by Summary:
So longer just "socialist"! Now it is "pseudo-communist." Some people are becoming really unhinged! No wonder she wants to criminalize Michael Bloomberg’s wealth (though not his politics or campaign contributions) and supports something called “Modern Monetary Theory” — which says that every time the government spends but only collects in taxes to pay for it, you’re actually up two bucks. MMT says that the government owes it to the people to just keep printing money to pay for all the stuff they want. (Seriously. Google it.) Confiscating wealth, printing unlimited money, free stuff for everyone and no fiscal responsibility? ROFLMAO.The Boston Herald — OpinionAlexandria Ocasio-Cortez’s fiscal vision adds up – to trillions Michael Graham
Topics:
Mike Norman considers the following as important: Alexandria Ocasio-Cortez, AOC, MMT, US Politics
This could be interesting, too:
So longer just "socialist"! Now it is "pseudo-communist." Some people are becoming really unhinged! No wonder she wants to criminalize Michael Bloomberg’s wealth (though not his politics or campaign contributions) and supports something called “Modern Monetary Theory” — which says that every time the government spends but only collects in taxes to pay for it, you’re actually up two bucks. MMT says that the government owes it to the people to just keep printing money to pay for all the stuff they want. (Seriously. Google it.) Confiscating wealth, printing unlimited money, free stuff for everyone and no fiscal responsibility? ROFLMAO.The Boston Herald — OpinionAlexandria Ocasio-Cortez’s fiscal vision adds up – to trillions Michael Graham
Topics:
Mike Norman considers the following as important: Alexandria Ocasio-Cortez, AOC, MMT, US Politics
This could be interesting, too:
Mike Norman writes Jared Bernstein, total idiot. You have to see this to believe it.
Steve Roth writes MMT and the Wealth of Nations, Revisited
Matias Vernengo writes On central bank independence, and Brazilian monetary policy
Michael Hudson writes International Trade and MMT with Keen, Hudson
No wonder she wants to criminalize Michael Bloomberg’s wealth (though not his politics or campaign contributions) and supports something called “Modern Monetary Theory” — which says that every time the government spends $10 but only collects $8 in taxes to pay for it, you’re actually up two bucks. MMT says that the government owes it to the people to just keep printing money to pay for all the stuff they want. (Seriously. Google it.)
Confiscating wealth, printing unlimited money, free stuff for everyone and no fiscal responsibility?ROFLMAO.
The Boston Herald — Opinion
Alexandria Ocasio-Cortez’s fiscal vision adds up – to trillions
Michael Graham