Macro Economics, International Investor, Risk Management, & Mentor. Founder of BKC (Bare Knuckle Charting) As simple as 1,2,3! Follow me on Patreon.
Joined February 2020
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-Money Creation And Currency Creation
-How Does Gov't Fund Itself And Create $s
-How is Money Created And Who Creates it?
-How is Money Destroyed?
-Is Money Debt?
-Does The Gov't Print $s and Spend?
-Can Gov't Issue A Currency And Spend?
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When data contradicts #MMT, attack the data. An unfalsifiable claim isn't a scientific theory. Promise something for nothing, dismiss critics, declare conventional knowledge false, and preach MMT as absolute truth. Cult tactics, not economics.
REALMACROPVT retweeted
It's pretty obvious what causes inflation 5 years ago.
#MMT helicopter money. Gov Borrowing for the "people's economy"
Now "the people" can't afford schitt.
Yet another fine example of treasury being reckless and MMT is against the people's economy. Not for it.
Meanwhile JPY has lost over 50% of its value. The situation is so grave that the Central Bank Of Japan has been taken over by the US Treasury.
Zimbabwe never had a solvency problem either. You think he sold the $ to buy either currency and put his money where his mouth is?
😂🤡
REALMACROPVT retweeted
#MMT’s Kelton literally chokes after her real neo-Soviet agenda slips out: abolish central-bank independence.
In the same breath, she admits that independence exists—blowing up the MMT claim that central banks already fund government
Even her throat rejected the contradiction
REALMACROPVT retweeted
#MMT removes discipline, then replaces it with control.
🤦♂️
REALMACROPVT retweeted
"HOW GOV SPENDS MATTEES"
#MMT skips wealth creation, skips Gov funding, and starts at ledger entries. It treats accounting as the source of value for claims. Then when reality bites, it blames politicians: “They spent wrong.”
Heads MMT wins. Tails reality gets blamed.
REALMACROPVT retweeted
#MMT in full-blown damage control mode, trying to defend #Japan and the $JPY Since April, the JPY is fighting out with the $TRY, which is going to crash faster! G7 vs Emerging🤦♂️
Told ya!
The proof is in the pudding. 👇
patreon.com/RealMacro
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REALMACROPVT retweeted
#MMT ers are not the only crazies using economics for political purposes. That's why their economcis never pans out as you would expect.
So look for economics that only cares about economic and not politics. Only then you will see the difference.
REALMACROPVT retweeted
AHH! YES!
The #MMT Immunization Fallacy!
Linguistic immunization is the key to the "Description."
REALMACROPVT retweeted
The #MMT immunization Fallacy
MMT Policy is correct → reality failed to cooperate.
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#LearnMMT
youtu.be/bACsxenHJLc
