@FindingMoneyDoc@BostonGlobe@brattle Yes. As a scientist one immediately sees that Kelton’s mirror graph is a symptom of a self -defined identity. Meaningless. A =~(~A). Eureka!
@StephanieKelton One slight problem with the analogy, the US government does not print most of the money "tokens" in the economy - banks do. That could be changed with proper legislation.
@DanielDenvir This is the worst interview Dan has ever done - never challenged his guests' flat and binary view of the world. They were preaching to a choir rather than "teaching-in". They lumped all Americans, Israelis and "the West" into one monolith as they did for deeply divided Palestine
@arnebanani Actually pasture raised cows create more greenhouse gas than factory raised.
There is also a strong connection between a virus in cows leading to type 1 diabetes.
Don’t cut down milk consumption- just stop.
@LynAldenContact@swedishsamu The only thing missing is causality. Inflation is too complex to pass off as being "caused by" gov debt. Since only banks and shadow banks can create "delta M"= M2- M0, need to dig deeper for a meaningful explanation.
@StephanieKelton No one disputes that the Treas and Fed coordinate - not a revelation. Since taxation is matched with gov spending, it's hardly a damper on the economy.
@StephanieKelton Long and short rates can be disconnected.
Maybe not "crowd out" but certainly compete.
Finally admitting that the gov only creates reserves - a payment vehicle not the bulk of the money supply.
@Daydrea13445895 @Tofuwa_Bohu People reduce eating meat because they believe it to be harmful. Why is it then OK to be harmful on Sunday? Should a rapist be proud that he is cutting down on his raping?