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1/ The #MMT view of inflation. A mega-thread.

This is a layperson tutorial with many papers, lectures, & even podcasts created by (and of) #MMT economists & scholars.

First, in order to (really) understand inflation, we need to understand what it's not.
2/ The academic response to "What is #MMT's theory of inflation?"
3/ The #MMT view of hyperinflation.
4/ Why "printing money" does not cause inflation.
5/5 To #LearnMMT in general, here is a good place to start.
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Keep Current with A repository of #MMT resources by @ActivistMMT.

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A repository of #MMT resources by @ActivistMMT.
@MMTResources
A large collection of examples demonstrating the #MMT view of class conflict/class struggle, and where specifically MMT addresses it.

[THREAD v.1]

(With thanks to many.)👇
👆From a 2019 post by Australian economics professor Bill Mitchell (@billy_blog) (bilbo.economicoutlook.net/blog/?p=42113)👇 ImageImage
👆A thread filled with examples of how MMT addresses class conflict/class struggle by @moneyontheleft’s Scott Ferguson.👇
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A repository of #MMT resources by @ActivistMMT.
@MMTResources
Why does MMT recommend the job guarantee and ZIRP?

[A layperson tutorial to #LearnMMT v.1]

MMT is fully a descriptive body of knowledge. Once understood, however, it is simply not reasonable *not* to implement the JG and, secondarily, ZIRP.
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If you understand MMT and yet still want neither policy, the burden is on you to justify why large swaths must continue to suffer the ravages of unemployment. MMT demonstrates it is possible to stabilize the economy by keeping all (who want to be employed) *employed*.
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The absolute ravages of unemployment, on individuals, families, and society as a whole. Unchecked, unemployment behaves no differently than a biological plague. From "Unemployment: The Silent Epidemic" (2017) by @ptcherneva: levyinstitute.org/pubs/wp_895.pdf
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A repository of #MMT resources by @ActivistMMT.
@MMTResources
1/ Good things to read when first learning #MMT.

[#LearnMMT THREAD v.2.1]

First, a single article explainer of #MMT by @StevenHailAus, economist and lecturer in economics, University of Adelaide. theconversation.com/explainer-what…
2/ A single article explainer of #MMT by @John_T_Harvey, professor of Economics at Texas Christian University (@TCU): forbes.com/sites/johnthar…
3/ A single article explainer of #MMT by @jocobmag multimedia editor Rebecca Rojer thenewinquiry.com/the-world-acco…
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