Steve’s guest had to cancel today, so here’s a second voice (“to bring it down to the street and speak their language”) @11:36: “The power of the purse (in the US Constit...Read More
Loans create deposits. Ignoring private money creation by banks in macroeconomics is a huge mistake as #FAKEMMTers do. More “printed money” for Soviet Style Job Guarantee or Universal Basi...Read More
Going back to the start of the Large Scale Asset Purchase (LSAP) program right after the Lehman bankruptcy on September 15, 2008, the reason why those bond ‘kings’ and hedge fund ‘stars’ predi...Read More
In PUREMMT We care who in the Private Sector gets to save all the Gov’t Deficits $$$s. Not just in the US but Worldwide since we live in a Global economy. Unfortunately, it is the top 5% who get...Read More
FAKEMMTers EXPOSED! Let’s talk about the $1 trillion dollar deficit coming under Trump. Why aren’t MMTers schitting themselves with joy? One must assume that the average MMTer understands ...Read More
Once again I present to you proof that there two different types of economies in the private sector. Functional Economy vs Non-Functional Economy. Gov’t has been shut down and the non-functional...Read More
We should use free money printed from Gov’t to create a Soviet Style Labor Camp GUARANTEE! When the unemployment rate is 4.1% and prime age 25-54 is at 3.4%. Under no circumstances should we ack...Read More
Real Progressives, FAKEMMTers who actually believe that Soviet Labor Camp Job Guarantee will enable the undignified institutional workers will actually get to keep and save $23,000 and create wealth f...Read More
Including challenging rhetoric which has no basis in supportable facts. I grow weary of arguing myth and mistakes born of misinterpretation of the data, often manufactured by social engineers catering...Read More
US private sector added 250,000 jobs in Dec, vs estimate of 190,000: ADP biggest gain since March last year. and we need a Soviet Job Guarantee?:) People who deny facts, math, data and resort vague hu...Read More