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ausmmt.bsky.social
Darren Quinn
@ausmmt.bsky.social
740 followers 260 following 770 posts
MMT | Sustainable Sufficiency | Mental Health | Precariat | Torrens Uni | Aussie Experience with unemployment and self-study of MMT to advocate for social justice reforms. https://darrenquinn.substack.com/
darrenquinn.substack.com
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 5d
1/10 (🎣)

Why do some movements for a better world struggle to gain support?

It might come down to a single word.

For years, advocates for a sustainable economy have used the word "degrowth." What if that word itself is a trap? 🧵

#Degrowth
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 20h
Why do people stop watching the news? Because it is nothing but bad news, negativity. Where is the positivity? The hope? Lead with the benefits, not the operational feature.
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 20h
It's a word that is framed as a negative that limits appeal. You'll note I didn't disagree with the idea, just the presentation of the idea.
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 20h
No, we are talking about a singular word that can be interpreted in multiple ways. Do you also want to stop growing as a person? Degrowth, the very word is framed as a negative, it limits appeal.
ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 20h
DARVO
ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 21h
You can't fix a problem you misdiagnose. The dominant inflation narrative is flawed at its foundation. I expose these core errors and establish the proper analytical starting points in my new article. Read the breakdown here: buff.ly/a3dgex5 #inflation
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 22h
7/7 (📞):
The Coalition's real problem isn't that they're losing the argument. It's that they're arguing with a reality the rest of the country now lives in.

I break down the entire fictional history in my new post. Read the full MMT Autopsy here:
buff.ly/ZWUfn6s
Fighting Ghosts: Why the Right is Arguing with a Fictional Past
An MMT Autopsy of Australian History
darrenquinn.substack.com
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 22h
6/7 (😱):
The real threat to the old guard isn't "leftism." It's economic literacy.

It's the fear that ordinary Australians will grasp that a currency issuer is not a household and start asking why we can fund bank bailouts but not social housing.
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 22h
5/7 (🤼):
The structural shift to the left that @kossamaras.bsky.social identifies isn't ideological whimsy. It's a rational response from generations who've inherited the consequences of this flawed model: precarious work & unaffordable housing. They know the old story failed them.
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 22h
4/7 (🧝‍♂️):
The famed Costello surpluses weren't a result of fiscal discipline. They were a function of a mining boom and, crucially, a massive explosion in private household debt.

The government wasn't "saving"; it was forcing families to become the economy's credit card.
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 22h
3/7 (📌):
The Accord wasn't a free-market deal; it was centrally planned coordination. Wage restraint was traded for a massive expansion of the "social wage"—Medicare, education, super.

That's not small government. That's strategic fiscal policy.
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 22h
2/7 (⚠):
For decades, we've been sold a myth: that the Hawke/Keating/Howard years were a "free market" triumph. It’s a comforting story for the establishment. It's also operationally false.

The real question isn't political labels, but: How did the money actually flow?
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 22h
1/7 (🎣):
@kossamaras.bsky.social's data on Australia's structural realignment is the most important analysis of the year.

The establishment's panic masks a deeper economic story.

My new post is an MMT Autopsy of the 'centre-right miracle' that never was. 🧵👇 #auspol #ausecon
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 1d
10/10 (📞)
We're stuck in a confused debate that hurts working families. It's time for clarity.

Want to read the full breakdown of this flawed conversation? Click here: buff.ly/a3dgex5

What’s the single biggest cost-of-living pressure on YOUR budget right now? Let me know below.
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 1d
9/10 (📌)
The real solutions lie not with the RBA, but with targeted government action (fiscal policy). We should be debating:

✅ Strategic price caps on essentials like energy.
✅ Public investment to fix supply chain bottlenecks.
✅ An excess profits tax to curb corporate greed.
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 1d
8/10
Using interest rate hikes to fight this is like trying to fix a broken supply chain by deliberately putting people out of work. It’s the wrong medicine.

Worse, rate hikes can BE inflationary by raising business costs, which get passed on to you.
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 1d
7/10 (💡)
Here's the crucial point: Our inflation isn't mainly from an "overheating" economy where everyone has too much money to spend.

It's "cost-push" inflation: broken supply chains, global energy shocks, and corporate price-gouging. ⛽️🛒
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 1d
6/10
From a Modern Monetary Theory (MMT) lens, we're asking the wrong question.

The question isn't "What will the RBA do next?"

It should be: "WHAT is actually causing prices to rise in the first place?" 💡
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 1d
5/10
Act III: No matter the data, the conclusion is ALWAYS the same. The threat of more interest rate pain for mortgage holders is the only story in town.

This whole performance is based on a deep misunderstanding of what's really going on.
#CostOfLiving
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 1d
4/10
Act II: If the main number doesn't fit the narrative, they pivot to "underlying inflation." This trick allows them to argue for rate hikes even when prices seem to be cooling. It’s a recipe for permanent confusion. 🧐
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 1d
3/10
Every time new data comes out, the media performs a tired, three-act play.

Act I: If #inflation is up, they scream for rate hikes. If it's down, they predict cuts. The RBA is treated like a simple machine reacting to one number. 🤖
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 1d
2/10
You saw the headlines. The Reserve Bank (#RBA) paused interest rates, and the Treasurer declared "substantial and sustained progress" on inflation.

This is the official story: a tale of a job well done. But for millions of families, it just doesn't match reality. 🤷♂️
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 1d
1/10 (🎣)
The government says it’s winning the fight against inflation. So why does your grocery bill still feel impossibly high? 🤔
#auspol #ausecon
There's a dangerous story being told about our economy, and it's time to expose the illusion. 🧵👇
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 3d
My recent article explores how the name of a movement can shape its success. We reframed 'degrowth' as 'Directed Prosperity'.

It got me thinking: What other important ideas or movements do you believe are held back by a name that needs a rebrand? 👇

#Degrowth #WellbeingEconomy #auspol #econ
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 3d
Do you think Mr Spock's Live Long and Prosper meant live long and make financial profit?
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ausmmt.bsky.social
Darren Quinn @ausmmt.bsky.social · 3d
I assume this is intended as a response to a specific post in the thread, rather than the initial post. That it is where it is currently replying and I cannot follow your context.