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Modern Monetary Theory Podcast https://xitter.gq/t.co/YEGIlMKm3j https://xitter.gq/t.co/wrBETnAU2Y https://xitter.gq/t.co/rgsTI1PGN1 Host @Sdgrumbine

Joined July 2018
Photo by Macro n Cheese Podcast #MMT (@CheeseMacro)Photo by Macro n Cheese Podcast #MMT (@CheeseMacro)Photo by Macro n Cheese Podcast #MMT (@CheeseMacro)Photo by Macro n Cheese Podcast #MMT (@CheeseMacro)Photo by Macro n Cheese Podcast #MMT (@CheeseMacro)Photo by Macro n Cheese Podcast #MMT (@CheeseMacro)Photo by Macro n Cheese Podcast #MMT (@CheeseMacro)Photo by Macro n Cheese Podcast #MMT (@CheeseMacro)Photo by Macro n Cheese Podcast #MMT (@CheeseMacro)Photo by Macro n Cheese Podcast #MMT (@CheeseMacro)
Macro n Cheese Podcast #MMT retweeted
Replying to @markv27 @foscaecon
"Fan boys" vs economic dullard
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Macro n Cheese Podcast #MMT retweeted
🚨BREAKING: Protesters BLOCK Brooklyn Bridge to STOP ICE SHOOTING SPREE xitter.gq/i/broadcasts/1RJjpbgdm…
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Macro n Cheese Podcast #MMT retweeted
Neoliberalism is Fabian socialism. Because we have governments to protect property and mop up capitalism's social mess just enough to prevent insurrection. Libertarians are possibly the most dangerously indoctrinated, miseducated and deluded cultists in modern history.
Replying to @ProfHall1955
That’s far from an accurate description of reality. The 0.00001%, not the 1% of whom you speak, funded and promoted the opposite system—Fabian socialism—as a tool to promote the centralisation by which they would gain control of the world. That process is in its final stages and it’s a disaster. The decentralised economies and free markets championed by Von Hayek produced far less inequality than the corporatist system we now confront.
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Macro n Cheese Podcast #MMT retweeted
this message is essentially correct, however much you dislike the messenger. The Bank of England has enormous gilt powers, it deployed them to pressure Truss into fiscal orthodoxy, and it did a U-turn last month that helped the Burnham government mainstreamlabour.org/publica…
The Bank of England bailed out Burnham and sabotaged me. Read all about it in Bank Job.
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Macro n Cheese Podcast #MMT retweeted
Just ask the folks in high places... we just keep voting harder... honestly it will change. They are very serious... vote harder n stuff.
The top 0.1% now control about $28 trillion, roughly 15% of all US wealth, per WSJ
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Macro n Cheese Podcast #MMT retweeted
People like this are why the Republican Party has any breath in its lungs
Bummer to see in print, as someone who has a lot of respect for Dr. West’s work, but not totally unexpected. We have a growing organized socialist left, and lone wolves without institutional backing should be met with suspicion, given the state of our campaign finance system.
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Economic growth doesn't end insecurity. Every new thing becomes a new requirement for survival. #Smartphones yesterday, #AI today. #tech Join our Macro N Chill virtual gathering to discuss this ep ft @Suitpossum - Brett Scott. Zoom registration: us06web.zoom.us/meeting/regi…
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Macro n Chill TONIGHT Tuesday 10/27 @ 8 pm ET us06web.zoom.us/meeting/regi…
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Macro n Cheese Podcast #MMT retweeted
Yet another libertarian clown replacing reality with fantasy. Nothing short of psychiatric help will do. The current oligarchic state capture is a DIRECT RESULT of the marketisation and privatisation Hayek and the rest recommended.
This quoted post is unavailable.
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Macro n Cheese Podcast #MMT retweeted
Hayek was a midwit snake-oil salesman of the first order. Put simply, the legally established negative liberty he champions permits the unequal ability of uncoerced individuals to achieve a very narrow and often unethically gained type of success in his ridiculously idealised 'market'. Then they monopolise market sectors and buy their way into power to exploit and coerce others. Result - the constant renewal and reproduction of the 1% revolving-door oligarchy. Tent cities getting bigger but GDP looks good and we've got AI! Hordes of unthinking wannabe strivers have been persuaded that this is the timeless moral and natural order of things.
“In order to make people equal, you have to treat them differently. If you treat people alike, the result is necessarily inequality.” — F. A. Hayek
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More proof we do not have a democracy to save, in spite of any "antifascist" anything. Bourgeois democracy and a dictatorship of capital is the complete opposite of "democracy". There will be no "sourcing the vote" save for the wealthy technocrats circling the wagons.
BREAKING: Anthropic is warning investors that AI could pose catastrophic and even existential risks to humanity. The warning comes from its IPO filing, which Reuters reported devotes about 80 of its 261 pages to risk factors.
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Macro n Cheese Podcast #MMT retweeted
“Capitalism has created an accounting apparatus in the shape of the banks, syndicates, postal service, consumers' societies, and office employees' unions. Without big banks socialism would be impossible.” VI Lenin #MMT marxists.org/archive/lenin/w…
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Episode 402 – A Feeding Frenzy at the End of the World. Brett Scott talks with Steve about the Nerd Reich and the threat posed by the big tech oligarchy. Are they puppet masters or products of a system built on insecurity? Or both? substack.com/@realprogressiv… realprogressives.org/mnc-pod… #ai #macroNCheese #videogame @Suitpossum
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Macro n Cheese Podcast #MMT retweeted
Money is created when government spends. Money is not the problem. The question is what we do with money and for whose benefit. Let's start with renewable energy, insulated homes, rent controls and council houses? Their economics has delivered poverty and billionaires. Enough!
“Next year he actually has to find the money that doesn’t exist.” “There are things the Government can do that aren’t just about tax.” Rachel Wolf, who co-wrote the 2019 Conservative manifesto and Paul Nowak, TUC General Secretary, discuss the challenge facing Andy Burnham’s government, ahead of next week’s Budget #Newsnight
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Macro n Cheese Podcast #MMT retweeted
A more honest and effective way to begin an answer to the “pay for” question.
Money is created when government spends. Money is not the problem. The question is what we do with money and for whose benefit. Let's start with renewable energy, insulated homes, rent controls and council houses? Their economics has delivered poverty and billionaires. Enough!
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Why does #technology under #capitalism make our lives faster not easier? Join us Tues. 10/27 @ 8 pm ET for Macro n Chill to listen to and discuss our latest ep. ft. Brett Scott aka @Suitpossum. #ClassWar Register: us06web.zoom.us/meeting/regi…
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"What's happening right now seems to be this tearing away of the veneer that there is any distinction between the state and the capitalist class." — Brett Scott Episode 402 – A Feeding Frenzy at the End of the World w/ Brett Scott #Substack: substack.com/@realprogressiv… realprogressives.org/mnc-pod… #capitalism #ai #tech
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