Lower Costs for Working People

This account promotes an MMT view of operations and advocates for progressive limited govt.

[Lower Costs for Working People @CarlitosMMT]

@DennisFran74713 @BonkDaCarnivore The mayor of Southlake’s voters stayed home and were not going to save the seat for the crazy W last name lady, she’s a b—— and they went scorched earth against him. Southlake is one of most affluent areas in America. They are done with the clowns.

[Lower Costs for Working People @CarlitosMMT]

@LoganMohtashami He’s got all the federal financing agencies and their credit controls. Could make it impossible to get a non-private mortgage (w/ private being few and far between). This would break the credit expansion and put us in an overtaxation budget position breaking the economy.

[Lower Costs for Working People @CarlitosMMT]

@tarpara @TheStalwart @TheStalwart you should have Warren back on for this and to ask him about his upcoming campaign for Territory Gov in USVI and his plan for a citizen dividend using withholding tax on FEMA payments and debt refinancing using his Mosler bonds.

[Lower Costs for Working People @CarlitosMMT]

@Yolo_Baggins9 @ArmandDoma I’m sorry your parents hurt you but there are other things you can do with your life than run your mouth on the internet.

[Lower Costs for Working People @CarlitosMMT]

@Yolo_Baggins9 @ArmandDoma Steel tariffs hurt the auto industry, which you don’t need tariffs to defend. Which one of your parents dropped you on your head as a baby?

[Lower Costs for Working People @CarlitosMMT]

@Yolo_Baggins9 @ArmandDoma They have enormous transaction costs and there are more direct, effective ways to achieve worthy industrial policy and nat sec goals. Tariffs are lazy and indirect mental midget foolishness.

[Lower Costs for Working People @CarlitosMMT]

@ericwallerstein @moorehn Miran is an intellectual lightweight and total fraud who has got every major question wrong since at least 2023, has learned nothing of his mistakes, and has contributed nothing. We are all dumber for his input. He also works for a Pedophile.

[Lower Costs for Working People @CarlitosMMT]

@HalSinger He’s a fucking sock puppet and has the rate thing backwards like all the rest.

[Lower Costs for Working People @CarlitosMMT]

@greg_ip That doesn’t begin to make sense. The concept of financing is inapplicable. Buy securities doesn’t make the dollar strong. foreign CBs selling their own currency to buy dollars to effect exchange rates does.

[Lower Costs for Working People @CarlitosMMT]

@scottlincicome This effects beer prices too

[Lower Costs for Working People @CarlitosMMT]

@LoewyLawFirm The first people making characterizations were the administration.

[Lower Costs for Working People @CarlitosMMT]

@mikejz @HalSinger We imported a bunch of eggs, bird flu eased, and there were regulatory threats raised against oligopolist egg sellers.

[Lower Costs for Working People @CarlitosMMT]

@ChrisShaver64 @pseudostokastic @MMTmacrotrader It’s a central bank meme stock. They believe tit gives them credibility w/ the public(s).

[Lower Costs for Working People @CarlitosMMT]

@MondoVicium @BobMurphyEcon I mean “money” is in eye of beholder and it could be anything. You can narrow it with debatable definitions or requirements but like none of what MOST economist use to define really explain why state cuttency is what we use for exchange.

[Lower Costs for Working People @CarlitosMMT]

@BobMurphyEcon Bitcoin would be like voluntary digital fiat created by private parties and all that stuff about value derived from confidence/circular reasoning/the “bigger fool” would be valid. The U.S. dollar is a coercive tax driven instrument of state power by which govt commands output.

[Lower Costs for Working People @CarlitosMMT]

@CptAncapistan @BobMurphyEcon Legal tender means if you sue me and win damages and I owe, the liability for damages is priced and payable in US dollars (unless we work out arrangement). You the victim can’t be like well I want Euro or Crypto. Court can’t order me to satisfy my liability that way.

[Lower Costs for Working People @CarlitosMMT]

@ericadyork It’s all about what the foreign CBs do ie support or not support their exporters. And there’s no guarantee that removing Trump tariffs results in that support coming back. Trump may have murdered the goose that lays the golden egg and permanently reduced our real terms of trade.