BlindSided

PhD. in Ecoomic Bullshit on Social Media. Don't shoot the messenger please. :)

Don't follow me, I am lost too!

[BlindSided @sided_blind]

@PatriciaNPino UK doesn't "issue" sterling.

UK issues debt in sterling.

Fact checked by reality. All UK debt = all Gov Bonds. To the penny!

Which means UK is a USER of the £ not an "issuer."

UK must tax/borrow prior to spending. Hence "DMO"

D ebt
M anagement
O ffice

Facts as they are.

[BlindSided @sided_blind]

@ilhandogus @pdegrauwe Dollarization doesn’t cause hyperinflation.

People flee into dollars because the local currency is already failing thx to MMT style economics

Here are just a few examples of #MMT supporting currency collapse creating humanitarian disasters in #Turkey & #Srilanka

Stick to facts

[BlindSided @sided_blind]

@ilhandogus @pdegrauwe Venezuela. Turkey, Lebanon, Soviet Union, Zimbabwe, Indonesia, Argentina, you want me to keep going?

You hsve no concept of how thr monetary system and Macroeconomics works.

Stop pretending you do bc you are embarrassing yourself and don't even know it you are so ignorant

[BlindSided @sided_blind]

@Lprochon @StephanieKelton @NSSRNews @IsabellaMWeber @MazzucatoM @lauraabcarvalho @nelsonhbarbosa @HBoushey @joshbivens_DC @MonaAli_NY_US @NakedKeynes Post keynesian bull shit. You teach kids this crap?

Econ Prof. Who can't figure out 0-1=0

[BlindSided @sided_blind]

@Lprochon @StephanieKelton @NSSRNews @IsabellaMWeber @MazzucatoM @lauraabcarvalho @nelsonhbarbosa @HBoushey @joshbivens_DC @MonaAli_NY_US @NakedKeynes Shhh!!!

Come back when when uou can explain mathematically
Gov gov can spend a liability of nothing and get something.

0-1=0 not +1

Its pre K math Buddy! No PhD required.

If printing created value then inflation would never exist! By definition!

So. SHHHH!!

[BlindSided @sided_blind]

@plbds Good!

[BlindSided @sided_blind]

@IsabellaMWeber @NYCMayor A school that tells people Gov can spend a liability of nothing and get something should be shut down. Not cut its funding.

0-1=0 Not +1!
It's Pre K math!

If the act of printing money created value by definition no inflation would ever exist!

Witch doctors of economics.

[BlindSided @sided_blind]

@TweetForTheMany @PhilArmstrong58 @neocentrist @HenricCont No Gov can't spend a liability of nothing.

0-1=0 not +1

Pre k math!

If printing currency created value than inflation could never exist by definition.

[BlindSided @sided_blind]

@DavidMcNab17 Who is paying?

[BlindSided @sided_blind]

@richyphillips Polite? 🤭

[BlindSided @sided_blind]

@StephanieKelton Pundits confuse spending authority with funding capacity. Mayors, governors, and Congress all authorize spending. None spend from nothing. The real constraint is obligations vs revenue, credit, borrowing access, interest cost, trust, law, and output. Size is irrelevant.

[BlindSided @sided_blind]

@litewhisperer "Idea" 👇🤣👌

[BlindSided @sided_blind]

@Raffiatim @litewhisperer 👇 gov is thr problem

[BlindSided @sided_blind]

@PatriciaNPino Unemployed young people + climate crisis is not an economic plan.

It’s a problem statement.

Real output comes from skills, capital, energy, logistics, and productive work — not emotional arithmetic.

A crisis creates urgency. It does not create wealth.

[BlindSided @sided_blind]

@StephanieKelton “Inflation is projected lower” is not a fiscal argument.

Interest rises to 4.6% of GDP. Deficits rise to 6.7%. Interest hits ~26% of federal revenue by 2036.

That’s the warning — and it’s under the calm baseline, not a recession.

[BlindSided @sided_blind]

@ProfSteveKeen Typical #MMT ers

But to be fair you do the same shit.

[BlindSided @sided_blind]

@litewhisperer You MMTers are in cult.

No matter hoe you try to spin it.

[BlindSided @sided_blind]

@DeItaone Reality 👇
"It should be noted that US officials have acknowledged in multiple messages to Iran that Trump's posts are primarily for promotional purposes and media consumption within the US, and they have recommended that no attention be paid to these statements," Fars News says.

[BlindSided @sided_blind]

@PatriciaNPino If supply fell, what exactly is government distributing — more goods, or just claims on fewer goods?
And if prices don’t ration, who does? Politicians? Queues? Shortages? Favored groups?