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    GhostOnTheHalfShell (ghostonthehalfshell@masto.ai)'s status on Friday, 17-Jan-2025 08:50:59 JSTGhostOnTheHalfShellGhostOnTheHalfShell
    in reply to
    • Laffy
    • TC Won't Give In To Lies
    • Nicole Parsons
    • *|FNAME|* 🇨🇦🇺🇦🇬🇱

    @TCatInReality @Npars01 @Crispius @GottaLaff

    MMT describes how the monetary system of the currency sovereign work. Full stop. Monetary inflation only occurs when the government adds money to an economy at full employment. And I will stress here there are many Sources of inflation, such as profiteering that have nothing to do with the amount of money in the economy.

    The federal government funds the federal government, not taxes. Debt ceiling doesn’t matter. It doesn’t change where $ comes from

    In conversationabout 5 months ago from masto.aipermalink
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