As always #MMT flips the sequence.
No deposits → no interbank settlement → no need for reserves → nothing for QE to purchase.
I'll help you.
Start with Investopedia how GDP is measured.
I am sure you know MMT & Comrade Natasha Kelton and their position right. 👇
Dream of trillion dollar deficits!!! Yahoo!
I'll help you.
Start with Investopedia how GDP is measured.
I am sure you know MMT & Comrade Natasha Kelton and their position right. 👇
Dream of trillion dollar deficits!!! Yahoo!
Gov can't spend a liability! Someone else must recieve an ASSET! That's the point of getting paid!
This is not a "Political choice" this is 2nd grade COUNTING!
👇
Gov can't spend a liability! Someone else must recieve an ASSET! That's the point of getting paid!
This is not a "Political choice" this is 2nd grade COUNTING!
👇
In the real world no policy creates real wealth!
#UnlearnMMT voodoo economics. 👇
In the real world no policy creates real wealth!
#UnlearnMMT voodoo economics. 👇
Yet they pretend to be "monetary experts" with PhDs 🤦♂️😂
Currency can be devalued, money can't.
Money can be spent anywhere in the world, currency can't.
Yet they pretend to be "monetary experts" with PhDs 🤦♂️😂
Currency can be devalued, money can't.
Money can be spent anywhere in the world, currency can't.
The Fed is legally barred from giving unsecured loans. Every Fed loan requires collateral under Section 10B of the Federal Reserve Act. If it’s not collateralized, it’s not a Fed loan — period.
The Fed is legally barred from giving unsecured loans. Every Fed loan requires collateral under Section 10B of the Federal Reserve Act. If it’s not collateralized, it’s not a Fed loan — period.
Yet another political lie designed to attract votes for their political Soviet Style movement.
Here are the facts using 3rd grade arithmetic.👇
Yet another political lie designed to attract votes for their political Soviet Style movement.
Here are the facts using 3rd grade arithmetic.👇
Now let's look at reality. 👇
Now let's look at reality. 👇
Payment systems require funding to function. Blood sweat tears innovation risk taking.
#MMT ers are flat earth's.
MMT is the reason America needs saving.
Payment systems require funding to function. Blood sweat tears innovation risk taking.
#MMT ers are flat earth's.
MMT is the reason America needs saving.
History: bro, we’ve literally seen this movie 6 times. 🤦♂️
Real rates this tight don’t end well.
Full macro, market breakdowns inside.
👉 Patreon.com/RealMacro
History: bro, we’ve literally seen this movie 6 times. 🤦♂️
Real rates this tight don’t end well.
Full macro, market breakdowns inside.
👉 Patreon.com/RealMacro
Then a 9mm Gun
And a Gulag Job guarantee for those who can't pay.
MMT = Soviet Economics 👇
Then a 9mm Gun
And a Gulag Job guarantee for those who can't pay.
MMT = Soviet Economics 👇
Monetary = Currency
Theory = Guess
MMT isn’t a theory, it’s a bad guess.
Einstein’s relativity? Untouched for a century.
MMT? Shattered thousands of times in history—every failed coin, every worthless paper note is the evidence.
OCG > MMT. 👇
Monetary = Currency
Theory = Guess
MMT isn’t a theory, it’s a bad guess.
Einstein’s relativity? Untouched for a century.
MMT? Shattered thousands of times in history—every failed coin, every worthless paper note is the evidence.
OCG > MMT. 👇