Peter Labrie Profile picture
May 4, 2024 18 tweets 7 min read Read on X
02MAY24f

CLIP: We hear a lot about the national debt.
But do currency-issuing governments really ‘borrow' their own currencies?
The answer might surprise you.

FindingMoneyDoc/status/1786050601236779078




- threadreaderapp.com/thread/1786050…
peter03102.com/TFiles/#02MAY2…
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JARED BERNSTEIN @econjared46
Chair of the United States Council of Economic Advisers
@econjared46 In February 2023, President Joe Biden nominated Bernstein to serve as Chair of the Council of Economic Advisers despite not having a formal background in economics.



- en.wikipedia.org/wiki/Jared_Ber…
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@econjared46 Council of Economic Advisers


charged with providing the President objective economic advice on the formulation of both domestic and international economic policy.

- whitehouse.gov/cea/
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@econjared46 Biden economic advisor Jared Bernstein turns into bumbling mess after he's asked why the government borrows money if they can just keep printing it.

We are so screwed.

CollinRugg/status/1786467722790048050

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@econjared46 Part of the clip with subtitles on the video.
@econjared46 BIDENOMICS: The reason the economy is imploding might be because this guy, Jared Bernstein, Chair of Biden’s Council of Economic Advisors is setting our economic policy. His background? Bachelors in Music and Doctorate in Social Welfare.

amuse/status/1786386104200896569

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@econjared46 Federal Reserve 1/2

About the Fed

The Federal Reserve System is the central bank of the United States.



[there is an interesting video to watch]

- federalreserve.gov/aboutthefed.htm
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@econjared46 Federal Reserve 2/2

Federal Reserve Board of Governors

appointed by the President and confirmed by the Senate

provides general guidance for the Federal Reserve System and oversees the 12 Reserve Banks. The Board reports to and is directly accountable to the Congress

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@econjared46 "If [Biden] is re-elected, how long would it take for prices to come down?"

Top Biden economic advisor Jared Bernstein: Uhh...
@econjared46 JackPosobiec on Biden’s chief economic advisor Jared Bernstein: "This guy, by the way, doesn't actually have a background in economics"
@econjared46 Don’t worry, Chair of the White House Council of Economic Advisers. Let the president of El Salvador explain U.S. money printing for you
@econjared46 Finding the Money OFFICIAL TRAILER


An intrepid group of economists is on a mission to instigate a paradigm shift by flipping our understanding of the national debt — and the nature of money — upside down.

-
@econjared46 Stephanie Kelton - “Finding the Money” & “The Deficit Myth” | The Daily Show


professor of economics and public policy, talks __ about changing our understanding of government spending through MMT, or Modern Money Theory.

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@econjared46 Biden's Economic Adviser Tries and Fails To Explain How Money Works


Jared Bernstein, economic adviser to President Joe Biden, struggles to explain why the U.S. government chooses to borrow money when it can just print more.

[the clip on YouTube]

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@econjared46 The Ponzi Scheme of Printing Money [Explained]


Kevin is a licensed financial advisor, active ETF manager, real estate broker, former lender, former licensed contractor, and educator.

-
@econjared46 Stephanie Kelton: The big myth of government deficits | TED


Government deficits have gotten a bad rap, says economist Stephanie Kelton.

"We have the resources we need to begin repairing our broken systems," Kelton says.
-
@econjared46 Just to be perfectly clear, finding government officials who do understand the monetary system/monetary operations is a lot harder than finding those who don't.

StephanieKelton/status/1786823893698703517

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More from @peter03102

Sep 11
The attack on Charlie Kirk is disgusting, vile, and reprehensible. In the United States of America, we must reject political violence in EVERY form.

- Gavin Newsom

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We should all feel a deep sense of grief and outrage at the terrible violence that took place in Utah today. Charlie Kirk's murder is sick and reprehensible, and our thoughts are with his family, children, and loved ones.

- Governor Gavin Newsom [California]

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The attack on Charlie Kirk is appalling and unacceptable. Political violence has no place in a free society. No one should have to experience nor witness such trauma.

My thoughts are with Charlie and his family.

- Jennifer Siebel Newsom

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Read 5 tweets
Sep 8
You guys wanted the mainstream media to cover Iryna Zarutska’s murder?!

Well here it is!

- Breanna Morello
- Independent Journalist
- 10+ years in the mainstream media
- Fluent in sarcasm
- Fox, Newsmax, ESPN+

[NOTE: Iryna Zarutska, fatal attack, Charlotte, NC]

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Axios talks about MAGA Influencers first and then mentions Iryna Zarutska as an afterthought.

"sea of attacks on Video Surveillance, Social Media, X, X followers, President Donald Trump, Elon Musk, Stephen Miller, Charlie Kirk, Mike Lee, Michael Whatley"

- Peter Labrie

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A large section on the Daniel Penny case detailing a while man killing a black man. Race is an issue here.

- Peter Labrie

[NOTE: I meant "White Man"]

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Read 4 tweets
Aug 10
[Dean Cain and ICE have sparked my interest.]

JOIN ICE!!
We need your help to protect 🇺🇸
25 years to old to join ICE!

- J Sadowsky

I am a sworn Deputy Sheriff... never said I joined ICE. Watch the video --

- Dean Cain

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Dean Cain DID NOT join ICE!

- ToniC

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Read 24 tweets
Aug 9
Texas Quorum/Redistricting Part 3

--

Part 1 > 04AUG to 06AUG 2025

My Democratic colleagues and I just left the state of Texas to break quorum and stop Trump’s redistricting power grab.
peter03102/status/1952360657011056784


-
threadreaderapp.com/thread/1952360…
Reviewing Texas Quorum/Redistricting

Part 2 > 07AUG to 07AUG 2025

peter03102/status/1953511442117742838


"Eventually, you WILL come back."
threadreaderapp.com/thread/1953511…
Attor­ney Gen­er­al Ken Pax­ton and Speak­er Dustin Bur­rows Take Action to Enforce Arrest War­rants


[They have] filed a legal complaint in the State of California to enforce arrest warrants issued by the Texas House of Representatives

-texasattorneygeneral.gov/news/releases/…Image
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Read 33 tweets
Aug 7
Texas Quorum/Redistricting Part 2

--

Part 1 > 04AUG to 06AUG 2025

My Democratic colleagues and I just left the state of Texas to break quorum and stop Trump’s redistricting power grab.
peter03102/status/1952360657011056784


threadreaderapp.com/thread/1952360…
Texas DPS and the FBI are tracking down the derelict Democrats.

They will be taken directly to the Texas Capitol.

- Governor Greg Abbott

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Those who received benefits for skipping a vote face removal from office and potential bribery charges.

In Texas, there are consequences for your actions.
Read 38 tweets
Aug 4
My Democratic colleagues and I just left the state of Texas to break quorum and stop Trump’s redistricting power grab.

Trump is trying to rig the midterm elections right before our eyes. But first he’ll have to come through us.
It’s time to fight back.

This is the rot at the core of our broken political system.

- James Talarico, Texas State Representative (D)

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Donald Trump is trying to rig the next election.

He told Republicans to redraw the political maps in Texas to give himself 5 more seats and protect his majority in Congress.
Read 55 tweets

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