TRS: All Things Being Equal  @RealProgressInAction
TRS: All Things Being Equal  @RealProgressInAction
Real Progress In Action | TRS: All Things Being Equal @RealProgressInAction | Uploaded January 2023 | Updated October 2024, 1 hour ago.
Absurdity at its finest... the quest for equality is a sobering set of facts and conditions that we cannot solve in a vacuum.

#Equality #Capitalism #Racism #Austerity #Neoliberalism #Neocolonialism #GlobalSouth #Revolution #LearnMMT #Economics

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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!
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TRS: All Things Being Equal @RealProgressInAction

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