@tracyalloway @bronwynwilliams Come on Tracy, I know you are skeptical about MMT, which is fine/healthy in general but you should be better informed now than in March 2019 to RT your original post. Here is a quick thread:
1/ See Odd Lots with @tracyalloway & @TheStalwart: bloomberg.com/news/articles/…

@tracyalloway

@tracyalloway @bronwynwilliams @TheStalwart 2/ My more recent framing of MMT in the Global South:
3/ A recent open letter on African Economic & Monetary Sovereignty signed by 100s of scholars/activists (many from the Global South): MES-Africa.org via @Mon_Sovereignty

@tracyalloway

@tracyalloway @bronwynwilliams @TheStalwart @Mon_Sovereignty 4/ My recent work on a Global Green New Deal framework with Colonial/post-colonial and climate reparations: realprogressives.org/podcast_episod…
5/ Monetary Sovereignty is not something you declare politically, it's something you acquire via strategic policies

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Fadhel Kaboub

@FadhelKaboub

2 Aug 20

@FTAlphaville

#MMT & #Inflation One more time for the people in the back (or without a search engine). #Thread
Read this @FTAlphaville piece by @stf18 @NathanTankus & @rohangrey: ftalphaville.ft.com/2019/03/01/155…
Here's my way of framing the conversation. 1/n

https://twitter.com/MichaelRoddan/status/1289357721540497411

If you've been in a coma for the last 12 years, you need to catch up on your central banking a bit:
"Fed has no reliable theory of inflation, says Tarullo" on.ft.com/3hXmj5N
2/n

In other words, mainstream econ has no idea what causes inflation, let alone how to deal with it. #MMT does. As an MMTer, I am obsessed with the risk of #inflation. 3/n

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Fadhel Kaboub

@FadhelKaboub

9 May 20

#Thread
#MMT economists have been saying for decades that a #JobGuarantee is an automatic stabilizer. When the private sector is laying off millions of workers, the Federal government must step in as the employer of last resort.

You take people as they are, where they are, and you do on-the-job paid training at a living wage & benefits for anyone ready, willing, and able to work. During a #pandemic, one of the most important jobs under the #JobGuarantee system is to #StayHome.

There are also millions of jobs that can be done remotely and safely right now (e.g. emergency call centers, wellness checks, testing/tracing/isolating for #COVID19, weatherizing vacant buildings, installing rooftop solar on every school and gov building,..

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Fadhel Kaboub

@FadhelKaboub

26 Nov 19

#Thead
I get asked questions like this all the time "Is #MMT consistent with a post-capitalist system? #Socislism? #Imperialism? XYZism?"
MMT is compatible with any political system. 1/n

#MMT is an analytical approach that carefully estimates how much fiscal policy space a country has to meet its national priorities without causing #inflation. 2/n

Those national priorities are determined by a political system that can be participatory/dictatorial/fascist/capitalist/socialist/communist, or whatever. 3/n

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Fadhel Kaboub

@FadhelKaboub

3 Nov 19

#THREAD
So if you have any doubt about this being a #ParadigmShift, check this out. A colleague from the humanities is teaching a social science class this semester. She decided to introduce her students to different theories about #money. 1/n

@MMTpodcast

Naturally (dare I say?), a basic intro to #MMT was in order. One of the sources was episode 2 of the @MMTpodcast by @christreilly (a comedian) & @PatriciaNPino (an engineer) discussing #MMT & #MonetarySovereignty. 2/n
pileusmmt.libsyn.com/2-monetary-sov…

I'm told that this sparked a very lively discussion that will continue in class next week. I've always said that this paradigm shift will not take place under the leadership of mainstream economists & their admirers. 3/n

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