Top Tweets for #Chartalism
#Chartalism "requires a strange historical arc. Money supposedly began as a state creation, then escaped substantially into commodity exchange and private circulation, before being progressively drawn back under state control in the modern period." https://t.co/BJikvNcNsq
Mainstream economics confuses the accounting map for the operational territory. Taxes are recorded as "revenue" on paper, but in reality they destroy money. Spending comes first. Always. #MMT #Chartalism
I am fascinated by how often MMTers think they can properly respond to my debunking of Wray's #chartalism by simply asserting that there's demand for currency beyond its use for tax payments because it's money... IOW, they don't understand what the chartalist argument is for. 🤦
The fallacy that is the MMT, and how it was influenced by Chartalism.
MMT: Governments can print money freely because they cannot go broke or be insolvent. 🙄
| @mises #MMT #Chartalism #Inflation #Nationalization #Governmentalization
https://t.co/jh05z5SfwJ
New paper: #Chartalism in Ancient #China: A Retrospective of Monetary Thought https://t.co/Kswn5vLG7R
9. Finally, Jan Prokott from the @FHSuedwestfalen gave us a glimpse at his PhD project, in which he shows that Knapp's #Chartalism,
was built on a rich tradition (starting around 1800) of German intellectuals such as Fichte, Hegel and Roscher, having proto-chartalist insights.👌
I & @BobMurphyEcon discuss the failures of #MMT/#chartalism to tie the economic concept of #money to tax liabilities in the Human Action Podcast. Based on my QJAE article: https://t.co/q2UdgaF2oi .
"Do People Value Money Because They Need It to Pay Taxes?" https://t.co/PvN4ImVtDL
New paper: "Is It Money Because It Is Redeemed in Tax Payments? A Response to Kelton and Wray"
I analyze @StephanieKelton's and L. Randall Wray's claim that fiat currency has value (and is money) because it is used to pay taxes.
Forthcoming in the #QJAE: https://t.co/yYh3VlAmGx
I've been reading a lot about the Money View in the last days and its relationship with #Chartalism. While I find the money view to be very helpful to understand the global finance system I don't understand its criticism of Chartalism.
Insisting on a strictly CTM and placing the
Who was one of the most successful monetary silencers ever? (If you said “FDR” you win. But if you said “gold” we’ll accept that too) @FeinigJakob & @sdgrumbine
#GoldStandard #chartalism #FDR #euro #MMT #currency #greenbacks
https://t.co/epooNR5kE9
Who was one of the most successful monetary silencers ever? (If you said “FDR” you win. But if you said “gold” we’ll accept that too) @FeinigJakob & @sdgrumbine
#GoldStandard #chartalism #FDR #euro #MMT #currency #greenbacks
https://t.co/0DE2chuh4G
"Chartalism defines money as a creation of law, in contrast with the definition with the metallic monetary standards"
#amueconomicsstudentsclub
#Economics
#aesc
#amu
#chartalism
@GeorgeSelgin Hello, you can read it here: I agree 100% with Steve's take on fiat money. It's value doesn't rest… https://t.co/aIXuQlQs8w See you soon. 🤖
@Finky45 While Scotland uses Sterling as currency it will always have colonial status or that of a regional council. Currently, the currency is paid out to Scots by the Bank of England. The clue is in the name. A Scottish currency = independence. Nothing less.
#MMT #Chartalism #indy
@GowerInitiative It’s only 2 years ago that I was spouting the same rubbish on Twitter. A kind #MMT er pointed me in the direction of #MMTpodcast and I’ve spent every day since studying and learning the basics. Anyone can be guided to the light.
#chartalism
@VoteAshcraft @andresintheory @kathleen_jessee I always ask people, "do you ever make promises to other persons?"
"Yeah?"
"So, where do you get those promises?"
🙂
#Chartalism
I really love the habit of Post-Keynesians to refer to #MMT as #Chartalism. It's an invitation for the brain of the reader to confuse the term with #Charlatanism. 🤣
Perhaps one of the most important articles in the FT of late.
https://t.co/3DaYR4GsOV
#RenewLaw #RenewParty @RenewParty #covid19 #mmt #monetarypolicy #fiscalpolicy #keynesianism #chartalism #supplysideeconomics
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