Real Progress In Action | SVB Collapse, TikTok Ban? US-Mexico War? Trump vs. DeSantis Saga @RealProgressInAction | Uploaded March 2023 | Updated October 2024, 6 hours ago.
Steve joins the Political Misfits crew to discuss the recent collapse of the Silicon Valley Bank. He details how both the lack of regulations, and massive interest rate hikes helped contribute to its collapse. Grumbine debunks the widely held belief that banks are getting bailed out once again -- in reality, it is the bank’s depositors who are being bailed out.
Other topics discussed include the Biden administration considering a ban on TikTok for its alleged illegal metadata collecting is faulty logic, the ongoing Trump vs. DeSantis saga, and Marjorie Taylor-Greene wanting the US to invade Mexico. Be sure to check it out!
Tags: SVB, Fed, Interest Rates, Yellen, FDIC, De-regulation, TikTok, China, Biden, Trump, DeSantis, Taylor-Greene, Mexico
Link to full episode: rumble.com/v2dkljy-french-pension-reform-icc-issues-putin-arrest-warrant-stop-cop-city.html
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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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Steve joins the Political Misfits crew to discuss the recent collapse of the Silicon Valley Bank. He details how both the lack of regulations, and massive interest rate hikes helped contribute to its collapse. Grumbine debunks the widely held belief that banks are getting bailed out once again -- in reality, it is the bank’s depositors who are being bailed out.
Other topics discussed include the Biden administration considering a ban on TikTok for its alleged illegal metadata collecting is faulty logic, the ongoing Trump vs. DeSantis saga, and Marjorie Taylor-Greene wanting the US to invade Mexico. Be sure to check it out!
Tags: SVB, Fed, Interest Rates, Yellen, FDIC, De-regulation, TikTok, China, Biden, Trump, DeSantis, Taylor-Greene, Mexico
Link to full episode: rumble.com/v2dkljy-french-pension-reform-icc-issues-putin-arrest-warrant-stop-cop-city.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:
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Follow us on Twitch:
twitch.tv/realprogressinaction
#MMT
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#RealProgressInAction
