Arthur Eckart
@arthur_eckart
BA & MA Economics
University of Colorado
16-06-2019 11:01:14
49,8K Tweets
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wilson logan John Biesterfeldt Scottish Republican in the Colony Thomas Sirianni Alan Luchetti TIM GOLDFINCH Professor John Hearn Mike Houston Per Kurowski Stewart C Button Investing in America’s Future. Mr B (Those who know, know) Илья Шумилов ☭ Helgy QE4 Countdown #MMT ANGTraders The Pickled Blog Naomi Langford-Wood kevin Tart 🔆 Henric Contini Parkers Plastering David Richardson Davidthechef Ellis Greenwood Simon O'Neill Philip Armstrong 💙 RedBordeaux Paul Scholes David McNab @[email protected] Go Wash Your Brains #MMT Tim Worstall Eric Z half-man half-cado It's Just Numbers Stefan Demetz The Cable £/$ Guy (((Robin Levett))) TrevchenkoThe3rd Nancy Chris, the ambassador for Wokeland... Great SATisfaction tomS Harris Samaras Dilip Shah Daniel Anderberg Shayṭān is truth Naz Bank of England YouTube If consumption is $10, investment is $3, government is $5, exports is $4, and imports is $2 (net exports $2), then GDP is $10 + $3 + $5 + $2 = $20. If exports were $2 and imports $4 ($2 negative net exports), then GDP is $18.
Arthur Eckart wilson logan Scottish Republican in the Colony Thomas Sirianni Alan Luchetti TIM GOLDFINCH Professor John Hearn Mike Houston Per Kurowski Stewart C Button Investing in America’s Future. Mr B (Those who know, know) Илья Шумилов ☭ Helgy QE4 Countdown #MMT ANGTraders The Pickled Blog Naomi Langford-Wood kevin Tart 🔆 Henric Contini Parkers Plastering David Richardson Davidthechef Ellis Greenwood Simon O'Neill Philip Armstrong 💙 RedBordeaux Paul Scholes David McNab @[email protected] Go Wash Your Brains #MMT Tim Worstall Eric Z half-man half-cado It's Just Numbers Stefan Demetz The Cable £/$ Guy (((Robin Levett))) TrevchenkoThe3rd Nancy Chris, the ambassador for Wokeland... Great SATisfaction tomS Harris Samaras Dilip Shah Daniel Anderberg Shayṭān is truth Naz Bank of England YouTube No, GDP would be 16, not 18.
Try this one:
GDP = 10 + 3 + 5 - 2 = 16
Now increase deficit spending by 1:
GDP = 10 + 3 + 6 - 2 = 17
We are better off for the deficit spending. It's a net addition of GDP to the private sector.
John Biesterfeldt wilson logan Scottish Republican in the Colony Thomas Sirianni Alan Luchetti TIM GOLDFINCH Professor John Hearn Mike Houston Per Kurowski Stewart C Button Investing in America’s Future. Mr B (Those who know, know) Илья Шумилов ☭ Helgy QE4 Countdown #MMT ANGTraders The Pickled Blog Naomi Langford-Wood kevin Tart 🔆 Henric Contini Parkers Plastering David Richardson Davidthechef Ellis Greenwood Simon O'Neill Philip Armstrong 💙 RedBordeaux Paul Scholes David McNab @[email protected] Go Wash Your Brains #MMT Tim Worstall Eric Z half-man half-cado It's Just Numbers Stefan Demetz The Cable £/$ Guy (((Robin Levett))) TrevchenkoThe3rd Nancy Chris, the ambassador for Wokeland... Great SATisfaction tomS Harris Samaras Dilip Shah Daniel Anderberg Shayṭān is truth Naz Bank of England YouTube Government exists by living off people's incomes. It taxes income and borrows savings from people's income. Government doesn't produce anything on its own.
Arthur Eckart wilson logan Scottish Republican in the Colony Thomas Sirianni Alan Luchetti TIM GOLDFINCH Professor John Hearn Mike Houston Per Kurowski Stewart C Button Investing in America’s Future. Mr B (Those who know, know) Илья Шумилов ☭ Helgy QE4 Countdown #MMT ANGTraders The Pickled Blog Naomi Langford-Wood kevin Tart 🔆 Henric Contini Parkers Plastering David Richardson Davidthechef Ellis Greenwood Simon O'Neill Philip Armstrong 💙 RedBordeaux Paul Scholes David McNab @[email protected] Go Wash Your Brains #MMT Tim Worstall Eric Z half-man half-cado It's Just Numbers Stefan Demetz The Cable £/$ Guy (((Robin Levett))) TrevchenkoThe3rd Nancy Chris, the ambassador for Wokeland... Great SATisfaction tomS Harris Samaras Dilip Shah Daniel Anderberg Shayṭān is truth Naz Bank of England YouTube No, the government exists by living off peoples' *production.* The money, it creates itself. BIG difference.
COULD the govt. live off of peoples' incomes? Sure. It COULD borrow from PS banks, etc. But it doesn't. It just takes a good look into the mechanics to understand
John Biesterfeldt wilson logan Scottish Republican in the Colony Thomas Sirianni Alan Luchetti TIM GOLDFINCH Professor John Hearn Mike Houston Per Kurowski Stewart C Button Investing in America’s Future. Mr B (Those who know, know) Илья Шумилов ☭ Helgy QE4 Countdown #MMT ANGTraders The Pickled Blog Naomi Langford-Wood kevin Tart 🔆 Henric Contini Parkers Plastering David Richardson Davidthechef Ellis Greenwood Simon O'Neill Philip Armstrong 💙 RedBordeaux Paul Scholes David McNab @[email protected] Go Wash Your Brains #MMT Tim Worstall Eric Z half-man half-cado It's Just Numbers Stefan Demetz The Cable £/$ Guy (((Robin Levett))) TrevchenkoThe3rd Nancy Chris, the ambassador for Wokeland... Great SATisfaction tomS Harris Samaras Dilip Shah Daniel Anderberg Shayṭān is truth Naz Bank of England YouTube No, the government lives off people's income. That's what it taxes and borrows. It spends your money instead of you. And, you created money when you got a job and a paycheck. Your job and paycheck added to GDP.
Arthur Eckart John Biesterfeldt Scottish Republican in the Colony Thomas Sirianni Alan Luchetti TIM GOLDFINCH Professor John Hearn Mike Houston Per Kurowski Stewart C Button Investing in America’s Future. Mr B (Those who know, know) Илья Шумилов ☭ Helgy QE4 Countdown #MMT ANGTraders The Pickled Blog Naomi Langford-Wood kevin Tart 🔆 Henric Contini Parkers Plastering David Richardson Davidthechef Ellis Greenwood Simon O'Neill Philip Armstrong 💙 RedBordeaux Paul Scholes David McNab @[email protected] Go Wash Your Brains #MMT Tim Worstall Eric Z half-man half-cado It's Just Numbers Stefan Demetz The Cable £/$ Guy (((Robin Levett))) TrevchenkoThe3rd Nancy Chris, the ambassador for Wokeland... Great SATisfaction tomS Harris Samaras Dilip Shah Daniel Anderberg Shayṭān is truth Naz Bank of England YouTube You asked for this...
wilson logan Arthur Eckart John Biesterfeldt Scottish Republican in the Colony Thomas Sirianni Alan Luchetti TIM GOLDFINCH Professor John Hearn Mike Houston Per Kurowski Stewart C Button Investing in America’s Future. Mr B (Those who know, know) Илья Шумилов ☭ Helgy QE4 Countdown #MMT ANGTraders The Pickled Blog Naomi Langford-Wood Henric Contini Parkers Plastering David Richardson Davidthechef Ellis Greenwood Simon O'Neill Philip Armstrong 💙 RedBordeaux Paul Scholes David McNab @[email protected] Go Wash Your Brains #MMT Tim Worstall Eric Z half-man half-cado It's Just Numbers Stefan Demetz The Cable £/$ Guy (((Robin Levett))) TrevchenkoThe3rd Nancy Chris, the ambassador for Wokeland... Great SATisfaction tomS Harris Samaras Dilip Shah Daniel Anderberg Shayṭān is truth Naz Bank of England YouTube Wilson loves his dams
kevin Tart 🔆 Arthur Eckart John Biesterfeldt Scottish Republican in the Colony Thomas Sirianni Alan Luchetti TIM GOLDFINCH Professor John Hearn Mike Houston Per Kurowski Stewart C Button Investing in America’s Future. Mr B (Those who know, know) Илья Шумилов ☭ Helgy QE4 Countdown #MMT ANGTraders The Pickled Blog Naomi Langford-Wood Henric Contini Parkers Plastering David Richardson Davidthechef Ellis Greenwood Simon O'Neill Philip Armstrong 💙 RedBordeaux Paul Scholes David McNab @[email protected] Go Wash Your Brains #MMT Tim Worstall Eric Z half-man half-cado It's Just Numbers Stefan Demetz The Cable £/$ Guy (((Robin Levett))) TrevchenkoThe3rd Nancy Chris, the ambassador for Wokeland... Great SATisfaction tomS Harris Samaras Dilip Shah Daniel Anderberg Shayṭān is truth Naz Bank of England YouTube I can switch it up...
kevin Tart 🔆 Arthur Eckart John Biesterfeldt Scottish Republican in the Colony Thomas Sirianni Alan Luchetti TIM GOLDFINCH Professor John Hearn Mike Houston Per Kurowski Stewart C Button Investing in America’s Future. Mr B (Those who know, know) Илья Шумилов ☭ Helgy QE4 Countdown #MMT ANGTraders The Pickled Blog Naomi Langford-Wood Henric Contini Parkers Plastering David Richardson Davidthechef Ellis Greenwood Simon O'Neill Philip Armstrong 💙 RedBordeaux Paul Scholes David McNab @[email protected] Go Wash Your Brains #MMT Tim Worstall Eric Z half-man half-cado It's Just Numbers Stefan Demetz The Cable £/$ Guy (((Robin Levett))) TrevchenkoThe3rd Nancy Chris, the ambassador for Wokeland... Great SATisfaction tomS Harris Samaras Dilip Shah Daniel Anderberg Shayṭān is truth Naz Bank of England YouTube US Interstate...
kevin Tart 🔆 Arthur Eckart John Biesterfeldt Scottish Republican in the Colony Thomas Sirianni Alan Luchetti TIM GOLDFINCH Professor John Hearn Mike Houston Per Kurowski Stewart C Button Investing in America’s Future. Mr B (Those who know, know) Илья Шумилов ☭ Helgy QE4 Countdown #MMT ANGTraders The Pickled Blog Naomi Langford-Wood Henric Contini Parkers Plastering David Richardson Davidthechef Ellis Greenwood Simon O'Neill Philip Armstrong 💙 RedBordeaux Paul Scholes David McNab @[email protected] Go Wash Your Brains #MMT Tim Worstall Eric Z half-man half-cado It's Just Numbers Stefan Demetz The Cable £/$ Guy (((Robin Levett))) TrevchenkoThe3rd Nancy Chris, the ambassador for Wokeland... Great SATisfaction tomS Harris Samaras Dilip Shah Daniel Anderberg Shayṭān is truth Naz Bank of England YouTube Trees...
wilson logan Arthur Eckart John Biesterfeldt Scottish Republican in the Colony Thomas Sirianni Alan Luchetti TIM GOLDFINCH Professor John Hearn Mike Houston Per Kurowski Stewart C Button Investing in America’s Future. Mr B (Those who know, know) Илья Шумилов ☭ Helgy QE4 Countdown #MMT ANGTraders The Pickled Blog Naomi Langford-Wood Henric Contini Parkers Plastering David Richardson Davidthechef Ellis Greenwood Simon O'Neill Philip Armstrong 💙 RedBordeaux Paul Scholes David McNab @[email protected] Go Wash Your Brains #MMT Tim Worstall Eric Z half-man half-cado It's Just Numbers Stefan Demetz The Cable £/$ Guy (((Robin Levett))) TrevchenkoThe3rd Nancy Chris, the ambassador for Wokeland... Great SATisfaction tomS Harris Samaras Dilip Shah Daniel Anderberg Shayṭān is truth Naz Bank of England YouTube 🤣