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Tag: currency issuer

Blogs / MMT Lens

Conference speeches reveal the misery to come

10th October 2021

The ultimate, hidden truth of the world, is that it is something that we make, and could just as easily make differently.” David Graeber   After two weeks of party …

Conference speeches reveal the misery to come Read More
Blogs / MMT Lens

Another week of handbag economics

3rd October 2021

“The objective should be to organize the economy around human needs and well-being. If toward this end we decommodify key goods and services, or legislate longer product lifespans, use-value will …

Another week of handbag economics Read More
Blogs / MMT Lens

If we can find money for corporations, we can find money for the people who need it.

19th September 202119th September 2021

‘What you do makes a difference, and you have to decide what kind of difference you want to make.’ Dr Jane Goodall, Scientist & Activist   This week, Sajid Javid, …

If we can find money for corporations, we can find money for the people who need it. Read More
Blogs / MMT Lens

The National Insurance increase shows that levelling up has been consigned to the Conservative bonfire of easy promises

12th September 202112th September 2021

A country ruled by criminals needs two revolutions, one small and one big: The small revolution is to overthrow the criminal government, the big revolution is to radically undo the …

The National Insurance increase shows that levelling up has been consigned to the Conservative bonfire of easy promises Read More
Blogs / MMT Lens

Concentrate on real resources to solve real problems, instead of the financial cost.

22nd August 2021

“When people live in a fair, caring society, where everyone has equal access to social goods, they don’t have to spend their time worrying about how to cover their basic …

Concentrate on real resources to solve real problems, instead of the financial cost. Read More
Blogs / MMT Lens

Politicians and the media coax the public to accept a new period of austerity

11th July 2021

“The political class in Westminster have failed us. They inoculate themselves against the pain that we suffer. We will not forgive them, and no, we will not be patient with …

Politicians and the media coax the public to accept a new period of austerity Read More
Blogs / MMT Lens

Neither Green Savings Bonds nor your pension money are needed for the government to invest in an environmentally sustainable recovery

4th July 2021

“We can pretend that extending the status quo into the future, unchanged, is one of the options available to us. But that is a fantasy. Change is coming one way …

Neither Green Savings Bonds nor your pension money are needed for the government to invest in an environmentally sustainable recovery Read More
Blogs / MMT Lens

Reducing government spending now would be calamitous for the wellbeing of people

27th June 2021

“If every politician asks the ridiculous question ‘how will you pay for that’ when it comes to full employment, universal healthcare, infrastructure modernisation, tuition-free university and sustainable energy, but no …

Reducing government spending now would be calamitous for the wellbeing of people Read More
Blogs / MMT Lens

The G7 jolly – a symbol of everything that is wrong with the global economic system.

20th June 2021

“The kind of transformation that is now required [to address the climate crisis] will happen only if it is treated as a civilizational mission, in our country and in every …

The G7 jolly – a symbol of everything that is wrong with the global economic system. Read More
Blogs / MMT Lens

Inflation is not what we should be worried about right now

30th May 202130th May 2021

“The purpose of government is to ensure that everyone has what they need to live a good life. That means giving every child the very best start in life, caring …

Inflation is not what we should be worried about right now Read More

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Front cover of "Modern Monetary Theory - Key Insights, leading thinkers
Modern Monetary Theory: Key Insights, Leading Thinkers

Hardback ISBN:

978 1 80220 808 5

Ebook ISBN:

978 1 80220 809 2

More details via the Edward Elgar website.

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Patricia @patricianpino ·
2 Dec

A short🧵 on MMT & power: First and foremost MMT is a description & does not contain a prescribed pathway for working class liberation. That was not what MMT as a theory set out to do. However, even a description has political implications & here I set out a couple. >

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Steven Hail @stevenhailaus ·
2 Dec

This nonsense is a symptom of living within an essentially barter/full employment model, and having no understanding of monetary systems and balance sheet mechanics, let alone having a view of how people think which is in defiance of reality.

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Steven Hail @stevenhailaus ·
2 Dec

Oh, my God.

You are trying my patience beyond its limit

The institutional set-up in the UK clearly involves currency issuance

Read this, in the Journal of Economic Issues - The Self-Financing State: An Institutional Analysis of... the United Kingdom:

https://www.tandfonline.com/doi/pdf/10.1080/00213624.2025.2533726

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Warren B. Mosler @wbmosler ·
1 Dec

@WolfgangWa1642 @pontus_rendahl I 'invented'/developed what's popularized as MMT.
I'd never read Keynes (or any of the others). It all came from my capital markets experience.
Still does.
Keynes never recognized the source of the price level, or had the understanding that tax liabilities cause unemployment.

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Steven Hail @stevenhailaus ·
1 Dec

Incidentally, something similar happened a couple of years later, when I was preparing people for the Chartered Institute of Bankers qualifying exams. A banker said 'great course, but you know it doesn't work like that, don't you?'. Again, I later learned he (and MMT) was right.

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