Susan Borden

[Susan Borden @chasdarwin]

@StefFeldman Wrong: As Greenspan and Bernanke explain: Congress instructs Treasury to spend. Treasury spending creates reserves. Deficits create private-sector financial assets. The U.S. doesn't borrow dollars before spending them. The real policy question is to whom for what, not how much.

[Elizabeth Warren @SenWarren]

I just left a classified briefing with the Trump Administration about the war in Iran.

I was worried before, but I’m more worried now.

[Susan Borden @chasdarwin]

@grahamformaine And Graham, don't forget the indispensable book you recommended to your policy team: Stephanie Kelton's "The Deficit Myth".

[Susan Borden @chasdarwin]

Wage Stagnation and Populism: A Comment on David Brooks and Noah Smith | Institute for New Economic Thinking https://t.co/UseJKlLMUL #inet

[Susan Borden @chasdarwin]

@MatthewEGunter @StephanieKelton You’re missing the point. EVERY asset is someone else’s liability. EVERY liability is someone else’s asset. The government’s red ink is the private sector’s black ink. And the government’s black ink is the private sector’s red ink. Be careful what you wish for.

[Susan Borden @chasdarwin]

@waronpathocracy @StephanieKelton Or El Salvador.

[Susan Borden @chasdarwin]

@StephanieKelton You may be shortchanging fourth-graders.

[Susan Borden @chasdarwin]

@FlyingWithSara @StephanieKelton Hear hear! Happy Birthday 🎈Sara N. I am so ready to turn over the whole shebang to power sisters Sara N and Stephanie K. 🤜🤛

[Susan Borden @chasdarwin]

@StephanieKelton Well, that’s not the only reason. I would add that for people who learn how a sovereign currency works, the book is exemplary in describing our capacity to substantially improve and sustain the well being of people and our planet.

[Susan Borden @chasdarwin]

@inverted180 @BoreGuru @StephanieKelton @bronsonst Bonds have nothing to do with financing government. Currency is a non-interest bearing I.O.U. issued by the government. Treasuries are interest bearing I.O.U.s issued by the same government. They are exchangeable for each other.

[Susan Borden @chasdarwin]

@BestStephenD @StephanieKelton Stephen is right -- I keep extra copies of "The Deficit Myth" on hand for ANY person I encounter who cares about improving the well-being of people and of our planet, but is stymied by the question, "But how will we pay for it?"

[Steven Hail @StevenHailAus]

From “Capitalism: The Future of an an Illusion” (2018) by Fred Block.

“it has been unable to reverse the concentration of income and wealth in the hands of a global oligarchy, and this failure fuels the rise of populist and authoritarian movements.”

https://t.co/XhzKAVnvYi

[Secretary Pete's Starbase One 2028 🐝🚀🛸🍷 @TrekkiesforPete]

🧵 Please don't be fooled for a minute. It's not about Mars, it's not about the moon, it's about satellites. The thing is that the richest man in the world owns the satellites, 3500 of them.
He needs a way to efficiently get them in orbit and potentially 1/

[Susan Borden @chasdarwin]

@IsabellaMWeber I think Ruth Ben-Ghiat, Clara Mattei, and Tim Snyder each contribute something essential to our current, dangerous predicament.

[Susan Borden @chasdarwin]

@StephanieKelton Elegant. Perfect. (Well, I suppose you might have said “his alma mater Penn Wharton’s…”) And if this explanation and argument doesn’t make it to the debate stage tonight, it could and should become the foundation of every Harris speech for the next 56 days.

[Susan Borden @chasdarwin]

@Hobbs_Duluth Teachers can't be great without great students; thank you for being one of those.

[Susan Borden @chasdarwin]

@Hobbs_Duluth Hi Noah. I was so moved by you and your thoughts about Tim Walz on Joy Reid this evening -- evocative, penetrating -- what a lift. Thank you for telling the nation about this remarkable man in ways that are both personal and universal.

[Susan Borden @chasdarwin]

@StephanieKelton 😂🧸🤣

[Stephanie Kelton @StephanieKelton]

Highly recommend