Thread by @sdgrumbine

There is a HUGE public out there who thinks our nation, which creates its own currency everytime it spends, must be constrained like a household budget which cannot do the same.

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The lie is so pernicious that no other factor will hold us back including corruption, rigged elections, or any other issue you may raise.

Because this lie is responsible for more death and destruction than any other lie, it is ground zero of our efforts. All the yellow vests and protests in the world will not fix what ails us until this is known.

It is really the most maddening truth because honestly the truth is so easy to see.

Federal taxes serve to create demand for the currency.

But they do not pay for any programs.

Congress authorizes $$ to be spent into existence & deletes them when they are received as a tax.

That is the circuit.

That is the simplicity.

That is the difference between solving climate disaster, healthcare, poverty, student debt, green energy, infrastructure, free college, expanded social security and a Federal Job Guarantee

And death by austerity

That simple understanding stands between us and a life of abundance

That lie is a killer

So repeat after me...

Federal Taxes Do Not Fund Spending!!!!