New Economics for Sustainability & Humans #MMT☘️
@maconnolly888
Husband-father-grandfather-brother-uncle 74yo time traveller Guitar-bodhran-song-photography-art MMT in profile>followback Socialism for the people Citizen democracy Karate part MML Master Economics of Sustainability Darkinjung land Antifa: a concept
It's all well and good to have the motto blazoned across everything How about actually DOING something positive?? Muppets, bought and sold!
The UK govt (& many others) could just write-off the debt it owed itself AND NOTHING WOULD HAPPEN The economoists and commentators would all have to find a new story and should all be embarrassed to the core with the rubbish they put out about how the economy works billmitchell.org/blog/?p=6325...
And he doesn't give a single fuck Thinks he's done a great powerful thing Thing is, when you have to cheat to 'win', you are a LOSER!
Summary: what is all the (virtual) fuss about?
Stolen from The Satire Ministry on FB 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
You mean here, right in the middle of Mulwala, and here just outside Benalla?
The worst World Cup ever and it hasn't even started Certainly not the 'world game' in this year
In the USA, the Zionists are not hiding their 'donations' and flaunting the fact that $15.5m can beat the guy who took nothing trackaipac.com
True in 1938 Still true in 2026 National govts spend money into existence They do not spend 'taxpayer dollars'
I copied this from an email from @graceblakeley.substack.com She goes on to say that most economists blamed COVID for 'imported inflation' but companies local & overseas were just jacking prices 'cos they could' as Weber said The last thing we needed from the RBA was the last two cash rate rises ..
This is not esoteric economic nonsense Far from it The politicians & economists who ignore this are making your lives worse than they have to be in so many ways If YOU learnt about it you could join in pressuring them for some truth and a better deal! ... or don't bother and let things say the same
Who has the wealth in the USA? Yellow: lowest 50% of the population own 3% of wealth Orange: next 40% of the population own 30% of wealth Green: next 9% - 36% of the wealth Blue: next 0.9% own 9% of the wealth LIlac: top 0.1% own 14% of the wealth (St Louis Fed fred.stlouisfed.org/release/tabl... )
What here can't people understand? Our national govts are no longer democratic representatives of the people Voting makes little difference while the donors & lobby groups have the real power We're not fighting a losing battle We've lost the battle & need to find a way back For our very existence
Defence manufacturers are loving the war and making huge profits It all goes to the bottom line and to USA GDP While other parts of the world and their people are blown apart This is not normal responsiblestatecraft.org/iran-war-wea...
Here's a list of the 20-ish biggest NASDAQ firms with market cap(Worth) & Price-Earnings ratio. A P/E of 20 means it takes 20 years of dividends to back back your initial cost of buying the share Would YOU wait that long for returns? US stock market is WAY overvalued & the house of cards will fall
Lagarde says this openly about the Eurozone People must surely understand it is true of most currency-issuing nations I doesn't mean they can go mad but they can afford spending denominated in their currency & deficit spending is NOT a boogieman They need to balance their economy, not the budget
www.palestinechronicle.com/no-time-for-...
Read these or just search the topics This is who our politicians are serving & will continue to do so until we take political donations out of the system & give better transparency to ALL government dealings 'Lobby groups' rule eg fossil fuels, Zionists, miners, gambling ... Same around the world