Thomas

I love the sea

[Coffee Hour Parishioner @FoAnimated]

@dorkburger My issue is most neoclassical economists, including MMT or even advocates of UBI, they all advocate centralization. Of which I hate. I don't see entropy as a bad constant. Yes sometimes it reveals negative results but cause and effect is real.

[🦉🔥🌻🌹🇵🇸 @screamingfmvoid]

@AndrewYangVFA A #FederalJobGaurantee #FJG would be far better than UBI and there are MANY reasons that is true. Do you understand how our monetary system ACTUALLY works? Fed Taxes DO NOT FUND SPENDING. The Federal Deficit is our economies SAVINGS.

[Nathan FOIA Tankus @NathanTankus]

@interfluidity @BrianJHartley @rohangrey @guan @dandolfa @TheStalwart why it's almost like this is the reason MMT has historically been critical of UBI :) :) :)

I will say re:policies to vaporize the financial value of the wealthy's assets (but not the biophysical assets themselves), they may not free up much resources in the short term 1/2

[Rocco million #mmt @RoccomillionMMT]

@J_MoAGoGo @sapiocrat1 The ubi can't I agree. Only the currency issuer can counter Balance the ups and downs of the business cycle, right now we automatic economic stabilizers, the superior way is to have a FEDERALLY GUARANTEED LIVING WAGE JOB PROGRAM

[gene @_neoliteral]

@AndrewYangVFA @FirethorneScott Not sure who’s advising you on economic policy, but you should consider Modern Monetary Theory (MMT) as the foundation for UBI policies and federal govt. spending. Would love to have a conversation on the topic if you’re interested.

[Kathryn Cannon @katiecannon2]

@FratboyMarxist @votelavenia @DougHenwood /1/. MMT doesn’t advocate UBI, so I’m not sure why you keep mentioning them together. /2/. Doug is tweeting that MMT’s proposal for permanent ZIRP is bad for capitalism. Lol. Do you get the irony of this?

[Kathryn Cannon @katiecannon2]

@FratboyMarxist @Functionaries_ @DougHenwood You think MMT supports UBI, so maybe you don’t understand things too well. 🤷🏻‍♀️

[Kathryn Cannon @katiecannon2]

MMT is a strong critic of UBI. Do you understand this?

https://t.co/G1g3VCIa3J

[Marie Fee @EireFaeM]

@marwilliamson UBI is a good idea.. demand creates jobs. Yet, how we define work and a jobs guarantee needs to be explored. Many advocates of #MMT such as Stephanie Kelton, Warren Mosler, Etc. Have addressed the pro's and cons of each and lean towards jobs guarantee.

[Thomas @Martineas]

@RoccomillionMMT @J_MoAGoGo @sapiocrat1 But the PhD in econ ,prof Steve keen ,he Supports ubi too

https://t.co/aPqTefWP7w

[Prof. Steve Keen @ProfSteveKeen]

@organicfanatic5 @AcostaKathryn I'm in favor of both a #UBI & #JobGuarantee, and don't see the conflict between the two that some #MMT advocates allege. Like @davidgraeber, I see UBI as letting people do anything rather than nothing. But #ModernDebtJubilee is different again

[Thomas @Martineas]

@RoccomillionMMT @J_MoAGoGo @sapiocrat1 Yes we need job guarantee

[John ‘John’ Morrison @J_MoAGoGo]

@sapiocrat1 @RoccomillionMMT The nature of busts is that they are endemic to any economy where decisions have to be made about an uncertain future. This has been known since Keynes. The UBI does nothing to attenuate that. You can't end the cycle.

[Thomas @Martineas]

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