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Some basics. The US Dollar is a tax credit. It is a unit of measure. You can't run out of inches You can't run out of numbers The government can't run out of dollars... unless it purposely, politically chooses to. Thread 1/x

Have a quick read through this thread. What you're not supposed to know about money. I'm telling you - the essential first move towards true democracy and a stable economy fit for public purpose is the control of the means of production of money. x.com/sdgrumbine/sta…

🧀NEW DROP!🧀 From #Ukraine to #Trump, take a look at the current global political tectonics, the #DOGE #broligarchy, and US bipartisan fear mongering with Thomas Fazi & ΛЦƧƬΣЯIƬY IƧ MЦЯDΣЯ - bring your sarcasm filter! 🔥 realprogressives.org/mnc-podcast-ep…

This ‼️👇🚨

Economics is literally a matter of life and death. Steve Grumbine on the MMT101 Podcast. #Economics

I hope you will learn from this! 👇💯❤️‍🔥

MMT describes the plumbing of the monetary system and provides a lens for analysis. Once money is spent into the economy by the state, it went from a neutral explanation to political economy, expressing power, values and interests. This is why MMT without a class analysis gives

The View From Mars (unplugged) Distribution is a value So as I state in the above... once you understand the plumbing of MMT, you know who is a wicked pile of shit. It truly exposes the heart. Those who advocate for reducing spending and eliminating services are demonic.

@lucy9392 I believe that it will help individuals stop carrying the water for narratives that splinter workers from their class interests and ultimately serve to radicalize individuals to begin organizing appropriately as opposed to pretending we can vote this away.

"Finding the Money needs Clara Mattei’s razor-sharp class analysis: when she writes that 'austerity is not economic necessity but class war' (Mattei 2022), she’s naming the game. That’s the peanut butter to MMT’s chocolate!" realprogressives.org/a-belated-look…

For those at the back: 1) The UK Govt pays NHS wages by spending new £s into existence. I.e. Your taxes DO NOT pay NHS workers’ wages. 2) NHS pensions are paid by current NHS contributions (NO tax money is used to pay NHS pensions) 3) NHS pension pots DO NOT EXIST 👇🏻

What is the core of today's political struggle? You know, the core that our current bought-off politicians of all stripes don't want to talk about. Michael Hudson pinpoints it below. To sum up the context, what happened is that early C19 capitalists struggled free from the old

Terry Hogan 💙 Here’s a helpful starter thread. The UK isn’t going bankrupt, like Gary says, public services are 100% affordable. Govt will never run out of £ or go bust. It doesn’t need rich people’s taxes to pay for anything either.

Learning WWII history the proper way means understanding three things: Japan attacked Pearl Harbor because the US imposed an oil embargo on them. The US also knew the attack was coming. Nuking Japan was purely a show of force against the USSR Stalingrad was more imp than D-Day

1. “The fact that the U.S. government is a monopoly issuer of the U.S. currency is an obvious fact. The fact that an issuer of a currency doesn’t need to borrow its own currency from anyone else in order to spend is also an obvious fact.

If we had the power to design our own political system, what would it look like? Join us tonight @ 8 ET for Macro n Chill to listen to & discuss our latest ep. ft. James Fishkin. #Deliberation #Sortition #Democracy Register: us06web.zoom.us/meeting/regist…

Serioualy... come. 8PM EST 5PM PST

REMINDER: Palantir is quietly fusing every federal agency into one predictive surveillance engine. Your digital profile feeds a growing, unregulated super-database. Few know, fewer care—until it’s used to predict your future "crimes." No consent. No oversight. No escape.

Especially if you are in the north of England or midlands, I'd love to see you in Sheffield next month, to discuss the economics of why austerity makes no sense, what an MMT frame suggests for policy, and how to build a better future, Polanski or Corbyn. events.humanitix.com/public-money-m…

Because this seems like the right time to encourage MMT-informed discussions in as many places as possible, we are promoting events in Vienna, Amsterdam, Adelaide, Sheffield, Bristol, and online. We = Gabie Bond + Me. Too much to chew? I hope not. Help if you can, please :)