Paying for the #GreenNewDeal
#Thread 9
Transforming Investment, pt. 2
Robert Hockett @rch371
1/
It's a #GreenNewDeal now or a Pirate Planet later.
#Thread 9
Transforming Investment, pt. 2
Robert Hockett @rch371
1/
It's a #GreenNewDeal now or a Pirate Planet later.
2/
On the importance of colorful storytelling, and why Prof. Hockett says "inflation is a relation"
On the importance of colorful storytelling, and why Prof. Hockett says "inflation is a relation"
3/
How to replace a bullshit slogan with a less-bullshitty slogan
How to replace a bullshit slogan with a less-bullshitty slogan
4/
Imagine, on Pirate Planet, creating a money system from scratch. We’d have two fundamental goals in managing such a system: modulation and allocation. These goals are deeply interlinked, even though they can also be distinguished from one another.
Imagine, on Pirate Planet, creating a money system from scratch. We’d have two fundamental goals in managing such a system: modulation and allocation. These goals are deeply interlinked, even though they can also be distinguished from one another.
5/
Modulating and allocating money are practically joined at the hip. Because in order properly to modulate our money, we have to allocate it properly.
Modulating and allocating money are practically joined at the hip. Because in order properly to modulate our money, we have to allocate it properly.
6/
Advice for Pirate Planet: there is more than one systemically important price!
Advice for Pirate Planet: there is more than one systemically important price!
7/
The price of renting money is systemically important, so the government targets interest rates. QE3 recognized the price of housing is also systemically important. And how about the price of food? And the price of labor?
The price of renting money is systemically important, so the government targets interest rates. QE3 recognized the price of housing is also systemically important. And how about the price of food? And the price of labor?
8/
Systemically important prices - set by dysregulated “free” markets - have picked winners in a profoundly unsustainable and unjust way. #GreenNewDeal can improve how we modulate and allocate our public money. In 2020, we land on Pirate Planet - after the pirates have left.
Systemically important prices - set by dysregulated “free” markets - have picked winners in a profoundly unsustainable and unjust way. #GreenNewDeal can improve how we modulate and allocate our public money. In 2020, we land on Pirate Planet - after the pirates have left.
9/
For the full video: payforgnd.org
Transforming Investment, pt. 2
by Robert Hockett @rch371
start time: 7h:58m
Previous threads in this series:
Please stay tuned for our next thread!
For the full video: payforgnd.org
Transforming Investment, pt. 2
by Robert Hockett @rch371
start time: 7h:58m
Previous threads in this series:
https://twitter.com/payforgnd/status/1199519202421415936
Please stay tuned for our next thread!
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