Lmst

Monday's blog post (02/06) is now posted (14:57 EAT) - The neoliberal destruction of Australia's higher education system - https://billmitchell.org/blog/?p=62586 #mmt

@dlakelan
The article was written in 2011 but that takes nothing away from it, makes it no less informative.

Sadly, the HuffPost has become so trashy in its UI, UX, ads (somehow bypassing my iOS ad-blocker), etc.

Here’s a cleaner copy from Warren Mosler’s #MMT blog.

https://moslereconomics.com/2011/09/19/the-umkc-buckaroo-a-curreny-model-for-world-prosperity/

https://www.huffpost.com/entry/the-umkc-buckaroo-a-curre_b_970447

Holy shit. University of Missouri Kansas City #MMT economist actually created a currency for the university and has demonstrated since the 1990s exactly how currency really works.

The last line: "It's also has made it obvious that the world's leaders and their economists are necessarily subversive and/or ignorant. "

How many runways do you see for McEntire ANGB airport in Eastover area (USA) ? : The answer is on https://www.bigorre.org/aero/meteo/kmmt/en #eastover #usa #mcentireangbairport #kmmt #mmt #airport #aviation #avgeek vl

https://www.wacoca.com/news/2538734/ コラム：ドイツ、日本に代わる対外債権国首位の座はつかの間か | ロイター ##G7 #AAA #AMERS #ANLINS #ANV #Asia #ASXPAC #BOJJ #CEEU #CEN #CINV #CLM #CN #DBT #de #DEST:NOJPZTM #EASIA #ECI #eco #ECON #EMEA #EMRG #EUB #EUROP #EZC #FED #Fin #FINS #FINS08 #FRX #G8 #Gen #Germany #GVD #HYD #IGD #IMF #INFU #int #INTAG #INVT08 #JFOR #JLN #jp #KMOVE #MCE #MMT #NAMER #PFUND #POL #REP #STX #TOPCMB #TOPNWS #TRN #US #VOTE #WEU #ドイツ

"History of Modern Monetary Theory" #MMT
https://www.youtube.com/live/JqUDqHYxWUM?si=t8FwUDjAgFq8KU8O

https://www.wacoca.com/news/2538239/ ＥＵ・英国間の貿易・金融協力強化に期待＝英中銀総裁 | ロイター ##fund #AGRI #BISV #BISV08 #BLUX #bnk #BNKS #BNKS1 #BOE #BRXT #BSVC #CDTY #CEN #com. #DEST:NOJPBSM #DEST:NOJPTPM #DEST:NOJPZTM #dip #eco #ECON #EMEA #EU #EUROP #Europe #EuropeanUnion #EZC #Fin #FINREG #FINS #FINS08 #GB #GBE #Gen #IE #INTAG #JFOR #JLN #liv #LU #MCE #MMT #PLCY #POL #REGS #RSBI:REGULATORYOVERSIGHT #TRD #TRN #WEU #ヨーロッパ #欧州 #欧州連合

whatever -
political views -
if-we-the-people -
can resource it --
and we want it -
we can provision -
ourselves -
with it -
And maybe -
that's the real -
wicked-problem -
how do we -
enact a common -
sensing -
of a common -
valuing -
#MMT -
#micropoem

@johnefrancis @LauraleeDukeshire

Which economies are using #MMT today?

I'm so stoked to see this explainer of MMT in The Conversation!
Every Canadian should read this. https://theconversation.com/what-is-modern-monetary-theory-an-economist-explains-how-it-could-help-canada-256868?utm_medium=article_native_share&utm_source=theconversation.com
#CanPoli #MMT

Imagine if you will the following scenario. You beam down onto a planet as a observer from Starfleet and you find a ruler named Bonald Stump who has just invaded Northern Someplace with an army of millions. Of course an army of millions would require extensive food and sleeping quarters and etc. So Stump has hit on the following idea. He makes little PVC disks with a hard to counterfeit holographic 3D depiction of his scrotum. #anarchy #economics #mmt

What is modern monetary theory?
An economist explains how it could help Canada

https://theconversation.com/what-is-modern-monetary-theory-an-economist-explains-how-it-could-help-canada-256868

"MMT is not a one-size-fits-all policy directive, but a framework that emphasizes how governments with currency sovereignty operate. It highlights that real constraints lie in available resources, not in arbitrary budget limits, offering the government new way to think about economic possibilities."

#MMT #Economics #Canada

https://www.wacoca.com/news/2536738/ ＮＺ中銀、6会合連続の利下げ　利下げ幅拡大を予想 | ロイター #Asia #AUNZ #CEN #DEST:NOJPTPM #DEST:NOJPWDM #DEST:NOJPZTM #eco #ECON #int #JFOR #JLN #MCE #MMT #NewZealand #NEWS1 #NZ #RBNZ #TRN #ニュージーランド

https://www.wacoca.com/news/2536639/ カナダの今年度国債発行規模は過去最高に、予算案先送り巡る懸念も | ロイター #AMERS #BOC #ca #CANADA #CEN #DBT #DEST:NOJPBSM #DEST:NOJPTPM #DEST:NOJPZTM #ECI #eco #ECON #GBR #Gen #GFIN #GVD #int #JFOR #JLN #MCE #MMT #MTPIX #NAMER #PLCY #POL #TOPCMB #TOPNWS #TRD #TRN #US #カナダ

Monday's blog post (26/05) is now posted (17:09 EAT) - Japan sales tax debate continues - Reiwa are the only Party that understands the reality - https://billmitchell.org/blog/?p=62574 #mmt

#MMT "Modern Monetary Theory" #EconomicsExplained https://youtu.be/lp0NBod3Hsw?si=Lla2WSytcadOk9BE

@Disputatore @phocks

As the monopoly issuer of the currency, the government is self-funding via money creation.

Below is the first detailed analysis of UK public spending. It shows that "public expenditure is always financed through money creation rather than taxation or debt issuance."

This is true of the UK, USA, Australia, New Zealand and any other monetarily sovereign nation that issues its own currency.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4890683

#MMT