Can't have a supply side problem without giving people "free money" first. Funny how that works.
Borrow to inflation then when inflation comes the solution is borrow some more! Then blame Interest rates for the inflation. #MMT is a One trick pony.
😂👇
Can't have a supply side problem without giving people "free money" first. Funny how that works.
Borrow to inflation then when inflation comes the solution is borrow some more! Then blame Interest rates for the inflation. #MMT is a One trick pony.
😂👇
1. Operational process where spending occurs before balances exist.
2. Law that authorizes HM Treasury to run a negative account.
3. BOE procedure where it creates reserves for Gov spending without corresponding asset entries.
If this is settled research, it should be easy to cite.
US
1. Operational process where spending occurs before balances exist.
2. Law that authorizes HM Treasury to run a negative account.
3. BOE procedure where it creates reserves for Gov spending without corresponding asset entries.
If this is settled research, it should be easy to cite.
US
You want to explain Gov funding? I would LOVE to hear all about it.
You want to explain Gov funding? I would LOVE to hear all about it.
Where in the info graphic does it say #MMT says "Gov SHOULD be run like a biz?"
You just proved my point. MMT says the opposite.😂
Thx for confirming 👍
Where in the info graphic does it say #MMT says "Gov SHOULD be run like a biz?"
You just proved my point. MMT says the opposite.😂
Thx for confirming 👍
#MMT still not happy. they want more debt.
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#MMT still not happy. they want more debt.
Click Like,Follow, subscribe if you
Want to trade with reality, not fantasy!
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#Investing #RiskManagement #FinancialEducation
How about your real world economic understanding?
What is the difference in how gov borrows?
How about your real world economic understanding?
What is the difference in how gov borrows?
Exacrly! That's why it shouldn't borrow!
Gov borrowing ultimately forces future private-sector output to carry the burden.
Exacrly! That's why it shouldn't borrow!
Gov borrowing ultimately forces future private-sector output to carry the burden.
As always #MMT flips the sequence.
No deposits → no interbank settlement → no need for reserves → nothing for QE to purchase.
I'll help you.
Start with Investopedia how GDP is measured.
I am sure you know MMT & Comrade Natasha Kelton and their position right. 👇
Dream of trillion dollar deficits!!! Yahoo!
I'll help you.
Start with Investopedia how GDP is measured.
I am sure you know MMT & Comrade Natasha Kelton and their position right. 👇
Dream of trillion dollar deficits!!! Yahoo!
Gov can't spend a liability! Someone else must recieve an ASSET! That's the point of getting paid!
This is not a "Political choice" this is 2nd grade COUNTING!
👇
Gov can't spend a liability! Someone else must recieve an ASSET! That's the point of getting paid!
This is not a "Political choice" this is 2nd grade COUNTING!
👇
In the real world no policy creates real wealth!
#UnlearnMMT voodoo economics. 👇
In the real world no policy creates real wealth!
#UnlearnMMT voodoo economics. 👇
Yet they pretend to be "monetary experts" with PhDs 🤦♂️😂
Currency can be devalued, money can't.
Money can be spent anywhere in the world, currency can't.
Yet they pretend to be "monetary experts" with PhDs 🤦♂️😂
Currency can be devalued, money can't.
Money can be spent anywhere in the world, currency can't.
The Fed is legally barred from giving unsecured loans. Every Fed loan requires collateral under Section 10B of the Federal Reserve Act. If it’s not collateralized, it’s not a Fed loan — period.
The Fed is legally barred from giving unsecured loans. Every Fed loan requires collateral under Section 10B of the Federal Reserve Act. If it’s not collateralized, it’s not a Fed loan — period.
Yet another political lie designed to attract votes for their political Soviet Style movement.
Here are the facts using 3rd grade arithmetic.👇
Yet another political lie designed to attract votes for their political Soviet Style movement.
Here are the facts using 3rd grade arithmetic.👇
Now let's look at reality. 👇
Now let's look at reality. 👇