Real Progress In Action | Blowing the lid off the Debt Ceiling, Davos and Biden @RealProgressInAction | Uploaded January 2023 | Updated October 2024, 15 hours ago.
Once again, Michelle W. John K. and Steve G. discuss the debt ceiling narrative as it resurfaces for the nth time in the last 20 years. Listen to how this deflection and misinformation on how money and their government really works to further maintain the capital order. You too will soon have a deeper understanding that the debt ceiling is a made-up consensus that has no real purpose under a fiat money system decades later after the deterioration and dismantling of gold standard lunacy. MMT activists have chipped away at its effectiveness each time it is manifested on command by the neoliberal establishment.
Other topics discussed include Biden’s classified documents scandal and its impact on his potential 2024 run, as well as the World Economic Forum in Davos, and how mega corporations like Microsoft and Amazon laying off thousands of their workers. Be sure to check it out!
#DebtCeiling #MintTheCoin #LearnMMT #Fiat #Money #Biden #Neoliberalism #Austerity #GoldStandard #Davos #Oligarchy #Microsoft #Amazon #Layoffs #Unemployment
Link to full Political Misfits episode: rumble.com/v26add0-debt-ceiling-reached-french-general-strike-us-trains-kievs-troops.html
Follow @SputnikMisfits on Twitter.
Follow @JohnKiriakou on Twitter.
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We believe all materials used in this video fall under Fair Use as defined in Section 107 of the Copyright Act of 1976.
What is Modern Monetary Theory?
Modern Monetary Theory is the correct understanding of Macroeconomics.
It proves the following:
1) Taxes don't fund government spending and
2) Deficit spending is good most of the time.
Simple Economics Facts:
Government deficit = Private sector surplus
Government debt = private sector savings
The constraint on government spending is the availability of real assets/resources in an economy, not the federal budget!
To learn more about Modern Monetary Theory, check out our podcasts!
macroncheese.com
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Once again, Michelle W. John K. and Steve G. discuss the debt ceiling narrative as it resurfaces for the nth time in the last 20 years. Listen to how this deflection and misinformation on how money and their government really works to further maintain the capital order. You too will soon have a deeper understanding that the debt ceiling is a made-up consensus that has no real purpose under a fiat money system decades later after the deterioration and dismantling of gold standard lunacy. MMT activists have chipped away at its effectiveness each time it is manifested on command by the neoliberal establishment.
Other topics discussed include Biden’s classified documents scandal and its impact on his potential 2024 run, as well as the World Economic Forum in Davos, and how mega corporations like Microsoft and Amazon laying off thousands of their workers. Be sure to check it out!
#DebtCeiling #MintTheCoin #LearnMMT #Fiat #Money #Biden #Neoliberalism #Austerity #GoldStandard #Davos #Oligarchy #Microsoft #Amazon #Layoffs #Unemployment
Link to full Political Misfits episode: rumble.com/v26add0-debt-ceiling-reached-french-general-strike-us-trains-kievs-troops.html
Follow @SputnikMisfits on Twitter.
Follow @JohnKiriakou on Twitter.
Follow @sdgrumbine on Twitter.
We believe all materials used in this video fall under Fair Use as defined in Section 107 of the Copyright Act of 1976.
What is Modern Monetary Theory?
Modern Monetary Theory is the correct understanding of Macroeconomics.
It proves the following:
1) Taxes don't fund government spending and
2) Deficit spending is good most of the time.
Simple Economics Facts:
Government deficit = Private sector surplus
Government debt = private sector savings
The constraint on government spending is the availability of real assets/resources in an economy, not the federal budget!
To learn more about Modern Monetary Theory, check out our podcasts!
macroncheese.com
Please help our Real Progressives efforts and become a monthly donor!
At PayPal
paypal.me/RealProgress
At Patreon
patreon.com/realprogressives
RealProgressives.org
realprogressives.org/donate
Check our website:
action.realprogressives.org
Macro N Cheese Podcasts:
realprogressives.org/macro-n-cheese-podcast
Follow us on Facebook!
facebook.com/RPinAction
Follow us on YouTube:
youtube.com/c/realprogressives
Follow us on Periscope:
periscope.tv/RP_In_Action
Follow us on Twitter:
Twitter.com/RP_In_Action
Follow us on Instagram:
instagram.com/rpinaction
Follow us on Twitch:
twitch.tv/realprogressinaction
#MMT
#MMTARMY
#RealProgressInAction
