BlindSided (@sided_blind) header
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PhD. in Ecoomic Bullshit on Social Media. Don't shoot the messenger please. :) Don't follow me, I am lost too!

Joined May 2019
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One of the trademark of an #MMT er is to block people when confronted with the facts. It has been well documented that Sri Lanka went MMT and collapsed the economy where 20 mil people suffered the consequences. MMTers claimed after the fact it "wasn't MMT" not before. @RedMMT
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BlindSided retweeted
Replying to @RedMMT
December 2020: Mosler shares Sri Lanka's plan to ride #MMT. April 2022: Sri Lanka suspends foreign debt payments. Suddenly, MMT advocates argue it wasn't MMT. 🤡 When the theory gets credit for the promise but none of the blame for failure, what exactly would falsify it?
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BlindSided retweeted
Replying to @RedMMT
2020: Mosler shares Sri Lanka's plan to ride #MMT. 🎪 2022: Kelton & Kaboub say Sri Lanka never understood MMT. If Kaboub knew that in 2020, why wasn't the warning made clear then? Before collapse: FYI. After collapse: Not real MMT. How clownish! 🤡
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BlindSided retweeted
Replying to @RedMMT
Keep sticking your head in the sand and denying what is self evident to everyone except you and #MMT. That's how cults behave. They always tell you everything you know is false only THEY HAVE THE TRUTH! And its never falsifiable of course. Have a nice day!
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My friend @richyphillips here is having difficulty understanding what Mosler the father of #MMT is saying. 🤭 "You're right income tax doesn't drive the currency bc if no one worked there would be no tax." This is the extremes MMTers will go to deny reality.
"Gov can't spend nothing and then magically something appears. A rediculous(sic) claim by MMT." That has never been said by MMTer. Another strawman to add to your growing list.
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BlindSided retweeted
No, the Federal Reserve does not provide unsecured loans to banks. All discount window loans must be fully collateralized, as stated on the Fed's official website.
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Paying more for less things is not "strong" consumer.
BLACK FRIDAY PROMOTIONS RISE, CONSUMER SPENDING REMAINS STRONG Holiday shopping started strong over Black Friday weekend, with elevated promotions helping offset tariff-driven price increases. According to Telsey analysts, consumers spent not just on deals but also on new products. Shoppers remain motivated by value and key events like Black Friday and Cyber Monday, leaving analysts cautiously optimistic about the season.
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Replying to @RichardJMurphy
WRONG! "Gov't is EXACTLY like a household." Warren Morlser! You don't know #MMT #LearnMMT and stop spreading propaganda. Right out of the hourses mouth! 👇
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All the way to his grave he will be posting such nonsense. Broke as fuck!
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Check is in the mail!
BREAKING: President Trump tells air traffic controllers to "get back to work, now" and says he will be recommending a bonus of $10,000 per person for air traffic controllers who "didn't take any time off."
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Unemployment is very normal. Usually it has to do with mismatch in job skills. Lawyers can't be doctors and nurses can't be construction workers. Next, we have drug users, criminals, longterm sick, 16 year olds in school, taking a break to travel, well off, switching jobs. 👇
Unemployment isn’t “normal”. Using the government’s currency issuing powers to employ anyone who is looking for employment but cannot find it in the private sector isn’t “intervention”. It is the baseline.
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Replying to @MMTmacrotrader
Reserves are not "Minted" don't you know that? Amd you claim you are a monetary expert??? 🤦‍♂️🤦‍♂️🤦‍♂️ Show me the law that allows that in the federal reserve act. I'll wait!
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Do you remember when you joined X? I do! #MyXAnniversary
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You can't pay me enough to be in this situation
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In a way, President Trump may actually "want" a recession. A recession achieves MOST of Trump's economic goals at once: 1. Lower US inflation 2. Lower treasury yields 3. Lower trade deficit (through tariffs) 4. Fed interest rate cuts 5. Lower oil prices After the recent surge in Treasury Yields, the Trump Administration has realized the trade deal headlines won't work anymore. A recession may be the "best" solution after years of inflation and "free" money.
What just happened? At 1:00 PM ET, the S&P 500 fell nearly -80 points in 30 minutes without any major "news." What actually happened was a weak 20Y Bond Auction which sent US Treasury Yields soaring. Investors MUST watch yields here. Let us explain. (a thread)
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Reminder for the next bull run: LEADERS BY SECTOR Cybersecurity $CRWD $ZS $PANW $NET $RBRK Space Economy $RKLB $ASTS $LUNR $RDW $PL AI Infrastructure $MSFT $AMZN $GOOGL $DOCN Quantum Computing $IONQ $RGTI $GOOGL Data $SNOW $MDB $PLTR $DDOG $CFLT $ESTC AI Hardware $NVDA $ASML $AMAT $AMD $AVGO $MU $LRCX $ANET $ARM $QCOM Nuclear Energy $SMR $OKLO $BWXT $NNE $CCJ $CEG E-Commerce $MELI $GLBE $SHOP $CPNG $JMIA Robotics $TSLA $AMZN $NVDA Crypto $MSTR $COIN $HOOD
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Do you remember when you joined X? I do! #MyXAnniversary
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If you are a $TSLA bull or $TSLAQ, this 25-minute video is well worth your time. Tesla’s FSD software development is now almost a decade-old, and is still only Level 2, the same as every other auto OEM. But humanoid robotics are right around the corner…?!
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My mvp of the week on the @11thHour with @SRuhle was the Patriot Missile System for saving lives over Kyiv.
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War crimes by Russia
Zaporizhzhia. Right now, residential areas where ordinary people and children live are being fired at. This must not become "just another day" in 🇺🇦 or anywhere else in the world. The world needs greater unity and determination to defeat Russian terror faster and protect lives.
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