currency issuer

Name: Phil Armstrong in Conversation with Bill Mitchell
Start: 2020-09-27T12:30:00+01:00
End: 2020-09-27T13:30:00+01:00
Location: Online

Events
currency issuer

September 2020

27th September 2020 @ 12:30 pm - 1:30 pm

Phil Armstrong in Conversation with Bill Mitchell

Online

Free

Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted

Money on the Left (@moneyontheleft.bsky.social) @moneyontheleft ·

13h

We are joined again by Benjamin Wilson to discuss what it is like to teach Economics from a heterodox Modern Monetary Theory perspective at the present moment.

Reply on Twitter 1791516932224495931 Retweet on Twitter 1791516932224495931 4 Like on Twitter 1791516932224495931 7 Twitter 1791516932224495931

Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted

Malcolm Reavell @malcolm_reavell ·

20h

All govt spending is "unfunded" There is no "pot of money" when you are a currency issuer. Govt spending *creates* £; the money does not exist until govt has debited its account. Taxpayers do not create £, and when govt spends it is spending newly created £, not "taxpayer money"

Reply on Twitter 1791413734516142435 Retweet on Twitter 1791413734516142435 37 Like on Twitter 1791413734516142435 61 Twitter 1791413734516142435

Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted

Chris Williamson @derbychrisw ·

20h

Whenever socialists talk about creating a good society, they're always met with the: "How are you going to pay for it" rejoinder. The simple answer is "with money, dummy."

Sadly, many socialists play into the hands of their sworn enemies by perpetuating the myth that taxes fund

Reply on Twitter 1791414373472207251 Retweet on Twitter 1791414373472207251 234 Like on Twitter 1791414373472207251 384 Twitter 1791414373472207251

Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted

Steve Hall @profhall1955 ·

22h

Economicdlly illiterate neoliberal drivel, ignorant of the basic principles of supply and demand in a fiat currency system. As neoliberal economies and neocon geopolitics collapse, we're being lied to on an unprecedented scale. https://twitter.com/SaulStaniforth/status/1791347019165896763?t=eeGJJwgzvkwp1tli8JsOJg&s=19 @DerbyChrisW #MMT

Reply on Twitter 1791392245486104959 Retweet on Twitter 1791392245486104959 34 Like on Twitter 1791392245486104959 60 Twitter 1791392245486104959

Retweet on Twitter Gower Initiative for Modern Money Studies Retweeted

Pavlina R Tcherneva @ptcherneva ·

15 May

Appreciate the thread by @GeorgeSelgin. A note on MMTs view of 'fiscal discipline'.
For MMT at the macro level, prices are influenced by prices paid by govt and this has key implications for policy, esp for 'controlling' spending. We prefer to modulate fiscal policy not by...

Reply on Twitter 1790724756502708433 Retweet on Twitter 1790724756502708433 34 Like on Twitter 1790724756502708433 99 Twitter 1790724756502708433