David Renn

Democratic Socialist, Fascist despiser, Motorcycle nut.

[David Renn @4davidrenn]

@jackwfittler NIMBY Maxie Hyphen is ignorant to the real problems in trying to get housing built in this country. After 10 years of LNP stupidity, we are short on qualified workers and materials and any big push is destined to blow out inflation! 🙄

[David Renn @4davidrenn]

@danziffer @QuentinDempster @mikejanda The OECD has reported that inflation is due to companies increasing profit and nothing to do with the miniscule wage increases!

[David Renn @4davidrenn]

@devalara44 @lesstenny @slsandpet NSW LNP sold out $3 billion worth social housing and replaced NOT. ONE.

[Tony Windsor @TonyHWindsor]

@QuentinDempster @stanleyward90 A man I met in a Canberra shop told me he was an acquaintance of Phil Coorey’s cousin’s vet who apparently heard from someone else with a security background that he had it on good authority that the martians could invade in the next 500 years.Hard to believe but thems the facts.

[Steven Hail @StevenHailAus]

There is no statistically significant link between GDP per capita and anything that actually matters, in countries richer than about Estonia.

Scale of economic activity matters a lot in lower income countries, but not in already rich countries.

We all have focus illusion.

[Steven Hail @StevenHailAus]

I spoke with Maeve McGregor of https://t.co/ckvhsUWfnH last week about inflation and monetary policy, among other things.

https://t.co/NWBJRQUGaW

[Steven Hail @StevenHailAus]

There is a way to learn about the monetary system, the ecological system, and real-world economics more generally.

This is it.

'You are going to have a breadth of knowledge that takes you far beyond what you would get in a conventional Master's program'

https://t.co/NU8OEwQmct

[Steven Hail @StevenHailAus]

This is a crisis caused by neoclassical economists who do not understand balance sheets and the monetary system being allowed to run banking and the monetary system.

You mis-design the system, mis-regulate banks and then you raise rates till the system cracks.

#Theyneverlearn

[Steven Hail @StevenHailAus]

@spenderallegra Australia's tax system has hardly ever raised 'sufficient revenue to fund the activities of government' and that is not what it is there for.

[Tony Windsor @TonyHWindsor]

Breaking news….SMH journalists concerned that Keating truth telling will split the labor party after their concerted effort for years to split the labor party has failed.

[Steven Hail @StevenHailAus]

The most basic facts about the monetary system virtually blow people's minds when you address them. All because of the narrative with which they have been surrounded, based on the government as household metaphor.

[Steven Hail @StevenHailAus]

It takes a bank failure to demonstrate yet again that most people who regard themselves as commentators don't understand the monetary system or the nature of money.

[Save the GN Railway @SaveGNR]

The Armidale / Moree bound Xplorer service captured from a passing train at Farley (near Maitland) on 11 March 2023. The train will divide at Werris Creek. The Armidale portion should be continuing beyond Armidale!
#NoNERT
#FixNotRipRails
#BringBackTheTrains
#nswpol #NSWvotes

[Steven Hail @StevenHailAus]

Watching the Fed raising rates to manage inflation is like watching an alcoholic take another drink to manage his problems.

It doesn't help and may actually make the problem worse.

MMT would be like AA for central bankers.

They need a 12-step program for rethinking economics.

[David Renn @4davidrenn]

@jmil400 The Poison Dwarf!

[Doug Cameron @DougCameron51]

Great analysis,from ⁦@GrogsGamut⁩ exposing the cost to govt of subsidising the super of wealthy individuals.
$55.3b in total subsidies with 31.8% going to the wealthy.
Public funds going to the rich while the poor struggle to put food on the table! https://t.co/Vg3YtV4Q0P

[David Renn @4davidrenn]

@AmyRemeikis Super profits tax as one measure along with other pricing controls!

[Steven Hail @StevenHailAus]

I just heard a Prof. of Australian studies at ANU on ABC News Radio claim if there was a downturn the Australian Govt would not have the ability to provide support. He implied they would be out of money. How do these people get academic jobs? And why do they get taken seriously?

[David Renn @4davidrenn]

@steveomarine @daylinleach @PastorAlexLove How many other non christian observers understand the movement of the planets thousands of years prior to christianity - answer - many! 🙄

[David Renn @4davidrenn]

@recre8ively @timbo2002 @JosieMcskimming @JasonClareMP Howard's plan!