#mmt — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #mmt, aggregated by home.social.
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Eine sinnvolle Alternative wäre eine staatliche Job-Garantie für alle unfreiwillig arbeitslosen, wie sie die Vertreter der MMT (Modern Monetary Theory) fordern.
Finanziert sich praktisch von selbst über die Steigerung der Binnennachfrage, die gerade am Boden liegt - es sei denn, man lässt scheunentorgroße Steuerschlupflöcher offen.Man muss allerdings nicht lange nachdenken, um drauf zu kommen, wer sich dagegen aussprechen würde: Arbeitgeber könnten nicht mehr mit Arbeitslosigkeit drohen, um Löhne niedrig zu halten.
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@kauer Before taxing billionaires, it's probably a good idea to stop shovelling money at them.
If the government stops deliberately producing and nurturing billionaires as they have for the last half century, I'm sure their population will dwindle pretty rapidly.
Honestly, have you _seen_ billionaires? They're obviously not our best and brightest. Left to fend for themselves, the weight of their own ineptitude will be far more efficacious at thinning their numbers than a wee haircut.
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https://www.wacoca.com/life/392515/ 米財務省諮問委員会、翌日物レポ市場への投資案を検討 | ロイター ##us #AMERS #AUCT #BACT #BISV #BIZ #BNK #BNKS #BSVC #CDM #CEN #CORPD #DBT #DBTR #DEST:NOJPBSM #DEST:NOJPTPM #DEST:NOJPZTM #Eco #FED #FIN #FINS #FUND #GEN #GFIN #GVD #INT #INVBIS #investment #JFOR #JLN #MCE #MMT #MTNOT #NAMER #PLCY #POL #TOPCMB #TOPNWS #toshi #TRN #投資
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https://www.wacoca.com/life/392515/ 米財務省諮問委員会、翌日物レポ市場への投資案を検討 | ロイター ##us #AMERS #AUCT #BACT #BISV #BIZ #BNK #BNKS #BSVC #CDM #CEN #CORPD #DBT #DBTR #DEST:NOJPBSM #DEST:NOJPTPM #DEST:NOJPZTM #Eco #FED #FIN #FINS #FUND #GEN #GFIN #GVD #INT #INVBIS #investment #JFOR #JLN #MCE #MMT #MTNOT #NAMER #PLCY #POL #TOPCMB #TOPNWS #toshi #TRN #投資
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https://www.walknews.com/1284299/ イラン戦争、ＦＲＢの金利ガイダンスを制限＝ミネアポリス連銀総裁 | ロイター #AMERS #ANLINS #ASIA #ASXPAC #BREAKINGNEWS #CEN #COM #CWP #DEST:NOJPBSM #DEST:NOJPTPM #DEST:NOJPZTM #ECI #ECO #EMEA #EMRG #FED #FERT #FINREG #GEN #GFIN #GOVACT #GRAPHC #INFL #INT #IR #Iran #JFOR #JLN #MCE #MEAST #MMT #MTGFX #MTPIX #NAMER #PLCY #POL #REGS #RSBI:REGULATORYOVERSIGHT #SWASIA #TGLF #TRACC #TRN #US #WASH #イラン #速報ニュース
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https://www.walknews.com/1284299/ イラン戦争、ＦＲＢの金利ガイダンスを制限＝ミネアポリス連銀総裁 | ロイター #AMERS #ANLINS #ASIA #ASXPAC #BREAKINGNEWS #CEN #COM #CWP #DEST:NOJPBSM #DEST:NOJPTPM #DEST:NOJPZTM #ECI #ECO #EMEA #EMRG #FED #FERT #FINREG #GEN #GFIN #GOVACT #GRAPHC #INFL #INT #IR #Iran #JFOR #JLN #MCE #MEAST #MMT #MTGFX #MTPIX #NAMER #PLCY #POL #REGS #RSBI:REGULATORYOVERSIGHT #SWASIA #TGLF #TRACC #TRN #US #WASH #イラン #速報ニュース
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https://www.walknews.com/1284299/ イラン戦争、ＦＲＢの金利ガイダンスを制限＝ミネアポリス連銀総裁 | ロイター #AMERS #ANLINS #ASIA #ASXPAC #BREAKINGNEWS #CEN #COM #CWP #DEST:NOJPBSM #DEST:NOJPTPM #DEST:NOJPZTM #ECI #ECO #EMEA #EMRG #FED #FERT #FINREG #GEN #GFIN #GOVACT #GRAPHC #INFL #INT #IR #Iran #JFOR #JLN #MCE #MEAST #MMT #MTGFX #MTPIX #NAMER #PLCY #POL #REGS #RSBI:REGULATORYOVERSIGHT #SWASIA #TGLF #TRACC #TRN #US #WASH #イラン #速報ニュース
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https://www.walknews.com/1284299/ イラン戦争、ＦＲＢの金利ガイダンスを制限＝ミネアポリス連銀総裁 | ロイター #AMERS #ANLINS #ASIA #ASXPAC #BREAKINGNEWS #CEN #COM #CWP #DEST:NOJPBSM #DEST:NOJPTPM #DEST:NOJPZTM #ECI #ECO #EMEA #EMRG #FED #FERT #FINREG #GEN #GFIN #GOVACT #GRAPHC #INFL #INT #IR #Iran #JFOR #JLN #MCE #MEAST #MMT #MTGFX #MTPIX #NAMER #PLCY #POL #REGS #RSBI:REGULATORYOVERSIGHT #SWASIA #TGLF #TRACC #TRN #US #WASH #イラン #速報ニュース
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@RichardJMurphy
Hmmm, so in sum, consumers are held hostage to foreign markets (and domestic markets only by association) and the financial systems which operate them, but sovereign currency issuers are not?Doesn’t the ‘exchange’ of goods and services using currency across State boundariews impose financial/monetary discipline on sovereign currency issuers? This has alway been my bugbear about MMT. How does MMT deal with foreign trade?
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RE: https://masto.ai/@GhostOnTheHalfShell/116477968166741558
Strictly speaking, what the federal government collects cannot be classified as tax. Tell me how money that is simply incinerated by accounting fact meet any of these criteria.
tax (tăks)
n.
1. A contribution for the support of a government required of persons, groups, or businesses within the domain of that government.
2. A fee or dues levied on the members of an organization to meet its expenses.
3. A burdensome or excessive demand; a strain. -
@jlou
There is one economic model that might fit your thinking, I remember seeing someone tooting about it a while back, darned if I can remember whom though or what it was called. The word ‘commons’ keeps coming to mind and I recall thinking at the time that this was a #Zombie economic model, an old system dressed up as new.Of note though is that common ownership is already there in the public sphere. All public assets and services are commonly owned and failry democratic in operations (Unions rep are present in most Department management levels — I certainly participated and was very active in Defence). I would not expect any common ownership in private assets though the shareholder model does and that represents a restricted type of common ownership. I’d also contend that there is a level of democracy in annual general shareholders meetings as well.
Workers’ Coops work where the workers (including management) are the only shareholders of the means of production in a capitalist system. This is not new. There are working enterprises structured this way in the UK I believe. That these are not widely implemented speaks to issues and problems (though I’m ignorant of the specific cases or causes). A Communist system does no implement this in any way since everything belongs to the State as it does in a truly fascist system. Socialism is a many faceted beast and might have pockets of workers’ Coops but it would not exclude private enterprises either. All of these have been tried in part or in full and economic history is riddled with their remains. Unlike other economic models, Capitalist systems have been structured and shown to work using the whole gammut of possible structures, from #Slavery to privately owned empires. The same could not be said of other historical economic systems. In my view, the greater the diversity of structures the more likely it is to be a successful economic model as a whole and the greater the benefit to society in the aggregate.
If you can point me to economists proposing new models I’d really appreciate it (ommiting MMT ‘cause I know about that one already). Thank you for the conversation.
#Capitalism #Communism #Socialism #WorkersCoOp #MMT #Fascism #DemocracyInTheWorkplace #Unionism #Commons
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apr 27
3 min
A parable on how to reason about government taxes and spending
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20 min
A breakdown of the privatization of retirement. A good chunk of it falls flat because #MMT is factual.
But in the latter third of the video they discuss how 401(k) programs / privatized pension ones that invest in the stock market are a gigantic cash flow subsidy and capital subsidy to financial sector.
Instead of different pension schemes, we need a UBI for people past a certain age and just be done with it
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What are Taxes for? Really?
Another frustration with trying to understand Modern Monetary Theory:
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Das Glück dieser Erde hängt an der Überwindung des Mythos vom "Steuergeld"!
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... unter anderem. Aber damit wären wir schonmal einen großen Schritt weiter.
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https://www.wacoca.com/life/386681/ 円債は「買い目線」、2兆円弱の償還分全て再投資 残高は横ばい＝かんぽ・26年度運用計画 | ロイター #asia #ASXPAC #BACT #BIZ #BOJJ #CEN #CMPNY #CPAFR #DBT #DEST:NOJPBSM #DEST:NOJPSUM #DEST:NOJPTPM #DEST:NOJPZTM #EASIA #Eco #FIN #FINS #FRGT #FRX #FUND #GVD #INDS #INSR #INT #INTER #investment #JDOM #JLN #JP #LIFINS #LINS #MCE #MMT #STX #toshi #TPT #TRAN #投資
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https://www.wacoca.com/life/386681/ 円債は「買い目線」、2兆円弱の償還分全て再投資 残高は横ばい＝かんぽ・26年度運用計画 | ロイター #asia #ASXPAC #BACT #BIZ #BOJJ #CEN #CMPNY #CPAFR #DBT #DEST:NOJPBSM #DEST:NOJPSUM #DEST:NOJPTPM #DEST:NOJPZTM #EASIA #Eco #FIN #FINS #FRGT #FRX #FUND #GVD #INDS #INSR #INT #INTER #investment #JDOM #JLN #JP #LIFINS #LINS #MCE #MMT #STX #toshi #TPT #TRAN #投資
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https://www.wacoca.com/life/386681/ 円債は「買い目線」、2兆円弱の償還分全て再投資 残高は横ばい＝かんぽ・26年度運用計画 | ロイター #asia #ASXPAC #BACT #BIZ #BOJJ #CEN #CMPNY #CPAFR #DBT #DEST:NOJPBSM #DEST:NOJPSUM #DEST:NOJPTPM #DEST:NOJPZTM #EASIA #Eco #FIN #FINS #FRGT #FRX #FUND #GVD #INDS #INSR #INT #INTER #investment #JDOM #JLN #JP #LIFINS #LINS #MCE #MMT #STX #toshi #TPT #TRAN #投資
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RE: https://mas.to/@therightarticle/116458067539411201
@therightarticle
I think that this may be proof that
a) MMT is right and
b) those government know it.And it implicitly suggests that they don't want us to join the dots to realise we could use money creation powers for good and not just killing people and wreaking bullysome havoc on the world.
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@jensscholz Der Staat bräuchte sich nicht einmal Geld irgendwo holen, denn die Druckerpresse steht im Keller vom Staat.
Durch die Eurozone sieht das alles unendlich viel komplizierter aus, im Endeffekt ist es aber exakt so simpel.
Wenn Du Geburtstagseinladungen verschickst, brauchst Du die auch nicht vorher irgendwem wegnehmen. Genau so funktioniert Fiat-Geld.Alles wofür angeblich kein Geld da ist, sind politische Entscheidungen.
Das heißt nicht, dass wir unbegrenzt alles tun können, was wir wollen, aber der Grund dafür sind endliche reale Ressourcen, nie das fehlende Geld! -
Apr 19
11 min
fixing "taxpayer dollar" false premise.
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RE: https://journa.host/@NatalieDavis/116431801122020899
Understand the true nature of federal tax: it incinerates wealth.
This is the direct consequence of federal spending which creates money in the act. Paying the treasury destroys money.
We need federal spending in order to allow us to be debt free. We are not debt free because of the distribution of spending as well as the rents the super rich inflicted on us.
The distribution of money in the economy matters, but also the distribution of its destruction.
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De neoliberale leugens ontmaskerd: Modern money theory; De overheid heeft jouw belastinggeld niet nodig.
#Neoliberalisme #MMT
https://youtu.be/OLQecDvkeDw?is=3bAUrUTM71yx4P3W -
https://www.walknews.com/1263632/ ドイツ各行と当局、アンソロピックの新ＡＩ巡るリスクを精査 | ロイター #ABS #AMERS #ARTI #BBK #BISV #BNK #BNKS #BNKS1 #BRU #BSVC #CA #CBSEC #CEEU #CEN #CMPNY #DBT #DE #DEST:NOJPBSM #DEST:NOJPTPM #DLI #ECB #ECO #EMEA #EU #EUROP #EZ #EZC #FED #FIN #FINREG #FINS #FRX #GB #GEN #Germany #GVD #INTAG #ITEC #JFOR #JLN #JPTOPIC:BUSINESSTECHAI #MCE #MMT #NAMER #PLCY #POL #POTUS #PUBL #REGS #RSBI:REGULATORYOVERSIGHT #SCI #SOCI #TOPCMB #TOPNWS #TRN #US #WASH #WEU #WWW #ドイツ
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https://www.walknews.com/1263632/ ドイツ各行と当局、アンソロピックの新ＡＩ巡るリスクを精査 | ロイター #ABS #AMERS #ARTI #BBK #BISV #BNK #BNKS #BNKS1 #BRU #BSVC #CA #CBSEC #CEEU #CEN #CMPNY #DBT #DE #DEST:NOJPBSM #DEST:NOJPTPM #DLI #ECB #ECO #EMEA #EU #EUROP #EZ #EZC #FED #FIN #FINREG #FINS #FRX #GB #GEN #Germany #GVD #INTAG #ITEC #JFOR #JLN #JPTOPIC:BUSINESSTECHAI #MCE #MMT #NAMER #PLCY #POL #POTUS #PUBL #REGS #RSBI:REGULATORYOVERSIGHT #SCI #SOCI #TOPCMB #TOPNWS #TRN #US #WASH #WEU #WWW #ドイツ
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https://www.walknews.com/1263632/ ドイツ各行と当局、アンソロピックの新ＡＩ巡るリスクを精査 | ロイター #ABS #AMERS #ARTI #BBK #BISV #BNK #BNKS #BNKS1 #BRU #BSVC #CA #CBSEC #CEEU #CEN #CMPNY #DBT #DE #DEST:NOJPBSM #DEST:NOJPTPM #DLI #ECB #ECO #EMEA #EU #EUROP #EZ #EZC #FED #FIN #FINREG #FINS #FRX #GB #GEN #Germany #GVD #INTAG #ITEC #JFOR #JLN #JPTOPIC:BUSINESSTECHAI #MCE #MMT #NAMER #PLCY #POL #POTUS #PUBL #REGS #RSBI:REGULATORYOVERSIGHT #SCI #SOCI #TOPCMB #TOPNWS #TRN #US #WASH #WEU #WWW #ドイツ
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https://www.walknews.com/1263632/ ドイツ各行と当局、アンソロピックの新ＡＩ巡るリスクを精査 | ロイター #ABS #AMERS #ARTI #BBK #BISV #BNK #BNKS #BNKS1 #BRU #BSVC #CA #CBSEC #CEEU #CEN #CMPNY #DBT #DE #DEST:NOJPBSM #DEST:NOJPTPM #DLI #ECB #ECO #EMEA #EU #EUROP #EZ #EZC #FED #FIN #FINREG #FINS #FRX #GB #GEN #Germany #GVD #INTAG #ITEC #JFOR #JLN #JPTOPIC:BUSINESSTECHAI #MCE #MMT #NAMER #PLCY #POL #POTUS #PUBL #REGS #RSBI:REGULATORYOVERSIGHT #SCI #SOCI #TOPCMB #TOPNWS #TRN #US #WASH #WEU #WWW #ドイツ
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Happy wealth incineration day for all who celebrate. DC continues to top off the net worth of people with 7 to 9 digits in their net worth, who pay no tax.. Their wealth grows while ours is sent to the incinerator
Our assigned lot is the janitorial task diminishing with our few pennies the great Niagara of money spent into the pockets of people like Elon Musk and Jeff Bezos.
Can you feel the waves of emotion for this very special day?
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https://www.walknews.com/1262971/ ＥＣＢ、銀行の資本要件巡り発言権拡大求める | ロイター #ABS #BISV #BNK #BNKCAP #BNKS #BRU #BSVC #CEN #DBT #DEST:NOJPBSM #DEST:NOJPTPM #DEST:NOJPZTM #ECB #ECO #EMEA #EU #EUROP #Europe #EuropeNews #EuropeanUnion #EZ #FIN #FINREG #FINS #FRX #GEN #GVD #INTAG #JFOR #JLN #MCE #MMT #PLCY #POL #REGS #RSBI:REGULATORYOVERSIGHT #TOPCMB #TOPNWS #TRN #ヨーロッパ #ヨーロッパニュース #欧州 #欧州連合
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https://www.walknews.com/1262971/ ＥＣＢ、銀行の資本要件巡り発言権拡大求める | ロイター #ABS #BISV #BNK #BNKCAP #BNKS #BRU #BSVC #CEN #DBT #DEST:NOJPBSM #DEST:NOJPTPM #DEST:NOJPZTM #ECB #ECO #EMEA #EU #EUROP #Europe #EuropeNews #EuropeanUnion #EZ #FIN #FINREG #FINS #FRX #GEN #GVD #INTAG #JFOR #JLN #MCE #MMT #PLCY #POL #REGS #RSBI:REGULATORYOVERSIGHT #TOPCMB #TOPNWS #TRN #ヨーロッパ #ヨーロッパニュース #欧州 #欧州連合
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https://www.walknews.com/1262971/ ＥＣＢ、銀行の資本要件巡り発言権拡大求める | ロイター #ABS #BISV #BNK #BNKCAP #BNKS #BRU #BSVC #CEN #DBT #DEST:NOJPBSM #DEST:NOJPTPM #DEST:NOJPZTM #ECB #ECO #EMEA #EU #EUROP #Europe #EuropeNews #EuropeanUnion #EZ #FIN #FINREG #FINS #FRX #GEN #GVD #INTAG #JFOR #JLN #MCE #MMT #PLCY #POL #REGS #RSBI:REGULATORYOVERSIGHT #TOPCMB #TOPNWS #TRN #ヨーロッパ #ヨーロッパニュース #欧州 #欧州連合
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https://www.walknews.com/1262971/ ＥＣＢ、銀行の資本要件巡り発言権拡大求める | ロイター #ABS #BISV #BNK #BNKCAP #BNKS #BRU #BSVC #CEN #DBT #DEST:NOJPBSM #DEST:NOJPTPM #DEST:NOJPZTM #ECB #ECO #EMEA #EU #EUROP #Europe #EuropeNews #EuropeanUnion #EZ #FIN #FINREG #FINS #FRX #GEN #GVD #INTAG #JFOR #JLN #MCE #MMT #PLCY #POL #REGS #RSBI:REGULATORYOVERSIGHT #TOPCMB #TOPNWS #TRN #ヨーロッパ #ヨーロッパニュース #欧州 #欧州連合
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https://www.wacoca.com/news/2813786/ ＥＣＢ、銀行の資本要件巡り発言権拡大求める | ロイター #ABS #BISV #bnk #BNKCAP #BNKS #BRU #BSVC #CEN #DBT #DEST:NOJPBSM #DEST:NOJPTPM #DEST:NOJPZTM #ECB #eco #EMEA #EU #EUROP #Europe #EuropeanUnion #EZ #Fin #FINREG #FINS #FRX #Gen #GVD #INTAG #JFOR #JLN #MCE #MMT #PLCY #POL #REGS #RSBI:REGULATORYOVERSIGHT #TOPCMB #TOPNWS #TRN #ヨーロッパ #欧州 #欧州連合
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https://www.wacoca.com/news/2813786/ ＥＣＢ、銀行の資本要件巡り発言権拡大求める | ロイター #ABS #BISV #bnk #BNKCAP #BNKS #BRU #BSVC #CEN #DBT #DEST:NOJPBSM #DEST:NOJPTPM #DEST:NOJPZTM #ECB #eco #EMEA #EU #EUROP #Europe #EuropeanUnion #EZ #Fin #FINREG #FINS #FRX #Gen #GVD #INTAG #JFOR #JLN #MCE #MMT #PLCY #POL #REGS #RSBI:REGULATORYOVERSIGHT #TOPCMB #TOPNWS #TRN #ヨーロッパ #欧州 #欧州連合
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https://www.wacoca.com/news/2813786/ ＥＣＢ、銀行の資本要件巡り発言権拡大求める | ロイター #ABS #BISV #bnk #BNKCAP #BNKS #BRU #BSVC #CEN #DBT #DEST:NOJPBSM #DEST:NOJPTPM #DEST:NOJPZTM #ECB #eco #EMEA #EU #EUROP #Europe #EuropeanUnion #EZ #Fin #FINREG #FINS #FRX #Gen #GVD #INTAG #JFOR #JLN #MCE #MMT #PLCY #POL #REGS #RSBI:REGULATORYOVERSIGHT #TOPCMB #TOPNWS #TRN #ヨーロッパ #欧州 #欧州連合
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https://www.wacoca.com/news/2813786/ ＥＣＢ、銀行の資本要件巡り発言権拡大求める | ロイター #ABS #BISV #bnk #BNKCAP #BNKS #BRU #BSVC #CEN #DBT #DEST:NOJPBSM #DEST:NOJPTPM #DEST:NOJPZTM #ECB #eco #EMEA #EU #EUROP #Europe #EuropeanUnion #EZ #Fin #FINREG #FINS #FRX #Gen #GVD #INTAG #JFOR #JLN #MCE #MMT #PLCY #POL #REGS #RSBI:REGULATORYOVERSIGHT #TOPCMB #TOPNWS #TRN #ヨーロッパ #欧州 #欧州連合
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https://www.wacoca.com/news/2813786/ ＥＣＢ、銀行の資本要件巡り発言権拡大求める | ロイター #ABS #BISV #bnk #BNKCAP #BNKS #BRU #BSVC #CEN #DBT #DEST:NOJPBSM #DEST:NOJPTPM #DEST:NOJPZTM #ECB #eco #EMEA #EU #EUROP #Europe #EuropeanUnion #EZ #Fin #FINREG #FINS #FRX #Gen #GVD #INTAG #JFOR #JLN #MCE #MMT #PLCY #POL #REGS #RSBI:REGULATORYOVERSIGHT #TOPCMB #TOPNWS #TRN #ヨーロッパ #欧州 #欧州連合
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Ich könnte die @tagesschau als Medienakteur ernst nehmen, wenn sie ihren Job machen und die Annahmen hinter dieser Meldung hinterfragen würde.
Tut sie aber nicht, sondern übernimmt ohne Not das neoliberale Framing, nach dem kein Geld da wäre.
Das ist absoluter Blödsinn! Jeder ins Gesundheitswesen investierte Euro würde sich mehrfach auszahlen, "die Wirtschaft" in Schwung bringen und sich, eine vernünftige Steuerpolitik vorausgesetzt, absolut selbst finanzieren.
Dass öffentliche Güter wie die Gesundheit, die Bahn, Schulen ... runtergerockt werden, während Milliardäre und fossiles Kapital weiter gepampert werden, ist eine politische Entscheidung. Über die gilt es zu reden, nicht über einen imaginierten Sparzwang.
Wo bleibt unser verdammter Mamdani-Moment, in dem wer auch immer eine anschlussfähige, realistische Zukunftsvision aufmacht, aus der Erkenntnis heraus, dass an mit der Bewältigung tatsächlicher Probleme Wahlen gewinnen kann?
https://ard.social/@tagesschau/116407542944890572#Warken #Gesundheit #neoliberalismus #Demokratie #MMT #DoughnutEconomics
