#MoneyCreation

Eric Maugendremaugendre@mas.to
2025-05-12

Government "deficit spending" is the nation-state creating money (out of thin air) and exchanging it.

The payroll tax (FICA) does not fund Social Security or Medicare. Like all other federal agencies, those agencies are funded by dollars created on purpose by the government (using laws from Congress) and placed in their accounts by the Treasury.

#FederalDeficit #fiatMoney #deficitSpending #moneyIssuance #moneyCreation #monetaryTheory #quotes #deficit #CentralBank #CentralBanks #Treasury #MMT

Eric Maugendremaugendre@mas.to
2025-05-12

“The government can always finance its spending by creating money.”
~Hyman Minsky, economist

#fiatMoney #deficitSpending #moneyIssuance #moneyCreation #monetaryCreation #monetaryTheory #slogan #quotes #deficit #Fed #CentralBank #CentralBanks #Treasury #MMT

Eric Maugendremaugendre@mas.to
2025-04-28

“A sovereign government does not need to collect taxes or issue bonds to finance spending. It finances directly through money creation.”

– Eric Tymoigne is an associate professor of economics at Lewis & Clark College, NY, who specializes in the fields of #money and #banking, monetary theory, and financial macroeconomics

@economics

#fiatMoney #moneyIssuance #moneyCreation #monetaryCreation #monetaryTheory #slogan #quotes #debt #deficit #Fed #CentralBank #CentralBanks #Treasury #currency #MMT

2025-04-18

Musk talking about ”Magic Money Computers” is like a toddler not understanding how banks and governments have been creating money since ages.

Welcome to the real world, Elon.

youtube.com/watch?v=oh9hmVJapC
#money #debt #moneycreation #economics

2025-01-26

Prof. Steve Keen

Inflation does not correspond with government debt. There is no correlation in the data for US economy over a century. If anything, the correlation is negative.

Where there is a correlation, it’s with private debt and oil prices.

Yet I’ve heard all my life, people on the right go endless on about how government debt creates inflation.

It’s almost as if they were doing it on purpose, hiding the real culprits

#economics #inflation #debt #moneycreation
youtube.com/watch?v=CwCjgKmE0n

2024-12-30

@profstevekeen explains how the model Elon Musk and other #governmentspending cutters use to inflict #austerity on us is wrong.

It’s based on false ideas about economy from the middle ages.

For us living in the 21st century, government borrowing to finance the deficit is a sustainable system because of central banks and private banks are constantly creating money.

Boom! Abundance, not scarcity!
Fiat money rocks 🙂
#economy #deficit #moneycreation
youtube.com/watch?v=pGAhw6j2yi

WDR 21.03.1729: Wie John Law mit einem Papiergeldsystem Frankreich retten wollte
youtube.com/watch?v=lIrob0IKA3A
John Law of Lauriston oder französisch John Law de Lauriston (* 16. April 1671 in Edinburgh; † 21. März 1729 in Venedig) war ein schottischer Nationalökonom und Bankier.
de.wikipedia.org/wiki/John_Law
britannica.com/biography/John-
Mississippi Bubble
britannica.com/money/Mississip
John Law and the Mississippi Bubble: 1718-1720
mshistorynow.mdah.ms.gov/issue

Αλέξιοalexio
2023-03-28

Government bond emission as a form of money creation: The role of state financing in steering economic activity 🏛️💸🏗️🛤️🏨🔬

alexanderbarta.substack.com/p/

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