Thread by @rovingserb

@KimDotcom People, learn about the bloody #MMT already! Governments can NEVER go bankrupt. If they do it's solely because of their CHOICE! What's causing inflation is not money printing, but its misuse for anti-societal purposes, instead of investing in the real life needs. 1/n

@KimDotcom Government's "deficit" is simply just how money is created (you and I cannot print money), a tax-credit if you will. "Our taxes" on the other hand, do NOT pay for ANYTHING on the federal level, they just serve to pull back excess money from circulation, thus creating a DEMAND 2/n

@KimDotcom for it, maintaining the said currency value and stability. Even the countries which are not entirely sovereign when it comes to food and energy production, can function by investing "printed" money in REAL LIFE economy: infrastructure, manufacturing, education, healthcare... 3/n

@KimDotcom Check the example of Iceland
4/n

@KimDotcom and start learning about Modern Monetary Theory, #MMT, you can start here, resources are abundant 5/n

@KimDotcom Deciding to be stupid has the real life consequences. Instead of just glooming and dooming from the comfort of your 'Twitter chair', learn something instead and help educate your audience. Here are some more sources on #MMT 6/n

@KimDotcom MMT in Europe with prof. Dirk Ehnts 7/n

@KimDotcom What Really Causes Inflation 8/n

@KimDotcom How Money was Invented 9/n

@KimDotcom Debt: The First 5000 Years - David Graeber 10/n

@KimDotcom So, ppl (and @KimDotcom), start thinking outside the box, learn and teach about possible positive, life-affirming outcomes for humanity, don't let your "common sense" be, in fact, a common NONSENSE and our eventual death sentence. Cheers. /End

@KimDotcom @TheReaderapp please unroll

@KimDotcom @threadreaderapp please unroll