End the deficit myth, neoliberalism, and austerity! The deficit myth is made up so that the establishment, plutocrats, and the 1% can hoard all the wealth and resources, instead of giving some up to US THE PEOPLE.
We must educate ourselves and others so that we can stay strong in the face of establishment neoliberal garbage.
“How I came to Learn MMT”
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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