Great!
Can you explain this then?
Can you explain this then?
December 7, 2025 at 6:05 PM
Great!
Can you explain this then?
Can you explain this then?
It doesn't assume any such thing
It rejects the idea that inflation, a deeply political idea at the best of times, should always be met with the same response. That's exactly what happens now through monpol.
www.researchgate.net/publication/...
It rejects the idea that inflation, a deeply political idea at the best of times, should always be met with the same response. That's exactly what happens now through monpol.
www.researchgate.net/publication/...
December 7, 2025 at 6:03 PM
It doesn't assume any such thing
It rejects the idea that inflation, a deeply political idea at the best of times, should always be met with the same response. That's exactly what happens now through monpol.
www.researchgate.net/publication/...
It rejects the idea that inflation, a deeply political idea at the best of times, should always be met with the same response. That's exactly what happens now through monpol.
www.researchgate.net/publication/...
Who's talking about central banks buying govt debt? Not me.
This 👇 is a fundamental misunderstanding
This 👇 is a fundamental misunderstanding
December 4, 2025 at 11:31 AM
Who's talking about central banks buying govt debt? Not me.
This 👇 is a fundamental misunderstanding
This 👇 is a fundamental misunderstanding
What would you say to Beardsley Ruml who was saying this 👇 in 1946?
December 4, 2025 at 11:09 AM
What would you say to Beardsley Ruml who was saying this 👇 in 1946?
It seems you don't understand what monetary policy is 🤷
Also, your comprehension skills are appalling
Also, your comprehension skills are appalling
December 3, 2025 at 8:22 PM
It seems you don't understand what monetary policy is 🤷
Also, your comprehension skills are appalling
Also, your comprehension skills are appalling
Unfortunately your MBA did you no favours.
This 👇 is nothing to do with MMT and looks like another fever dream.
This 👇 is nothing to do with MMT and looks like another fever dream.
December 3, 2025 at 4:45 PM
Unfortunately your MBA did you no favours.
This 👇 is nothing to do with MMT and looks like another fever dream.
This 👇 is nothing to do with MMT and looks like another fever dream.
Strange isn't it?
From the "Self financing state" paper:
From the "Self financing state" paper:
December 3, 2025 at 8:49 AM
Strange isn't it?
From the "Self financing state" paper:
From the "Self financing state" paper:
Easy.
It reverses the original transaction which swapped reserves for Gilts.
From the WGA 2010-11 and "Quantitative easing and quantitative tightening − speech by Silvana Tenreyro"
It reverses the original transaction which swapped reserves for Gilts.
From the WGA 2010-11 and "Quantitative easing and quantitative tightening − speech by Silvana Tenreyro"
December 2, 2025 at 9:57 PM
Easy.
It reverses the original transaction which swapped reserves for Gilts.
From the WGA 2010-11 and "Quantitative easing and quantitative tightening − speech by Silvana Tenreyro"
It reverses the original transaction which swapped reserves for Gilts.
From the WGA 2010-11 and "Quantitative easing and quantitative tightening − speech by Silvana Tenreyro"
You asked why JG is but mig isn't, implying you thought both were or weren't.
The options are employed or unemployed buffer stock.
No, you didn't say that at all. You are being disingenuous. Here's what you actually said.
The options are employed or unemployed buffer stock.
No, you didn't say that at all. You are being disingenuous. Here's what you actually said.
November 26, 2025 at 11:00 PM
You asked why JG is but mig isn't, implying you thought both were or weren't.
The options are employed or unemployed buffer stock.
No, you didn't say that at all. You are being disingenuous. Here's what you actually said.
The options are employed or unemployed buffer stock.
No, you didn't say that at all. You are being disingenuous. Here's what you actually said.
QE isn't "printing money", it's an asset swap.
November 24, 2025 at 1:02 PM
QE isn't "printing money", it's an asset swap.
It doesn't really consist of anything. It starts each day with a zero balance.
Simplified:
.Parliament authorises spending
. HMT instructs it's own bank, the BoE to mark up accounts of recipients
. BoE must comply so marks up reserve accounts and marks down CF
. New £s every time
Simplified:
.Parliament authorises spending
. HMT instructs it's own bank, the BoE to mark up accounts of recipients
. BoE must comply so marks up reserve accounts and marks down CF
. New £s every time
November 16, 2025 at 7:47 PM
It doesn't really consist of anything. It starts each day with a zero balance.
Simplified:
.Parliament authorises spending
. HMT instructs it's own bank, the BoE to mark up accounts of recipients
. BoE must comply so marks up reserve accounts and marks down CF
. New £s every time
Simplified:
.Parliament authorises spending
. HMT instructs it's own bank, the BoE to mark up accounts of recipients
. BoE must comply so marks up reserve accounts and marks down CF
. New £s every time
"MMT does not argue for dynamic tax policy to manage the business cycle. This is one of the most common misunderstandings."
Taxation is an indispensable anti-inflation policy tool in Modern Monetary Theory.
Taxation is an indispensable anti-inflation policy tool in Modern Monetary Theory.
November 6, 2025 at 4:18 PM
"MMT does not argue for dynamic tax policy to manage the business cycle. This is one of the most common misunderstandings."
Taxation is an indispensable anti-inflation policy tool in Modern Monetary Theory.
Taxation is an indispensable anti-inflation policy tool in Modern Monetary Theory.
The picture below shows my response to anything you ever post in the future.
Every time you ever post anything, instead of me responding, I refer you to this.
Don't forget now...
Every time you ever post anything, instead of me responding, I refer you to this.
Don't forget now...
November 5, 2025 at 1:28 PM
The picture below shows my response to anything you ever post in the future.
Every time you ever post anything, instead of me responding, I refer you to this.
Don't forget now...
Every time you ever post anything, instead of me responding, I refer you to this.
Don't forget now...
Krugman or Krigman 😂
Comedy gold mate, all of it is comedy gold.
Anyway ...
Comedy gold mate, all of it is comedy gold.
Anyway ...
November 3, 2025 at 11:23 PM
Krugman or Krigman 😂
Comedy gold mate, all of it is comedy gold.
Anyway ...
Comedy gold mate, all of it is comedy gold.
Anyway ...
You aren't capable of rational thought.
Still waiting ...
Still waiting ...
November 3, 2025 at 5:50 PM
You aren't capable of rational thought.
Still waiting ...
Still waiting ...
Lol.
Off you trot. Meanwhile, if you can ever gather the mental and physical resources necessary to come up with a coherent answer to 👇, just @ me👍
Off you trot. Meanwhile, if you can ever gather the mental and physical resources necessary to come up with a coherent answer to 👇, just @ me👍
November 2, 2025 at 4:44 PM
Lol.
Off you trot. Meanwhile, if you can ever gather the mental and physical resources necessary to come up with a coherent answer to 👇, just @ me👍
Off you trot. Meanwhile, if you can ever gather the mental and physical resources necessary to come up with a coherent answer to 👇, just @ me👍
Did I?
Where did I admit that?
If you could, you would.
You clearly can't. Or can you 👇
Where did I admit that?
If you could, you would.
You clearly can't. Or can you 👇
November 2, 2025 at 4:38 PM
Did I?
Where did I admit that?
If you could, you would.
You clearly can't. Or can you 👇
Where did I admit that?
If you could, you would.
You clearly can't. Or can you 👇
"us all" is anyone and everyone who ever reads this thread.
Now, 🥱
How many more times
Now, 🥱
How many more times
November 2, 2025 at 4:32 PM
"us all" is anyone and everyone who ever reads this thread.
Now, 🥱
How many more times
Now, 🥱
How many more times
Lol, thanks again for confirming my previous posts.
November 2, 2025 at 11:16 AM
Lol, thanks again for confirming my previous posts.
Lol, I do.
We all do.
You paraded it here for all to see:
We all do.
You paraded it here for all to see:
November 2, 2025 at 11:03 AM
Lol, I do.
We all do.
You paraded it here for all to see:
We all do.
You paraded it here for all to see:
That's a fundamental misunderstanding. Here's Bill Mitchell explaining the reality:
October 29, 2025 at 8:02 PM
That's a fundamental misunderstanding. Here's Bill Mitchell explaining the reality:
Your reading is incorrect.
This, from Bill Mitchell, explains MMT view of the role of taxation regarding inflation:
This, from Bill Mitchell, explains MMT view of the role of taxation regarding inflation:
October 28, 2025 at 4:17 PM
Your reading is incorrect.
This, from Bill Mitchell, explains MMT view of the role of taxation regarding inflation:
This, from Bill Mitchell, explains MMT view of the role of taxation regarding inflation: