Stop the madness, learn economics, - The operational reality of US govt Posted: Oct 13th, 2018 - 7:53 am
If the US Federal Government alone has the sole authority to spend new dollars into existence, why would we advocate reducing spending on the people?
Can some really snazzy person explain that?
I am still trying to understand the impulse.
Oh... wait... you thought the creator of the US Dollar was like a household... that they have to pinch pennies here and there? That they have to make "tough choices" and cut spending cause... "if ya ain't go the money, ya ain't got the money..."
Is that it?
Ohhhhh... wait... you thought the US Government was in debt to private banksters??? You... wait... you thought the Federal Reserve... Written into law by the United States Congress in 1913... controlled the nation??? You didn't know that Congress can amend and change and do whatever it has the collective will to do to fundamentally alter the Fed? You didn't know the "private Federal Reserve" gives all of its profits... all of them to the US Treasury??? Some profit making scheme that is.
It really is masochistic to believe the lies and tales from the fireside about these issues while people are suffering and the fix is so simple...
When Congress authorizes spending... spending is done. Article 1 section 8 of the US Constitution Grant's the authority to them alone.
Stop self mutilating... stop self sabotage.
#LearnMMT and #EachOneTeachOne so we can build the world in a beautiful way... self sustaining and healthy. Life bearing and gorgeous. Not austere and deadly. Be smart. Be better. Learn MMT.
If the US Federal Government alone has the sole authority to spend new dollars into existence, why would we advocate reducing spending on the people?
Can some really snazzy person explain that?
I am still trying to understand the impulse.
Oh... wait... you thought the creator of the US Dollar was like a household... that they have to pinch pennies here and there? That they have to make "tough choices" and cut spending cause... "if ya ain't got the money, ya ain't got the money..."
Is that it?
Ohhhhh... wait... you thought the US Government was in debt to private banksters??? You... wait... you thought the Federal Reserve... Written into law by the United States Congress in 1913... controlled the nation??? You didn't know that Congress can amend and change and do whatever it has the collective will to do to fundamentally alter the Fed? You didn't know the "private Federal Reserve" gives all of its profits... all of them to the US Treasury??? Some profit making scheme that is.
It really is masochistic to believe the lies and tales from the fireside about these issues while people are suffering and the fix is so simple...
When Congress authorizes spending... spending is done. Article 1 section 8 of the US Constitution Grant's the authority to them alone.
Stop self mutilating... stop self sabotage.
#LearnMMT and #EachOneTeachOne so we can build the world in a beautiful way... self sustaining and healthy. Life bearing and gorgeous. Not austere and deadly. Be smart. Be better. Learn MMT.
You have been lied to and taken advantage of...the end of the ride is here for waaay too many. Scales are tipping, time to learn. Incrementalism is not good enough, really never has been, but there are psychological/sociological reasons that we, the people, accept that we're not good enough.
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