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Will Beaman

@greenbackbetter.bsky.social did:plc:74rhp7uria6jeojgpaddvubp

Will (he/him) on Zoom Bassist for HR Lady and the Smoothgroins @moneyontheleft.bsky.social

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Will Beaman (@greenbackbetter.bsky.social), 6 Temmuz 2023 tarihinde katılan bir Bluesky kullanıcısı. 2.521 takipçisi var, 2.956 hesabı takip ediyor ve 4.655 post paylaştı.

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Son beğendiği postlar

Bluesky ağındaki herkese açık beğeniler.

  • Comfortably Dumb@zdneal.bsky.social

    We should reframe estate taxes as the government extinguish claims rather than collecting money. If a person dies with a liability or an asset it should be extinguished, and not netted. Beyond any security agreement with the specific asset.

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  • Micah Sherman@shermanmicah.bsky.social

    We need public financing (loans) to build infrastructure, we need public funding (grants) to subsidize residents, not private financiers. We need long term capital to build ecosystem of non market development all over the state. It'll bring stability across the building cycle and reduce costs.

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  • Micah Sherman@shermanmicah.bsky.social

    When we acknowledge the capacity of banks to create money we see the housing affordability crisis for what it its, a credit created asset price inflation. We need public credit policy to finance public goods to draw that bubble down. It's very simple. Build institutions to do this work

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  • Micah Sherman@shermanmicah.bsky.social

    In reality banks are credit intermediaries that create money when they lend. Most bank lending is supported by housing prices. The relationship between bank credit and housing prices is direct and obvious with a credit theory model of banking. It's obscured by loanable funds. This is on purpose.

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  • Micah Sherman@shermanmicah.bsky.social

    An ideological commitment to the loanable funds model, and the resulting worldview, prevents people from seeing what's really going on with housing prices. Individual private banks mimic being financial intermediaries and this makes it seem like the banking system loans accumulated savings.

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