Top Tweets for #PracticalMMT
#PracticalMMT. If a National Co-op Affordable Housing Unit is an asset with monetary value, why can’t the FED accept that asset as collateral for new Reserves issued to a Public Bank—which would then make a zero interest “loan” to build the housing unit? https://t.co/J3B65ByHO6
#PracticalMMT. What if non-profit Public Banks could trade to the FED, as collateral, Public Assets (for example, a nationally owned Affordable Housing Unit) for new Reserves (fiat dollars) which would then be used to build the Affordable Housing Unit? https://t.co/J3B65Bh6pw
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