@dragonfrog @avilewis I really love Warren Mosler’s business card analogy which shows that taxes are what gives fiat money it’s value.
I
icanbob@techhub.social
@icanbob@techhub.social
Posts
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Striking that the Liberals and Conservatives offer the same response to pain at the pump: siphon money out of the public purse instead of Big Oil’s profits. -
Striking that the Liberals and Conservatives offer the same response to pain at the pump: siphon money out of the public purse instead of Big Oil’s profits.@avilewis @janef0421 @dragonfrog Here is my take on MMT.
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Striking that the Liberals and Conservatives offer the same response to pain at the pump: siphon money out of the public purse instead of Big Oil’s profits.@avilewis Agree with the sentiment, but MMT’rs like Stephanie Kelton would argue that the Canadian gov doesn’t need to tax anyone to invest in projects. Parties like the NDP would do well to listen to the MMT’rs narrative and stop parroting the same questionable neoliberal economic stories that the other parties have swallowed.
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📝 New post 🚀
