Скачать или смотреть TRS: Economic Aftershocks and the Pain of Lagging Indicators

Interest rate hikes, reduced federal targeted spending on the people... all will show their faces well after the initial bomb drops.

#Fed #InterestRates #Inflation #Layoffs #Unemployment #Austerity #SocialMurder #Neoliberalism #NAIRU #Corporations #LearnMMT

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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!
https://www.macroncheese.com

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