all of us, not just for corporate shareholders?
So the real question isn't "What will the RBA do?"
The real question is: When will we demand our government use its power to create a stable, full-employment economy for all of us, not just for corporate shareholders?
The sane alternative has been there all along. It requires fiscal policy—the government's budget—to lead.
1️⃣ A Federal Job Guarantee to put a floor under unemployment.
2️⃣ Targeted policies to tackle the specific sources of inflation.
This is what monetary sovereignty is for.
The sane alternative has been there all along. It requires fiscal policy—the government's budget—to lead.
1️⃣ A Federal Job Guarantee to put a floor under unemployment.
2️⃣ Targeted policies to tackle the specific sources of inflation.
This is what monetary sovereignty is for.
And who is "domestically driving" this inflation?
Is it the nurse asking for a pay rise just to cover her rent?
Or is it the banks, supermarkets, and energy giants with massive market power jacking up their profit margins?
This is a fight over income distribution.
And who is "domestically driving" this inflation?
Is it the nurse asking for a pay rise just to cover her rent?
Or is it the banks, supermarkets, and energy giants with massive market power jacking up their profit margins?
This is a fight over income distribution.
They call it 'tackling inflation.'
I call it what it is: using the most vulnerable Australians as a human 'unemployed buffer stock.'
It's a cruel, inefficient, and deeply unethical way to manage a modern economy. We are not just numbers on a spreadsheet.
They call it 'tackling inflation.'
I call it what it is: using the most vulnerable Australians as a human 'unemployed buffer stock.'
It's a cruel, inefficient, and deeply unethical way to manage a modern economy. We are not just numbers on a spreadsheet.
This isn't an academic game. This is about your kitchen table.
When unemployment AND inflation are rising, their only tool—hiking rates—is a weapon designed to FIRE people.
They are choosing to push families towards mortgage default. This is a deliberate policy choice.
This isn't an academic game. This is about your kitchen table.
When unemployment AND inflation are rising, their only tool—hiking rates—is a weapon designed to FIRE people.
They are choosing to push families towards mortgage default. This is a deliberate policy choice.
Thank you, Jim, for building the foundation. If you want to move past the media myths, you need the right educational engine. Read the full post, connect with Jim, and get the course link here:
buff.ly/deGatcB
Thank you, Jim, for building the foundation. If you want to move past the media myths, you need the right educational engine. Read the full post, connect with Jim, and get the course link here:
buff.ly/deGatcB
Jim's MMT 101 Udemy course is the single best, comprehensive entry point for anyone serious about the topic. It systematically covers Money, Banks, Taxes, and Deficits—the toolkit you need to understand my critiques.
Jim's MMT 101 Udemy course is the single best, comprehensive entry point for anyone serious about the topic. It systematically covers Money, Banks, Taxes, and Deficits—the toolkit you need to understand my critiques.
Jim has a rare talent for breaking down complex topics into clear, foundational knowledge. His work is the essential "first step" for so many people. I strongly recommend his work for beginners.
Jim has a rare talent for breaking down complex topics into clear, foundational knowledge. His work is the essential "first step" for so many people. I strongly recommend his work for beginners.
When I review my own growth data, the story is undeniable: Recommendations from Jim Byrne's MMT 101 are the single biggest driver of new, engaged subscribers to my publication. This is what building a coalition looks like.
When I review my own growth data, the story is undeniable: Recommendations from Jim Byrne's MMT 101 are the single biggest driver of new, engaged subscribers to my publication. This is what building a coalition looks like.