ThomasMuentzner [he/him, comrade/them]@hexbear.net to Asklemmy@lemmy.mlEnglish · 6 days agoWhats your guess on when americans will figure it out ?hexbear.netimagemessage-square61fedilinkarrow-up1141arrow-down19
arrow-up1132arrow-down1imageWhats your guess on when americans will figure it out ?hexbear.netThomasMuentzner [he/him, comrade/them]@hexbear.net to Asklemmy@lemmy.mlEnglish · 6 days agomessage-square61fedilink
minus-squaredavel [he/him]@lemmy.mllinkfedilinkEnglisharrow-up12arrow-down6·edit-26 days agoThis graph gives the false impression that federal taxes actually pay for anything. Your Taxes Pay for Nothing Why The Government Has Infinite Money The Use and Abuse of MMT Finding the Money Alan Greenspan: “The United States can always pay any debt it has because we can always print money to do that.”
minus-squaremetaStatic@kbin.earthlinkfedilinkarrow-up4·6 days agoThe people are in debt… to themselves
minus-squareMNByChoice@midwest.sociallinkfedilinkarrow-up2arrow-down1·6 days agoThought MMT was recently disproved. No sources. Thought the recent inflation showed it to not model things. It would be great if MMT worked though.
minus-squaredavel [he/him]@lemmy.mllinkfedilinkEnglisharrow-up5·edit-26 days agoMMT isn’t a tool for modeling all of inflation’s factors. It’s simply a description of how sovereign fiat money works. Some people mistakenly (or knowingly, for disparagement or promotion) attribute things to MMT that it just isn’t.
This graph gives the false impression that federal taxes actually pay for anything.
The people are in debt… to themselves
Thank you.
Thought MMT was recently disproved.
No sources. Thought the recent inflation showed it to not model things. It would be great if MMT worked though.
MMT isn’t a tool for modeling all of inflation’s factors. It’s simply a description of how sovereign fiat money works. Some people mistakenly (or knowingly, for disparagement or promotion) attribute things to MMT that it just isn’t.