@redcazza.bsky.social
No they're not. Taxes don't fund public expenditure. Learn MMT and stop being fooled about what a decent government can do www.gimms.org.uk
Modern Monetary Theory - a brief introduction - The Gower Initiative for Modern Money Studies
Living within your means is a good rule for households, but a government with its own currency and its own central bank is not at all like a household.
www.gimms.org.uk
December 1, 2025 at 8:07 PM
No they're not. Taxes don't fund public expenditure. Learn MMT and stop being fooled about what a decent government can do www.gimms.org.uk
The gvt creates money by spending, taxes just cancel some of it. Learn MMT like Zack has done and understand what a decent gvt can do www.gimms.org.uk
Modern Monetary Theory - a brief introduction - The Gower Initiative for Modern Money Studies
Living within your means is a good rule for households, but a government with its own currency and its own central bank is not at all like a household.
www.gimms.org.uk
November 30, 2025 at 1:46 PM
The gvt creates money by spending, taxes just cancel some of it. Learn MMT like Zack has done and understand what a decent gvt can do www.gimms.org.uk