Patrick Loftus
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patrickloftus.bsky.social
Patrick Loftus
@patrickloftus.bsky.social
MA in #Degrowth, economics, ecology, & policy via ICTA-UAB. Studying #MMT and ecological economics at Torrens University via @modernmoneylab.bsky.social

Cofounder: https://www.modernmoneylab.org/ / PivotAll

He/him. Opinions my own.
I feel like @parismarx.com has thoughts about this, or knows someone involved in this space who can weigh in?
August 2, 2026 at 1:15 AM
And like, all of the systems connected to LLMs... which is a frighteningly large and idiotic share of the internet at this point...
August 2, 2026 at 1:12 AM
Thanks for the clarity. Interesting! Didn't realize states can't go bankrupt. I supposed they can default / get bad credit ratings, but then they can probably still issue low-interest loans and still get buyers (maybe Fed, maybe private investors), right? State tax revenue is always there...
July 4, 2025 at 3:31 PM
Love the idea! Some Qs, as someone still learning all this:
1) How can we be certain the Fed will purchase these bonds?
2) Blue states can only tax the rich (b/c tax the poor=bad/stupid) or ditch balanced budgets to do this, right?
3) Using fixed or variable interest bonds? Would fixed be better?
July 4, 2025 at 3:15 PM