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No, MMT is just a description of how a sovereign currency works, not what is done with it. Nothing about MMT says you can't tax the rich.
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You can only understand what your brain allows you to understand. So, you’re stuck with understanding things that fit that worldview. If information comes in that doesn’t fit that worldview it’ll be either: 1) Not Noticed 2) Ignored 3) Ridiculed, or 4) Attacked #ABCsofMMT
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First question for anyone running for Congress needs to be: Do you know that your vote is what creates the money, all the money? #ABCsofMMT
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This explains why MMT works. Prof Keen's software Minsky can easily perform the exercises. @ProfSteveKeen @wbmosler @StephanieKelton @sdgrumbine @ABCsofMMT instagram.com/tv/CbMSG3hKYX0…

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Replying to @BernieSanders
Because you keep talking about “HoW yA gOnNa PaY fOr It” instead of “How are things paid for”. #ABCsofMMT
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Daily Treasury Statement The “Checkbook” of the US Government $13.6 billion to help Ukraine and European allies plus $1.5 trillion to avoid a government shutdown… Well… “HoW aRe Ya GoNnA pAy FoR iT?” Easy: Congress Spending Bill President Signature Treasury Spends #ABCsofMMT
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Daily Treasury Statement The “Checkbook” of the US Government Another day, another Dollar Lots of them by the looks of it! Where’d they come from? The US Government, of course! That’s how it works. #ABCsofMMT
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Daily Treasury Statement The “Checkbook” of the US Government “How ya gonna pay for it?” “Where’d ya get the money?” … yeah, it’s right here, it’s just data entry, numbers on a spreadsheet, simple stuff, how it’s always been done 🤷‍♂️ #ABCsofMMT
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Could we just fund retirement directly through the Federal Government, since, you know, it is the sole creator of US Dollars? Simple #ABCsofMMT
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Daily Treasury Statement The “Checkbook” of the US Government Here’s that Public Money being spent into existence! #ABCsofMMT
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Replying to @elwalvador
You’ve got it!! #ABCsofMMT
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