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jayithy.bsky.social
To better understand what this means, Please read the deficit myth by Stephanie Kelton. #learnMMT #MMT #understandMMT #teachMMT
October 28, 2026 at 12:02 PM
stephenaytch.bsky.social
#UnderstandMMT #LearnMMT
#ModernMonetaryTheory

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This is Modern Monetary Theory: The federal government uses the dollar to regulate the US economy. You cannot pay your taxes in anything but US dollars. Therefore, taxes exist mainly to ensure that we all need dollars, i.e. to maintain demand for paper and electronic fiat currency. The federal government gets dollars with its printing presses. Since it also uses the tax to drive demand for the dollar, that together with the reality of the printing press means that your taxes don't pay for government programs, new dollar creation does. Your taxes are simply deleted from the economy. The so-called "national debt" is only the difference between spending and the total tax receipts. And THIS is why the "debt clock" doesn't refer to anything real. You are letting them cut Medicaid for nothing. Please wake up.
April 10, 2026 at 1:34 PM
jayithy.bsky.social
Yet another example of why I continue to advocate for everyone to learn how our current macroeconomic system really works. #learnMMT #MMT #understandMMT #teachMMT
June 17, 2026 at 4:47 AM
jayithy.bsky.social
The inept #WhiteFlagDemocrats love austerity. They will totally go along with this. #learnMMT #MMT #understandMMT #teachMMT
April 3, 2026 at 1:56 PM
jayithy.bsky.social
Actually, all completely false. SE the federal government creates "the money" out if keystrokes. #learnMMT #MMT #understandMMT #teachMMT
April 3, 2026 at 1:54 PM
jayithy.bsky.social
Yet another example of why I continue to advocate for everyone to learn how our current macroeconomic system really works. #learnMMT #MMT #understandMMT #teachMMT
April 3, 2026 at 2:04 AM
jayithy.bsky.social
These are political choices, not fiscal constraints. #teachMMT #learnMMT #MMT #understandMMT
April 1, 2026 at 1:52 PM
jayithy.bsky.social
Yet another example of why I continue to advocate for everyone to learn how our current macroeconomic system really works. #learnMMT #MMT #understandMMT #teachMMT
March 20, 2026 at 3:07 PM
jayithy.bsky.social
Yet another example of why I continue to advocate for everyone to learn how our current macroeconomic system really works. #learnMMT #MMT #understandMMT #teachMMT
March 6, 2026 at 11:22 AM
jayithy.bsky.social
Please read the deficit myth by Stephanie Kelton. #learnMMT #MMT #understandMMT #teachMMT
January 27, 2026 at 11:13 AM
jayithy.bsky.social
Please read the deficit myth by Stephanie Kelton. #learnMMT #MMT #understandMMT #teachMMT
January 27, 2026 at 6:05 AM
mcfab59.bsky.social
Still don’t get it. China runs a fiat economy and actually understands the tremendous scope that gives them. The west is still balancing spreadsheets while the world goes to shit.

#UnderstandMMT
May 21, 2025 at 10:56 PM