@π©βπ’π π’π«π± πΌβπ¦π°π‘π¬πͺ
π©βecentralization and πΌβisdom
ππ«π§‘
Relays (3)
- wss://nos.lol/ β write
- wss://nostr.mom/ β write
- wss://nostr.bitcoiner.social/ β write
Recent Notes
What would make you think she βwouldβ print money? Republicans are pro spending, pro debt, and pro bailing out capitalism.
Because she subscribes to Modern Monetary Theory and that theory is okay with it. Yes, most elected Republicans aren't actually conservative with money.
https://www.fastcompany.com/90515098/what-if-the-federal-deficit-didnt-actually-matter-modern-monetary-theory-explained
https://www.fastcompany.com/90515098/what-if-the-federal-deficit-didnt-actually-matter-modern-monetary-theory-explained
1
She didnβt want to create money, just raise taxes on the wealthy elites who pay less taxes in percentage than blue collar workers.
Also she wanted to stop subsidizing oil companies and redirect that...
I think she's a great person, but she will create money if needed. She would try the first things you mentioned but she is not opposed to creating it. Hopefully, there's a change on the progressive left that becomes pro hard money or bitcoin standard.
Recent history has shown the left has balanced budgets better than the right, so using a hard money would be even better.
Recent history has shown the left has balanced budgets better than the right, so using a hard money would be even better.
1
β1π1
The dad lore weβre all gonna have from being in bitcoin is going to be insane bruh lol
So much crazy shit has happened Iβve already forgotten most of it
Is this why we are repeating similar problems?
"This time it's different" they said.
"This time it's different" they said.
Allocation of resources is not creating money.
Creating money is not that...
"Coined by Australian economist Bill Mitchell and popularized recently by Democrats like Rep. Alexandria Ocasio-Cortez to fund programs such as the Green New Deal, MMT holds that a country with its own currency can spend almost unlimited sums of money. While government spending is normally financed by either taxes or borrowing, MMT suggests that governments can also do this by simply creating money."
"Coined by Australian economist Bill Mitchell and popularized recently by Democrats like Rep. Alexandria Ocasio-Cortez to fund programs such as the Green New Deal, MMT holds that a country with its own currency can spend almost unlimited sums of money. While government spending is normally financed by either taxes or borrowing, MMT suggests that governments can also do this by simply creating money."
1
Sheβs definitely not for money creation. She is a socialists, that means she believes in proof of work and is against exploitation.
https://theconversation.com/trillions-in-coronavirus-spending-is-putting-aocs-favorite-economic-theory-to-the-test-143378
She has been in favor of MMT. Has she changed her mind?
She has been in favor of MMT. Has she changed her mind?
1
She is such a strong, intelligent leader! #bitcoin #nostr
https://blossom.primal.net/889fce60e1bc48322ea38144d5e7820bf8f9134c7d84ff3792214e3daed60eef.jpg
Do you know her stance on economics?
Last I heard she's for constant money creation. MMT.
Last I heard she's for constant money creation. MMT.
1
While dumb, I think it is a useful heuristic to weed out people who are not ready to make their own decisions about things.
For years when Iβve gotten various flavors of the βbut, but, we donβ...
Wernher von Braun - a Nazi rocket engineer
The Manhattan Project - the bomb
Fritz Haber - chlorine gas
All of these inventors / inventions that killed led to innovations that helped humanity.
The Manhattan Project - the bomb
Fritz Haber - chlorine gas
All of these inventors / inventions that killed led to innovations that helped humanity.
When life gives you lemons, and you are up to your eyeballs in lemonade...
#comic #positivity #life
β€οΈ1