Real Progress In Action | TRS: The MMT Lens @RealProgressInAction | Uploaded February 2023 | Updated October 2024, 8 hours ago.
From bad media analysis to socialists who do not understand federal finance so they refuse to understand the lens, we have to demystify what is, what could be and how to get where we wanna be long term. The confirmation bias is a killer.

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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