Citizens supporting Full Employment and Price Stability, through memes. Modern Money Theory, with funny pictures in the background. Sister feed to @DeficitOwls.
It is approaching that time of year once again: Modern Money Meme Week!
Each day will have an MMT-related theme. You can make memes to participate, and creators of the best ones will get a free shirt!
What are your ideas for the themes-of-the-day? We want to hear from you!
@ketagoesglobal @msalo71@IndivisibleNet@realDonaldTrump From experience, I can tell you that the people who ask to record the talk, the people who do record the talk, and the people who post it online, are often entirely different sets of people, who never communicate or meet.
@ketagoesglobal @msalo71@IndivisibleNet@realDonaldTrump No, you absolutely DO need to understand this, because 99% of people are getting it wrong, falsely believing that weโre โbrokeโ when weโre not, and itโs preventing us from demanding nice things. Everybody needs to get this stuff #LearnMMT
Ladies, if he:
- constantly is concerned about money
- wonโt stop talking about accounting
- believes money is a social relationship with endogenous quantity
- explains how to โpay forโ public services and overthrow neoliberalism
Heโs not your man. Heโs Modern Monetary Theory.
Ladies, if he:
- never runs out of money
- has no debt in foreign currencies
- has a floating exchange rate
- can ensure full employment without interference from domestic financial markets,
heโs not your man. Heโs a monetarily sovereign government.
"One thing for sale...three folks to buy
And so the price goes up sky high!
With prices high you want a raise -
That starts a greater spending craze!
This crazy whirl is called inflation
And it alone can wreck a nation!
Let's all stop prices going higher
Be a saver-not a buyer!"
We've finally got the winners for the official #ModernMoneyMemeWeek competition! They are *opens envelope*, William Beyer, Darin Brown, Mark Fabian, and Tim Youmans! They will be receiving an MMT-shirt soon. Thanks to them and all other participants for the wonderful submissions!
Now that life has returned to normal post-MMT Conference there's 1 more chore to wrap up #ModernMoneyMemeWeek: vote for the winners!
You've got until Saturday 10/20 at noon (North American Central Time) to decide who will win free MMT T-shirts
Good luck!
https://t.co/h9n9fxIWNk
For a long time, there was a popular talking point that Japan's deficit was different from ours, because Japan just owed the money to itself, whereas we owed it to foreigners. Well...
And thatโs it for #ModernMoneyMemeWeek! The MMT conference starts tomorrow, and we hope to see some of you, and if you canโt make it, donโt forget to stream it! Also, submissions for our competition are still open until Saturday, so get those memes in!