#Monetary Sovereignty – Mitchell
Economics, Money and Debt
BACKGROUND You may find it strange that two economics philosophies – Modern Monetary Theory (MMT) and Monetary Sovereignty (MS) – can agree on the same, fundamental truth, and yet diverge into markedly dissimilar paths. The fundamental truth of both MMT and MS is: A money issuer cannot unintentionally run short of its own sovereign currency. … Continue reading The stunning differences between MMT and MS
It’s unanimous. Social Security: How you are being conned How we can prevent recessions and depressions How you can change the world with just two words Hatriotism: America uber alles When economics loses its importance Mitigating America’s inequality problem: Progressive Voting. Why do they want to make you angry at the wrong thing? ” . . . some … Continue reading Ten years in reverse order
There is a rather widespread belief that if the government simply gives people money, they won’t work. Instead, they will be satisfied with the money they are given. The variables in this hypothesis are: The amount of money, the people’s needs, the jobs available, the salaries available, and perhaps most importantly, the psychology of the … Continue reading Will people still work if the government gives them money?
Yes, you are being conned, and the following article from the May 10, 2019 issue of The Week magazine unintentionally tells you how. Social Security will be insolvent in only 16 years, said Eric Boehm in Reason.com. That’s the finding of a new report by the program’s trustees, which says Social Security’s costs will exceed its income in … Continue reading Social Security: How you are being conned
#Monetary Sovereignty - Mitchell 