MMT for Progressives

Economics as if facts mattered. The sun doesn't orbit the earth, the earth isn't flat, taxes & borrowing don't fund gov spending. Reposts≠endorsements

[MMT for Progressives @MMTLabour]

The genius that is Stephanie Kelton 👇

[Stephanie Kelton @StephanieKelton]

Thank GOD the private sector is saving enough to supply the federal government with enough money to support the private sector in this moment of crisis. 🙃

[MMT for Progressives @MMTLabour]

@CuriosityonX Renting us our own knowledge back, that they never paid us for.

[MMT for Progressives @MMTLabour]

@iancharris @deGourlay @joerichlaw Running a balanced budget for a country that runs constant negative trade balances will lead to the destruction of non-govt savings. Why do you want to punish savers?

[MMT for Progressives @MMTLabour]

@arf84648947 You think tax avoidance schemes needed Brexit!? You're an idiot.

Checkout the date of the Panama Papers revelations.

[The Touchline | 𝐓 @TouchlineX]

🚨 𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚: A shooting has taken place near England’s World Cup base in Kansas City.

Nine people have reportedly been injured.

— @TheAthletic

[Nebojša Malić @NebojsaMalic]

You will NEVER hear Russians disparaging Americans, Brits, Poles, etc. who stormed the beaches of Normandy on D-Day. They are rightly revered as heroes who helped bring about the defeat of Nazi Germany.
Yet the West constantly erases the USSR from WW2 history. Inexcusable.

[MaurizioDomenico loi @loidomemau]

La Sardegna non ci sta: la protesta ad #Alghero contro la presenza di soldati NAZISTI EBREI israeliani in vacanza sull’isola.
Fuori i criminali di Guerra dalla nostra terra.
La nostra ospitalità non è gradita a chi spara verso donne e bambini innocenti.
#IsraeleStatoTerrorista

[Mel @Villgecrazylady]

Jewish terrorists spent the entire weekend terrorizing Palestinians in the West Bank and you said NOTHING.

The IDF murdered a 7 month old baby on Friday and you said nothing.

You are a mental and physical slave to Zionism. You have NO BUSINESS holding ANY political office, especially one that involves representing US interests in/with Israel. You have proven to be 100% incapable of objectivity.

[Mr. Nobody @MmisterNobody]

It’s not just the psychopathic elite we’re fighting.

We’re also fighting the narcissistic, brain-dead sheep who follow them.

This is an uphill climb.

They’ve weaponized the human race against itself.

[Clive Lewis MP @labourlewis]

The brilliant @yanisvaroufakis explaining how Palantair used Gazan ‘panic data’.

When civilians are bombarded - their phones record masses of data points that can be tracked and utilised by AI.

This he says was commercialised and sold to the NHS as emergency responder software for £1bn.

Palantair has no place in our NHS or anywhere else for that matter.

[Chay Bowes @BowesChay]

Hungarys new "Man of the people"

Sitting on a yacht reading a book on Churchill by the repulsive fraud, liar and serial failure Boris Johnson.

With Idols like these, the future for Hungary is clear.

[MMT for Progressives @MMTLabour]

@iancharris @deGourlay @joerichlaw What's 'Fiscal common sense' to you?

[MMT for Progressives @MMTLabour]

@wjprescott That's what tax is for.

[MMT for Progressives @MMTLabour]

@ClarkeMicah Sadly, your brother bought into the WMD nonsense.

[MMT for Progressives @MMTLabour]

@David__Osland @lynneleech1952 It would be truly hilarious if he wins in Makerfield, wins the leadership, becomes PM, and promptly loses his seat in 2029.

[MMT for Progressives @MMTLabour]

@MarkAsh46578148 @marcosagusstinn Irrelevant. The 'debt' started in 1694 and can continue indefinitely.

[MMT for Progressives @MMTLabour]

@llewellynsteven @marcosagusstinn We don't. We aren't on a fixed exchange rate.

[MMT for Progressives @MMTLabour]

@marcosagusstinn Britain is not on a fixed currency regime. The UK operates a free floating non-convertible fiat currency with all liabilities in its own IOUs. It doesn't borrow sterling - it issues it, by monopoly. It can't go bust. It can't run out of £s.
Bad economists keep running the lie.

[MMT for Progressives @MMTLabour]

@KathyParr101 @DebateHazel Abolish Jeremy Hunt and other millionaires.

[MMT for Progressives @MMTLabour]

@wbmosler @Barchart How long do eggs keep?

[Thomas Fazi @battleforeurope]

Crazy that this is getting barely any coverage. This year’s European Press Prize was just awarded to an investigative report by the Dutch newspaper De Volkskrant. It is entitled “What the Wounds Tell” and in it the journalists Maud Effting and Willem Feenstra document the cases of 114 children in Gaza under the age of 15 who were struck by a single bullet to the head or chest. Almost all of them died or were left severely disabled. They chose to document only the cases of boys and girls under the age of 15 (though often much younger: aged 3, 4 or 7) because these are children who can be immediately identified as such. “A single bullet in these parts of the body is a clear indication that these children were deliberately targeted“, the two journalists write.

This is the article: https://t.co/YkZrpqBWBQ