Charlie

CPA

[Charlie @CharlieEcon]

@conorsen @talmonsmith Could you actually explain your gripe with this data? Vaguely alluding to some error is not helpful.

[Charlie @CharlieEcon]

@TKthought @DEhnts Agree, but the questions you listed are exactly what MMT focuses on and are often secondary in political debate over fiscal policy. Mainstream econ has failed in this regard, and mainstream econs themselves are frequently confused on this topic because of poor framing.

[Charlie @CharlieEcon]

@simpsoka Does this need to be enabled by admin for Enterprise users? Or will users see this option show up by default when it is rolled out to them?

[Charlie @CharlieEcon]

@kpomerleau @Nebsterrr How do you figure this? Even just considering the private sector, increased investment (funded by new lending for example) leads to increased incomes and spending. Why is demand reduced somewhere else per se?

[Charlie @CharlieEcon]

@M_C_Klein @mattyglesias In terms of inflation mitigation, yes. But could be good for other social reasons which MMT econs tend to be amenable to.

[Charlie @CharlieEcon]

It’s crazy how debt to GDP ratios were uniformly declining for a long time, especially in 2020. And then suddenly they started going up really fast.

[Sid Prabhu @sidprabhu]

Sometimes they do ring a bell…

[Charlie @CharlieEcon]

@sherwinwu Any plans for a PowerPoint add-in?

[Charlie @CharlieEcon]

@mean_field_zane Genuinely which MMT economist “ignores inflation” as a spending constraint? That’s MMT’s whole thing. And they make the case for that constraint much more intuitively/clearly than I’ve ever seen from a mainstream econ. Please provide an example if you have one

[Charlie @CharlieEcon]

@adam_tooze @wgoggin But the “inflow of capital” is just foreigners saving in USD. If the US imports a product, the “inflow of capital” is the foreigner accepting USD as payment. There’s no other transaction that needs to happen.

[Sam Levey @SamHLevey]

Why does money have the value that it has? This is a surprisingly difficult question in economics.

In some newly-updated work, I formalize the answer to this question that comes from Modern Monetary Theory (MMT), but using standard mainstream modeling techniques.

[Charlie @CharlieEcon]

A big reason I think we should treat other people with dignity is because this one affects me personally.

[Boten Anna @bussypounder999]

fyi, a big reason I think republicans (like myself) should just suck it up and obey ppls preferred pronouns is bc

im an actual biological girl. i am pregnant with my 3rd kid. but unless my botox and eyelashes are on my face... i get called a "he" or a "tranny" pretty often LOL

[James Medlock @jdcmedlock]

If you get into a “who can cut taxes more” battle with the GOP, you’re going to lose because they are far more shameless and antagonistic to the idea of living in a functioning society.

Don’t concede to their framing that taxes are nothing but a problem to be solved.

[Michael Thrower Chowdhury @BevansAdvocate]

Scary stuff

[Malcolm Harris @BigMeanInternet]

Literally

[Charlie @CharlieEcon]

@maiamindel I agree generally, but also isn’t this China’s strategy?

[Charlie @CharlieEcon]

@AlecStapp If you believe this then there is little reason to ever worry about the “sustainability” of the national debt

[Joe Weisenthal @TheStalwart]

Anyone who sees this video can instantly grasp the (at least) potential for malicious use. And yet nobody with any power (either in the public or at the corporate level) has anything to say (let alone do) to address it, or even acknowledge it.

[Charlie @CharlieEcon]

One million Charlie Kirks will exist in superposition.

[Slazac 🇪🇺🇺🇦🇹🇼🌐 @TrueSlazac]

Which one is it

[Charlie @CharlieEcon]

These people are just totally unequipped for the present moment.

[Kelsey Piper @KelseyTuoc]

Ezra got this one exactly right, and a lot of you are betraying a total inability to tell the difference between "this person went about the process of advocating for his beliefs in the right way" and "his beliefs are correct."