Top Tweets for #TheDefictMyth
@andyburnham B4 we hear the usual BS lies, can i suggest you read this. pensions & benefits do not have to be cut to bring about the changes you talk of
if you are not about the total system change thats needed you'll deliver the same as the last 5 decades & #RIPLabour
#TheDefictMyth
A government levies taxes to make its sovereign currency valuable by requiring people to pay taxes in their dollars and not someone else's or Bitcoin etc. It does not need to tax for income. So stop saying 'my taxpayer dollars paid for...' #TheDefictMyth
I heard @timkaine say on the @chrislhayes show that targeted relief checks will allow the US Govt to save $ for more vaccines and other types of relief. Warning: If you read the @StephanieKelton book #TheDefictMyth, your head will explode in anger.🤬 #MMT
Cornyn of TX just now arguing that $2000 is a giveaway to millionaires/billionaires.
GOP's final argument is not that it's adding to the deficit - it's a hand-out to the rich.
#TheDefictMyth is dying, taking down straw-men as it goes.
#LearnMMT and we can govern responsibly
@StevenBaldus @RepJayapal @SJBSchu It's #TheDefictMyth really. When I was union in the 80's-90's was when they went centrist and began giving up things like ind. contractors and healthcare for all employees.
You can't make progress if you don't fight hard every day for universal things like living wage, etc.
@ProudSocialist No doubt our politicicans are corrupt but we need to break away from the idea tax dollars are footing the bill. Have you read #StephanieKelton's #TheDefictMyth? She explains Modern Monetary Theory. The USA can create unlimited money to foot any bill.
@Aiannucci Armando you are showing your ignorance. You must read #TheDefictMyth by #StephanieKelton and inform yourself how money actually works in our economies. Our government can and does create as much money as it needs. Just think of the mega billions of quantative easing.
@RichardJMurphy I know, its riduculous. Every Labour mp needs to read #TheDefictMyth by #StephanieKelton as a matter of urgency. We cannot allow the Tories to spaff public money (which it has printed itself) on dodgy contracts and then insist the public are doubly ripped off paying for crap.
@jace_15015 @mat_schmaltz @PierrePoilievre This is absolutely false in the case of Canada which takes on debt in its own sovereign (fiat) currency, has deep, mature financial markets. The only real limit is inflation, which is itself tied to the real productive capacity of our economy. You’re a victim of #thedefictmyth
Stephanie Kelton, #TheDefictMyth , Chapter2(邦題: #財政赤字の神話 )(抜粋)
「(共和党と民主党は)収入に合わせて支出を削減するか、支出に合わせて収入を増やすかといった、家計簿目線で予算を論じているのである(kitchen-table budgeting)。彼らは3つの大きな点を見落としている。→
Stephanie Kelton, #TheDefictMyth , Chapter2(邦題: #財政赤字の神話 )(抜粋)
「(共和党と民主党は)収入に合わせて支出を削減するか、支出に合わせて収入を増やすかといった、家計簿目線で予算を論じているのである(kitchen-table budgeting)。彼らは3つの大きな点を見落としている。→
Stephanie Kelton, #TheDefictMyth , Chapter1 (邦題: #財政赤字の神話 )
「通貨利用者と通貨発行者の区別こそMMTの核心である。…通貨主権を持つということは、国家がその支払い方法を心配することなく、国民の安全と福祉を優先できることを意味する。→
「MMTのレンズを通して見ればもう一つの社会が可能であることがわかる。この社会では、医療、教育、そして強靭なインフラに対し十分な投資を行うことができる。希少性の物語とは対照的に、MMTは機会の物語を掲げるのだ。」(#Kelton , #TheDefictMyth , Introductionより) https://t.co/Spyo7wOXyW
@miketregent @theredshift11 @The_Pale_H0rse The way to break that cycle is to become educated on how our government works. Learn #MMT which describes our monetary system. Be aware of what it means to live in a monetary sovereign nation. We can fight back. We can break the monopolies. Knowledge is power. #TheDefictMyth
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