MMTAction
mmt-action.bsky.social
Economics for People — built on Modern Monetary Theory. Evidence-based arguments, interactive tools, and advocacy resources. mmtaction.com
👤 Joined on 30 November 2025
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- 30 Kas 2025, 17:46
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Taxing the rich needs to be done to start to tackle inequality. It has nothing to do with any government spending. All tax collected is destroyed and all government spending is newly crated money. #MMT youtu.be/x3TJFoQWCHA?...
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The main collateral for all bank loans is land/property. As banks are in effect major landowners shouldn't they be liable for a proportion of the Land Value Tax when it's introduced here by a Burnham government? He is a supporter after all.
Show PostThe problem is that the neoliberal BoE mistakenly believes that inflation can be controlled by making more people unemployed.
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On the whole, the modern politician needs someone to blame for their abject failure. Imagine solving problems. How would they justify their existence?
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This blew my mind. I *think* I understand most of it, but I'll be delving deeper into MMT going forward.
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