MMT is an accurate description of How our underlying operational realities work today.

So to deny how that is presents a barrier to progressive programs and services.

So... yes.... if you are blocking the knowledge of how to get a progressive agenda accomplished TODAY you have placed unnecessary blockers in front of saving lives.
More over, if the planet is in such precarious environmental shape, you do not have time to tear it all down, rebuild, hope conservatives and others go along.
MMT destroys conservative objections to progressive policies so we win.

This is why those who fight for MMT are so adamant.
You act like we have all the time in the world.

You act like the poor today have all the time in the world just to wait for you to build enough energy to tear the world down and rebuild it.
We stand for Green Energy. NOW.
We stand for FREE National Health Service NOW
We stand for FREE college NOW.
We stand for expanding Social Security NOW to accommodate a basic income.
We stand for a FEDERAL JOB GUARANTEE to eradicate unwanted unemployment. (Today our government STILL uses NAIRU to keep people unemployed for fear of inflation garbage)
We stand for a full refresh of our national infrastructure.
We stand for eliminating the Military as the employer of last resort.

We stand for saving lives and planet before it is too late

Perhaps someone could explain a PROGRESSIVE rebuttal to why that is bad.

Because that is exactly what we need.
MMT does not preclude Coops

MMT does not prevent local economies

MMT does not stand in the way of passing anti corruption laws.

MMT does not stand in the way of fully funded publicly funded elections.
MMT does NOT do any of that

It also teaches us that we can have nice things IN SPITE of the greedy rich.

It shows how to render them IRRELEVANT.


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More from @sdgrumbine

Mar 17
The pandemic of neoliberalism continues to take more lives than any of us seem prepared to accept.

More than wars.

More than viruses.

And media/party propaganda keeps it going and we are the carriers of the disease...
Every single time we asks the Federal Government "How ya gonna pay for it?" Someone dies for that lie.
Every single time we act as though the Federal Government is at the mercy of taxes to fund Programs someone dies for that lie.
Read 5 tweets
Mar 16
Malta: currency issuer. Malta with a central bank. Malta has the Maltese Lira.
The NHS run by Currency issuing UK with the Bank of England as the currency issuer.
Washington State: Currency user. Cannot issue it's own currency.

Someone isn't talking MMT.
If this isn't a base case that is being ignored... Nothing else is. Read this short, simple to understand PDF by Randall Wray at the Levy Institute of Bard College. Let me know when to break out the white out... The red lining of this document...…
Here is a great video going all the way back to 2010 by @wbmosler the post from 2012.

This is a rudimentary as it gets.
Currency issuer. Currency user.…
Read 9 tweets
Mar 13
Have you ever sat back and wondered why we never see actual progressive policies enacted? Have you ever wondered why we always get stuck at "how are you gonna pay for it?"

Yeah... me too...
That led me to this... and it is the fact...

Our nation is monetarily sovereign... a state currency issuer... the currency is free floating as in not pegged or tied to another currency or commodity like "petrodollars" or "banana dollars" or gold, chicken necks or frog legs.
And Fiat (by decree)... in other words... Our Federal Government is God of the dollar.

Taxes do not fund spending... but they do drive the NEED for our CURRENCY (US Dollars) and ensure that there is a demand for the currency. If you don't have dollars, you can't pay your taxes.
Read 6 tweets
Feb 25
I think that we need to start having incredibly detailed discussions on resourcing. Not just the currency issuer can afford any debt payable in it's own currency.
I think we need to begin seriously considering the dependencies in devising proper legislation. We are always talking about the threshold is not monetary... It is a real resource constraint.
So let's consider a bill like Medicare for All...

Do we have enough clinics, doctors, nurses, phlebotomists, general practitioners, IT infrastructure,. Processes and design procedures? Models for service delivery?
Read 10 tweets
Feb 23
Let's be fair... I can boil the #MMT pushback down to a couple demographics and their baked in need for MMT to be wrong regardless of facts. Let's go...
Academics: when online activists can destroy 50 years of economic malfeasance your work pushed forward in the academy and the journals and in the Ivory Tower... Excuse me... Your class is showing.
Economists in the field: we're unable to get ANY of the major issues correct, but MMT demonstrates your ideas are incorrect and you might lose your place as Grima Würmtongüe at the side of kings because even the proletariat are able to call BS on your work. Based.
Read 14 tweets
Feb 20
Government spends money into existence. It doesn't print money onto pallates to be stored in commercial banks where the Federal Government applies for loans.
It literally spends it into existence. So no "printing money" and then it deletes it from electronic ledgers when it comes in as a tax. Those taxes literally never are reused or ever a funding mechanism for new programs. Deleted. Destroyed. Pushed into oblivion.
Should have posted *ALERT*BEWARE OF ANYTHING (all caps of course) *BEWARE FALSE FLAGS* or some stupid 💩 LIKE 🤣😂 to get these tweets some distance
Read 4 tweets

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