Prue Plumridge
@prueplum
Followers
1,743
Following
913
Media
1,175
Statuses
24,184
Used to enjoy cooking, walking and writing poetry until politics and MMT intervened.
Maldon
Joined March 2012
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
taylor
• 276018 Tweets
Jesus is Lord
• 135940 Tweets
River
• 115000 Tweets
#MiamiTSTheErasTour
• 105141 Tweets
#SmackDown
• 64537 Tweets
自民党本部
• 44949 Tweets
Botafogo
• 37425 Tweets
首相官邸
• 36664 Tweets
Duke
• 33922 Tweets
Undertaker
• 28660 Tweets
STREAM PARTY EXPRESS
• 27626 Tweets
GALA EN HAVEN
• 25174 Tweets
Florida State
• 16973 Tweets
Nacho
• 15623 Tweets
Cruzeiro
• 14258 Tweets
NEW REP BODYSUIT
• 14070 Tweets
Jey Uso
• 12490 Tweets
Motor City Machine Guns
• 12364 Tweets
eleanor
• 11307 Tweets
MCMG
• 10772 Tweets
Pinned Tweet
"Where were you" they will be asking us "when this was happening? What did you do to stop it?"
"Where were you" they will be asking us "when this was happening? What did you do to stop it?"
270
3K
8K
0
10
17
"The real message conveyed in this film is that the Labour Party is no alternative to the Conservatives – it serves the ruling class and is led by someone every bit as devious as Boris Johnson, if not more so."
90
738
2K
This level of ignorance is unforgivable when you understand the consequences of such thinking. The idea that there is a finite pot of money generated by tax which in turn demands choices about how it is distributed. The idea that public sector services are dependent on... 1/4
Wes Streeting: "Every penny we put into the NHS comes at the expense of other worthy causes, whether child poverty reduction, spending in schools"
Under Labour you can have a well funded NHS or you can lift kids out of poverty, but you can't have both.
919
497
1K
41
405
1K
Just a little comment about what those voting Labour voted for knowingly or not. For starters they can kiss goodbye to what's left of a publicly funded, managed and delivered NHS. Everything will be up for sale. Fiscal rules will seal the deal.
It is infinitely . ../
19
348
626
Why did Kate Osamor feel the need to apologise for her reference to the genocide going on in Gaza? One shouldn't apologise for speaking the truth. Never again means never again for everyone.
20
104
405
You don't fix the foundations with austerity. You don't fix the foundations by punishing those with the least. You don't fix the foundations by ordering gvt departments to find 'savings', (cuts are the operative word.)
You don't fix the foundations by claiming that there is ../
15
161
329
This is not ignorance. Politicians cannot in these days be unaware of MMT. Of how gvts really spend. Instead, they prefer to deny children a nutritious diet which keeps them healthy and able to learn, all based on the lie that there is no money. Shame on you Rachel Reeves.
"Whats you opinion on free schol meals for children?"
Rachel Reeves: "Its one of those things I just can't see where the moneys going to come from"
Clip from July
569
1K
2K
41
193
316
way. Learn
#MMT
. If there's money for wars, to feed the profit streams of the arms industry and Lady Mone, there's money for a better future for all.
6
67
252
Wes Streeting with echoes of Blair. "I don’t want working class people in pain: so I’d use private hospitals to bolster the NHS."
How about I'd fund the NHS properly, train more nurses, doctors and health professionals, and invest in more beds, facilities and equipment?
16
88
223
I don't usually write about personal stuff here. My parents both died during Covid in very difficult circumstances. To read that Sunak and Johnson were happy to let people die was painful but not a shock. I knew already. But it should confirm all we need to know about the .../
20
74
209
which is based on an unfair distribution of wealth and real resources through the cold and calculating use of the lie that gvt has no money of its own. According to this, people must sacrifice their future on the pyre of austerity. Don't die for a lie. There is another...3/4
1
37
213
"MMT strips way the veil of neo-liberal ideology that mainstream macroeconomists use to restrict government spending.
We learn that these contraints are purely voluntary and have no intrinsic status. This allows us to understand that governments lie../
6
105
202
Dear IFS
Stop misleading the public.
It won't cost the Exchequer a bean since the gvt is the issuer of its own currency. As such it doesn't have to fund pensions out of taxes as you imply. Today's taxpayers are not funding today's retired any more than tomorrow's taxpayers.../2
NEW: Delaying planned increase in state pension age by seven years from 2037-39 to 2044-46 will likely cost the Exchequer more than £60 billion.
Read our new briefing here >
23
12
30
6
131
203
Pleased to get my letter published in the local paper.
"In these difficult times and in the light of the recent budget, it is surely right for people to start questioning the narrative that there is no money, and that the tight grip on the public finances promised by both..../2
21
79
182
generating growth to be able to afford the services which form the foundation for a functioning economy, social cohesion and well-being. Talk about back to front. The only conclusion one can draw in this information age is that this is about maintaining an economic system ...2/4
2
32
185
Mr Streeting is telling porky pies. The health service can only go bankrupt if the gvt allows it to. If the system is not working that is a political choice as would be employing the private healthcare sector. If there is any betrayal then it can be ascribed to a ..../
10
106
170
"Truth be told, the left has no influence whatsoever anymore and there is no prospect that it ever will. The mechanisms that enabled Jeremy to be elected leader, or allowed me to become a Labour MP have been obliterated. Not only will a leftwinger never be allowed to ..../
12
47
155
To those purporting to be left wing but who are still firmly attached to Thatcher's mantra of how gvt spends, or who refer to MMT as 'snake oil', should give their heads a wobble. While they pick holes in a valid description of how gvt spends and argue ../
7
60
156
Here's the story in headlines.The BBC reports that Reeves says there's not a huge amount of money. The Independent writes that Labour is set to announce big cuts to public spending. But hey presto in the Guardian Starmer says there's £3bn a year for Ukraine for as long .../
4
98
155
The established order speaks in unison to deceive us into believing that gvt is powerless and needs private sector money to function. In this article, a ringing endorsement of private interests, Will Hutton says he knows where to get the money from for Labour to fund its .../
8
75
148
As if the people of Europe haven't suffered enough already from such murderous thinking. Yet another crime against the people of Europe is being proposed by institutions and politicians who won't be suffering any austerity themselves but are happy to pursue it to cause yet .../
21
59
143
You'd think from listening to Rachel Reeves clearly wearing her serious, "I'm an economist from the BofE hat" that she's some sort of fiscal hero who will be riding to the rescue of an ailing economy. In truth it is the exact opposite. It is a shameless manipulation of a /...
Martin Lewis puts it to Rachel Reeves that Labour is choosing not to scrap the two child benefit cap and lift hundreds of thousands of children out of poverty.
Martin also mentions 'Sir Kid Starver'
#GMB
126
268
860
5
73
141
"There is no such thing as public money. There is only taxpayer money." No matter what happens to public infrastructure, no matter how many people are hurt by household budget economics, the politicians and media keep playing the same old record, banging the
14
62
143
Funny that. Reeves says there's not a huge amount of money but hey presto they can always whistle up plenty for war just like that. It's about priorities and the citizens of this country aren't one.
11
93
142
Starmer pledges to cause more harm to public infrastructure and people's lives.
"I can’t pretend that we could turn the taps on, pretend the damage hasn’t been done to the economy – it has,”. “There’s no magic money tree that we can waggle the day after the election." .../2
39
66
136
If the world is at a tipping point it's not because of gvt 'borrowing binges', or the levels of public debt, and nor are gvts left unable to fund public services because of it. It was not public debt that led to previous financial crises, it was private debt and the casino ../2
11
64
135
Anyone intending to vote for Labour at this point should have a little talk with themselves. According to Reeves "The next Labour government will unashamedly champion the UK’s financial services sector." There you have it written in black and white.
18
84
136
I keep seeing posts by people clamouring to rejoin the EU. Just wondering if they mean the same neoliberal institution that sold its soul to the corporate devil, that has impoverished its own citizens through its monetary policies and austerity, and harmed global south ../
12
55
135
I have a much better idea. Why not use the gvt's currency issuing powers to fund local authorities so they can provide the essential services that our communities need to function?
This represents just more wanton destruction of local infrastructure.
11
68
127
If people wonder why I share so much of what is happening in Gaza and the West Bank it is because it is the only way I can express my solidarity with the Palestinian people, the revulsion I feel about what is happening there and my disgust at the complicity of western leaders.
9
62
118
Housewife Reeves doing the sums again. You can guess where this is going. Justification for higher taxes perhaps or cuts to spending on vital public infrastructure?
But 'fixing the foundations of the economy' isn't about fixing the public finances first. It's about gvt../
5
68
122
"Deficits are simply how money gets into the world and taxation is how it is taken out. National debt is simply the sum total of all the money put into the world. That information sounds meaningless because it is. Making sense of it requires understanding that it is .../
5
45
115
"Tough times ahead to fix the Tory ruins." Ah, do you get it yet? Labour proposing the same medicine that the Tories employed. If the Tories left a societal "black hole", that was a political decision arising from the austerity measures which were designed specifically../
3
54
120
Dear Unions. Stop with the bs. Buying into Thatcher's lie that gvt depends on taxpayer's money to spend. It will hurt the very people you claim to be acting for. Tax the super rich for equity and to reduce their power and influence instead.
6
61
117
Voting Labour or Tory is a vote for austerity. Let me explain. Local gvt is a currency user, it is limited in its spending to local taxes, central gvt funding or using its finite reserves. Central gvt has cut that funding as a political choice, not a financial one and ... 1/11
8
69
119
Gather round for fairy story time.
According to Neil's article the bond markets are where "governments go to borrow money from investors [...] when their spending plans exceed the amount they are able to raise in tax."
We need he says to free ourselves from their tyranny ../2
16
58
116
If there is an enemy to be afraid of it is not Russia or China. It is our own political establishment. A political establishment that hates its own citizens so much it is happy to further undermine the foundations of our society on the basis of a lie, driven by a wicked..../
"Jeremy Hunt has defended plans to slash civil service jobs to increase defence spending and Ukraine aid, during a surprise trip to Kyiv.
The chancellor said cutting public services will cost "a great deal less" compared to allowing Russia to succeed."
12
13
25
2
75
116
stand as the Labour leader in the future, no leftwinger will ever be allowed to even become a Labour parliamentary candidate."
2
39
111
Just to be clear here too, that whilst money is infinite spending is always constrained by real resources. The questions are: what real resources do we have (people and those employed in production of goods and services), how should they be distributed and to whose benefit.
3
16
109
Labour is considering revising its plans to 'borrow' £28bn a year to invest in green jobs and industry because they fear the Conservatives will use the policy to attack it in the general election campaign.
Firstly, and to repeat, gvt is the currency issuer so why.... 1/11
10
58
105
The handy gvt propaganda channel predictably keeping the public in thrall to the fairy tale that describes public debt as "the stockpile of money borrowed by the government over the years to fund its spending."
Let's put them right. The gvt is the currency issuer. It /...
12
59
102
"The establishment who maligned Corbyn as a traitor, and a spy, and an antisemite, did so not because these things were true but because the former Labour leader was a threat to their wealth and privilege."
My latest: Liz Truss’ promotion to PM, immediately after Johnson's festival of cronyism and corruption, shows the system is breaking down ideologically just as surely as the infrastructure of supply chains and gas pipelines is breaking down materially
2
35
83
3
48
101
"The head of one of Europe’s biggest insurers, France’s Axa, has said that the deepening crisis facing the UK’s NHS will present “quite a few business opportunities”, as the financial group expands its private healthcare services."
14
126
104
"The economy could have crashed if winter fuel payments for pensioners weren't cut, Labour minister claims"
Not only is it a claim without any basis in fact but such thinking leads to economic hardship for those who can least bear it, and to unnecessary deaths. That is the .../
6
73
102
It's all very well for Reeves to talk about mandatory housebuilding targets but without asking the questions do we have the real resources in materials and the skilled workers - bricklayers, plumbers, carpenters to do it, it will be doomed to failure.
19
45
101
You don't fix the economy with fiscal rules, tough decisions or more austerity. You fix the economy by using gvt's currency, taxation and legislative powers to invest in public infrastructure and create a fairer distribution of real resources.
We are taking the tough decisions now to fix the foundations, so we can rebuild Britain and make every part of the country better off.
4K
289
2K
15
47
99
"Who governs, is a major issue of our times. The mechanics are that people vote and elect governments, but reality is that corporations and wealthy elites shape public policies. The people’s vote is used to legitimise the state-corporation nexus. It is hard to recall any.../
Execs from BlackRock, Macquarie, HSBC, Lloyds, Brookfield Asset Management, Blackstone & others have easy access to UK Ministers
Govt will deregulate finance industry -that's what happens when corporations hold govts to ransom
How long to the next crash?
54
604
878
5
55
100
The debt doomsters are alive and well. Rattling the debt cage to justify more austerity, keep us all in line, accepting what we are given.
The daily framing of debt and borrowing as a future financial burden on taxpayers is a part of the smoke and mirrors that does not reflect ./
10
51
98
Dear Mr Johnson
Whether a Tory or Labour gvt it will fund its spending in the same way all sovereign currency issuing gvts fund their spending. There is no 'dire state of the public finances' that is a made up claim that suits those with a political agenda and is reinforced ../
5
46
94
"If you grasp the story of how UK Government spending really works, you will start to realise the orthodox story you hear on your news is often used to support a particular ideological stance. Orthodox neoliberal economics provides justification for a small state, low taxes, /..
6
39
91
Whilst Rachel Reeves hitches Labour's election wagon to 'partnerships' and harnessing the financial resources of the financial sector, (as if gvt is the supplicant that must beg it for funds), Starmer has been clear "We cannot and we will not allow public spending needs, ..1/7
To grow our economy and raise living standards, we need a vibrant financial services sector.
That's what I'll deliver as Chancellor.
715
131
502
14
60
88
Poverty is not an accident. And neither does it result from human flaws or laziness. As Nelson Mandela noted "Like slavery and apartheid, it is man-made and can be removed by the actions of human beings."
If there is poverty and deprivation the blame lies with politicians. ../
6
59
91
@johnredwood
Stop it
@johnredwood
you should know by now there is no cost to taxpayers. Gvt is the issuer of the currency and it is a political choice to fund this. Personally, I'd rather have a nationalised public transport system. Why should public money be going into private profit?
7
13
84
According to Sunak, Nottingham's Labour council declaring bankruptcy is down to mismanagement. Never mind the reduction of funding from government, £100m less every year since 2013 or the rising costs of adults and children's social care.
Or that according to a Local.. 1/7
14
66
88
"The shadow chancellor said expanding the economy would be the only way to increase cash for public services."
Frankly, how does Reeves live with herself spouting this household budget nonsense given what is at stake? Our future.
No money for public services or indeed ..../
7
35
87
Hypocrisy from the man who lectures the nation on climate change. And don't get me started on the anachronism that is the Royal family. Living off the fat of the land.
"Bentley, for example, provided two limousines in 2002 for Queen Elizabeth’s golden jubilee, ..../
1
45
87
The Times headline yesterday: 'Hunt looks for £9bn to balance his budget.'
Just more of the same drivel one has come to expect in the run up to the Budget to accompany all the other drivel being churned out by politicians and journalists. According to Larry Elliott in ..1/9...
11
41
87
@UKLabour
@stonewalluk
Rights for everyone but not at the expense of women! Are we so irrelevant to the Labour party that you insult our concerns with this tweet? Women make up almost half the membership after today there will be one less.
0
9
73
"Politicians and the media talk about “food poverty”, “fuel poverty” and “period poverty”, obscuring the structural nature of the problem and inspiring a piecemeal response."
There is only one kind of poverty. Poverty caused by a government which not only has abdicated..../
3
55
84
But in reality there is no shortfall or black hole in the finances. Gvt doesn't spend like Thatcher said. Those on the genuine left need to challenge this life limiting lie that will only create even more hardship for people in every way.
Govt minister Pat McFadden is challenged over Labours argument that things are worse than they thought - the interviewer points out that in May the IFS published a report saying there was a financial black hole in departmental spending of between £10bn and £20bn
29
153
295
2
62
85
Reeves' fiscal rules promising more austerity will just inflict even more social and economic harm. Avoidable destruction of people's lives trading on a lie that gvt has no money of its own. Gvt could give councils the financial certainty they need with just a few keystrokes ../
5
56
86
Tax cuts for the rich don't reduce the amount of money available for the gvt to spend on serving public purpose since the gvt is the currency issuer. Its spending constraints are not money but real resources. All gvt spending/taxation choices are political and relate to how .../
NHS told to cut spending on doctors/nurses to save £4.5bn.
7.6m hospital appointments waiting list. 300,000 die whilst waiting.
2.7m chronically ill.
14,000 A&E deaths last year.
Govt response - cut spending on doctors/nurses.
Tax cuts for the rich.
79
1K
1K
3
48
85
Hello...is there anyone in at the Guardian? Still touting the nonsense that the state spends like a household budget. According to this, the gvt has 'wriggle room' to cut taxes or increase spending because borrowing was less than expected. As if it has a limited income...../
5
49
85
War is a disease and will spread without treatment"
De Villepin
Essential listening in these dark and difficult times. A lesson for our belligerent western leaders.
Next, a beautiful speech by De Villepin (in English, which is rare). I took a video of the whole thing 👇
12
78
490
4
32
80
In a few words..."the whole logic of austerity is not really about economics, it's about politics."
Labour is a neoliberal political party Labour was built on the basis of a proud left-of-centre tradition that was based on support for working people and a belief in the power of the state to build well-being for everyone, and not just a few. But that’s
134
756
1K
8
27
82
Contrast Sunak's £2.5bn for the human killing machine in Ukraine and whistled up using the currency issuing powers of gvt with the same person telling us there is no money for serving public purpose to improve the lives of citizens in the UK. Confused? ./
3
41
78
Sin taxes to 'better control the public purse'.... Reducing the problem to lack of money is the wrong focus since there is no lack of money. The NHS is not failing because of obese people, the NHS is failing as a deliberate choice through a decade of austerity which has..../2
15
54
75
During the Tory austerity years thousands of people joined The People's March against austerity in demonstrations across the country including me. Where are they today? Labour's fiscal rules mean more austerity, cuts to public services and economic hardship.
10
30
79
Heres some monetary reality from Bill Mitchell:
"The idea that borrowing “takes money from the pockets of future taxpayers” is equally nonsensical. The funds to pay for the bonds originate in the government net spending in the first place. The deficits add to bank reserves .../
9
39
77
A shameful example of profiteering by energy companies in a sector where warmth is an essential component of keeping older people healthy, not to mention alive. Cold is a killer for people whose bodies can no longer regulate body temperature. Another example of gvt failing .../2
2
61
76
"There is no magic money tree.
There *are* some very wealthy institutions and individuals that are seriously undertaxed." says James Meadway. Still on the let's tax the rich more to pay for stuff. The so called 'left' just keeps shooting itself in the foot.
32
13
74
"Second, recall the Bank of England governor (cited above) making it clear that just “like other central banks, we can create money digitally in the form of ‘central bank reserves’.”
Where is the colossal handout from the taxpayer?
I suppose Larry..../
3
42
78
Vultures feeding off the NHS. Delivering profits not public purpose all with political consent.
"NHS funds will be boosting the profits of private hospital companies instead of increasing the staff and facilities of the NHS. What is the logic ..../
3
41
74
Here is a perfect example of the connection between gvt spending and real resources, in this case nursery care workers. It won't matter how much money gvt throws at it, or how many work arounds it tries, if there aren't enough staff to provide childcare it will limit the ... 1/6
2
40
77
Both parties have over decades promoted household budget models of the public accounts over the real issues which are the distribution of real resources and who benefits from gvt spending policies. The fact that they continue to do so should be of../
2
45
73
"Keir Starmer has abandoned his pledges to defend trade unions, bring key industries into public ownership, reverse NHS privatisation, raise corporation tax, protect free movement and abolish tuition fees. Solidarity is now saved for CEOs, not striking workers. Trust is ...../
2
46
72
Yep no more begging bowls ....NHS must get growth going by getting all those sick people back to work, because 'work makes you free' don't you know. According to Streeting our future prosperity depends on it. The job of the NHS is to treat sick people not drive growth for.../
3
43
74
In case you missed it the Economic Affairs Committee published its report 'National Debt: it's time for tough decisions.' GIMMS gave evidence in a written submission. The only reference made to MMT was as follows.
"Some witnesses endorsed Modern ..../
4
40
75
Just so you know the man heading this inquiry is Lord Darzi, arch privatiser under Blair's New Labour.
If we clapped it wasn't because the NHS is a national religion we clapped because we were grateful to those putting their lives on the line to care for the sick. If the NHS ../
6
48
74
The system is rigged....
"We are confronted by this cost of profiteering because of the stark inequalities in wealth and power that govern Britain. Capital, boosted by favourable governments, has managed to win enormous power that in turn allows it...../2
2
49
73
Remember this at the next election.
"...Starmer’s speech confirms his goal is not to harness those feelings, to turn discontent into a movement for real change, but precisely to prevent that, to circle the wagons around the way things are."
4
48
71
political class.They are without pity or compassion, indifferent to suffering and totally rotten inside. We are dispensable. Pawns in their ghastly game. Whether it is Palestinians in Gaza, Ukrainian soldiers fighting a proxy war, or our own loved ones. We are all victims ./
2
20
72
Rock will be rubbing their hands with glee. Britain plc owned lock, stock and barrel by private interests. Sold out for a song. And you thought the Tories were bad.
Gabor notes in her article that the proposed model will involve 'the state in effect subsidising the ..../
6
16
72
depressing to read the usual nonsense in this Guardian article. According to Labour's narrative, as a result of lack of funds, it will be cash-strapped and have no choice but to partner with big finance if it wants to avoid more austerity or tax rises. The likes of Black .../
2
15
71
A poverty taskforce? Just exactly why we need one is a mystery. We don't need an investigation into how poverty occurs we need a gvt to do what only it can do, spend enough money to improve public services, tax the richest, not to fund it but for redistributive equity in .../
3
37
71
Rachel Reeves making the tough choices to drive the country into recession, further damage public infrastructure and create more hardship, whilst without a blink of an eye pouring public money into the pockets of arms manufacturers and making sure the wealthy stay wealthy.
The Tories left a £22 billion black hole in Britain’s finances.
With
@RachelReevesMP
as Chancellor, Labour will fix the foundations of our economy.
3K
399
2K
5
48
72
Rally round. Gordon Brown has a plan. We need two things: a partnership to bring charities, companies, communities and gvt together, supported by a multi-million pound fund using interest levied on bank reserves, both with a common objective of ending destitution and .../
9
28
70
Robert Palmer from Tax Justice might have his heart in the right place but the fact is that whilst taxing the wealthy more can ensure a fairer distribution of real resources and reduce the power and influence such wealth wields, taxing the wealth of the richest won't ..../
7
40
71
Yet again the lie that money is a scarce commodity is being reinforced in the minds of the public and the idea that gvt has no other options.
That, according to this narrative, it will be limited in what it can achieve unless it can either tax more or secure private finance to ./
1
22
71
"In a better world than this one, Boris Johnson (and Rishi Sunak) would be required to read and reply to Michael Rosen’s heartfelt article on their actions during the pandemic."
Roger Downie
Glasgow
2
21
71
Lisa Nandy said in a recent BBC interview. "It's a case of not being willing to make commitments we cannot deliver or pay for."
How to saw the nation's legs off with a blunt spoon to put it crudely. Tory or Labour you get the same economic narratives about affordability ..../2
4
34
68
The economic inheritance they left was a consequence of austerity. Poverty, homelessness, inequality, decaying public infrastructure and social security reform which punished people. It's not about the state of the public finances, but who benefited from that gvt spending. ..../
The Conservatives have left the worst economic inheritance since the Second World War.
I will restore economic stability and fix the foundations of our economy.
2K
258
1K
4
36
67
So, the BBC is reporting that gvt borrowing rose in August, higher than economists expected. It provides a link to an article entitled "How much money is the UK government borrowing, and does it matter?" It writes that gvt is spending /...2
6
54
67
Of course in the real world there isn't any shortfall, no black hole in the finances because gvt doesn't spend like Thatcher said. The constraints to spending are real resources, and what matters are the decisions gvts make about their distribution and who benefits. ..../
The government is lying through its teeth - aided and abetted by most of the media.
All the way through the election, a handful of us talked about the £20bn shortfall.
We said Labour would pretend to discover it.
This has now happened.
You are being treated like idiots.
304
2K
4K
1
37
68
In black and white the future for the NHS. This is what people voted for. The End.
"Labour are set to bring back Sir Tony Blair’s health secretary Alan Milburn to help reform the NHS, in a sign that the private sector and consumer choice will be at the heart of their plans."
7
77
70
a £22bn black hole in the public finances that must be filled.
Don't fall for the lie that fixing the foundations means fixing the public finances.
You fix the foundations by using gvt's currency issuing, taxation and legislative powers to create an economy that serves its.../
1
18
69
While economists and non economists argue the toss about the validity of MMT, or try to rewrite its principles, the existential crisis of climate change continues to bear down on us, poverty and inequality rise across the world, public infrastructure .../
I do NOT promote MMT...in fact I disagree fundamentally with its basic premise. And am angry at the way in which MMT simplifiesj, muddies the waters of monetary policy, gives succour to the "helicopter money" conservatives & ignores the role of interest.
94
33
143
8
28
69
One day the jig will be up and we will see the political establishment for what it is. We will understand how gvt really spends and that our leaders made a political choice to cause harm through maintaining a lie that public services both local and national were dependent
2
32
67
of western violence whether in endless wars for power and influence or as a result of austerity policies imposed by our own gvt, or by the IMF which has overseen the impoverishment and exploitation of the Global South. To them we are just refuse to be disposed of when it suits.
7
17
67