Real Progress In Action | Trump Verdict and the Oligarch Olympics @RealProgressInAction | Uploaded June 2024 | Updated October 2024, 10 hours ago.
In this conversation, Steve Grumbine, founder of Real Progressives and Real Progress in Action, discusses the political and economic implications of Donald Trump's recent verdict. The discussion covers Trump's unwavering support base, the role of billionaires in his campaign, and the potential impact on upcoming elections. Grumbine critiques the broader political landscape, highlighting the influence of wealth on politics and the lack of meaningful economic reforms. He also offers insights into recent economic data and its implications for interest rates, inflation, and wealth inequality.
#Trump #gaza #election2024 #moneyinpolitics #oligarchy #classwar #interestrates #inflation #learnmmt
Chapters:
00:00 Introduction to Steve Grumbine
00:25 Merchandising the Verdict
00:46 Impact on Trump's Support
01:23 Political and Legal Ramifications
05:01 Geopolitical Context
06:56 Billionaires Backing Trump
21:08 Economic Analysis and Interest Rates
24:52 Conclusion and Where to Find More
Link to full episode: rumble.com/v4yox0b-billionaires-rally-for-trump-israel-advances-in-rafah-overdose-deaths.html
Follow @SputnikMisfits on Twitter.
Follow @JohnKiriakou on Twitter.
Follow @sdgrumbine on Twitter.
Please help our Real Progressives efforts and become a monthly donor!
At PayPal
paypal.me/RealProgress
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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!
macroncheese.com
Macro N Cheese Podcasts:
realprogressives.org/macro-n-cheese-podcast
Follow us on Twitter:
Twitter.com/RP_In_Action
Follow us on Instagram:
instagram.com/rpinaction
We believe all materials used in this video fall under Fair Use as defined in Section 107 of the Copyright Act of 1976.
#MMT
In this conversation, Steve Grumbine, founder of Real Progressives and Real Progress in Action, discusses the political and economic implications of Donald Trump's recent verdict. The discussion covers Trump's unwavering support base, the role of billionaires in his campaign, and the potential impact on upcoming elections. Grumbine critiques the broader political landscape, highlighting the influence of wealth on politics and the lack of meaningful economic reforms. He also offers insights into recent economic data and its implications for interest rates, inflation, and wealth inequality.
#Trump #gaza #election2024 #moneyinpolitics #oligarchy #classwar #interestrates #inflation #learnmmt
Chapters:
00:00 Introduction to Steve Grumbine
00:25 Merchandising the Verdict
00:46 Impact on Trump's Support
01:23 Political and Legal Ramifications
05:01 Geopolitical Context
06:56 Billionaires Backing Trump
21:08 Economic Analysis and Interest Rates
24:52 Conclusion and Where to Find More
Link to full episode: rumble.com/v4yox0b-billionaires-rally-for-trump-israel-advances-in-rafah-overdose-deaths.html
Follow @SputnikMisfits on Twitter.
Follow @JohnKiriakou on Twitter.
Follow @sdgrumbine on Twitter.
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
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
Macro N Cheese Podcasts:
realprogressives.org/macro-n-cheese-podcast
Follow us on Twitter:
Twitter.com/RP_In_Action
Follow us on Instagram:
instagram.com/rpinaction
We believe all materials used in this video fall under Fair Use as defined in Section 107 of the Copyright Act of 1976.
#MMT