Happy Bear!

FOMO is the name of the game!

[Happy Bear! @EconMacro]

🔹️#Venezuela

🔹️#Argentina

🔹️#Zimbabwe

🔹️#Labanon

🔹️#Turkey

🔹️#Russia

🔹️#Weimar Republic

🔹️#Indonesia

#ALLMMTED TO #HYPERINFLATION ALONG WITH MORE THEN 100 OTHER CURRENCIES IN THR LAST 60 YEARS

#UNLEARNMMT OR WE WILL WLL BE #MMTed!

[Gower Initiative for Modern Money Studies @GowerInitiative]

“Politicians that play with Fiscal rules and targets are kidding you.
Real resource targets and goals such as full employment are the meaningful measurements of the economy and the Fiscal deficit position floats to where it needs to be. “
@billy_blog
#Manchester

[Happy Bear! @EconMacro]

@MMTLabour @lallygag11 @widespreadhaze Asset of what?

[Happy Bear! @EconMacro]

@lallygag11 @MMTLabour @widespreadhaze You can't answer a simple question. You only like how words sound without any concpet of that they actually mean.

I proved my case about MMT ers.

Bye!

[Happy Bear! @EconMacro]

@lallygag11 @MMTLabour @widespreadhaze What is odd is you are both using words you cannot define.

Me - What os an asset?
You - A Thing
Me - A thing of what?
You - A thing - minus liability
Me - Of what?
You - the thing you pay taxes
Me - Taxes of what?
You - You are odd.

🤦‍♂️😂

[Happy Bear! @EconMacro]

@MMTLabour @lallygag11 @widespreadhaze I know you don't know what an asset is that is why I am asking.

So asset of what?

[Happy Bear! @EconMacro]

@MMTLabour @lallygag11 @widespreadhaze Taxes of what?

[Happy Bear! @EconMacro]

@lallygag11 @MMTLabour @widespreadhaze Again financial asset of what? What is the asset that i am subtracting a liability from?

You are having difficulty I see.

[Happy Bear! @EconMacro]

@lallygag11 @MMTLabour @widespreadhaze Still waiting for you do define exactly what is it an asset of?

[Happy Bear! @EconMacro]

@AusMMT Accounting of what?

[Happy Bear! @EconMacro]

@lallygag11 @MMTLabour @widespreadhaze "Net financial asset" of what?

[Happy Bear! @EconMacro]

@MMTLabour @widespreadhaze Factually wrong.

👇

[Happy Bear! @EconMacro]

@MMTLabour @widespreadhaze There is no Poll/head tax liability.

You are making up new tax codes as you go.

MMT confuses the ruler with the thing measured.

Inches don’t create length.

Accounting doesn’t create output.

Currency doesn’t create wealth.

It only records claims after production exists.

[Happy Bear! @EconMacro]

@MMTLabour @widespreadhaze I am sorry to tell you tjis but you are talking gibberish.

An Inch is not a liability of an inch that it created to measure.

Gov cannot spend a liability of nothing.

0-1=0 not +1
Its pre k math.

Your mathimatics is incoherent.

A symbol is not a liability of a symbol $€£¥...

[Happy Bear! @EconMacro]

@MMTLabour @widespreadhaze I hope you don't mind me beating you up a little bit.

What falsifies MMT?

[Happy Bear! @EconMacro]

@BankUnlimited No they dont.

MMT wants both: sovereignty when convenient, victimhood when costly.

[Happy Bear! @EconMacro]

@richyphillips Who will create the jobs? You?

Be serious.

You can't even understand that gov can't spend a liability of nothing and get something.

0-1=0

Best you keep posting silly MMT posts on X rather than the UK depending on you to create a job let alone JOBS!

[Happy Bear! @EconMacro]

@jbhearn @PoliteRevo3255 @litewhisperer Yes we agree on most of it.

Not on liquidity and duration risk swaps.

[Happy Bear! @EconMacro]

@PoliteRevo3255 @jbhearn @litewhisperer Gov Redistributes daily while adding debt.

It does not spend what it doesn't have.

0-1=0