It's not even taxes. The government would simply print the money and inflate the currency.
Where 'can afford to buy' = 'can coerce citizens to pay taxes to buy'.https://twitter.com/StephanieKelton/status/1093575469440618496 …
-
-
-
Which is functionally equivalent to a wealth tax, yes?
- 4 more replies
New conversation -
-
-
You’re completely misrepresenting her viewpoint. She’s *specifically stated* that you don’t need to tax to pay for things. Why does this seem to happen so often? In case you want to understand her viewpoint, it’s known as Modern Monetary Theory (MMT).http://neweconomicperspectives.org/2013/03/what-is-modern-monetary-theory-or-mmt.html …
-
MMT = "It's not hyperinflation if we only do it a little"
- 5 more replies
New conversation -
-
-
Government exists to solve collective action (market failure) problems. Carbon pollution is the textbook example. I’m not a fan of much of this “plan,” but ignoring the problem is anti-capialist; pollution is a form of subsidy & a wealth transfer from future generations to us.
-
If Republicans were capitalists, they’d be pushing for market-based solutions such as less regulation of nuclear. Instead they’ll cede the solution set to the Democrats and we’ll get their best ideas. But at least they’re ideas.
- 1 more reply
New conversation -
-
-
Actually the “government” can’t pay for anything. We the people do the paying.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
It's worse. It's some weird kind of inflation denialism.
- End of conversation
New conversation -
-
-
I am still uncertain about whether this tweet is satire?
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.