An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Sunday, April 10, 2011
New Xtranormal video debunks the deficit
Nicely done Xtranormal video by one of our MMT friends debunking the deficit. Some of the dialog was taken from my, "How are we going to pay it back," post, here.
Very nice.
ReplyDeleteIt's not in paradigm, is it?
ReplyDeleteClose enough for a start. The part about taxes is ?
ReplyDeleteYes, out of paradigm with the tax increases, but I agree with Tom, it's a start and it should be praised.
ReplyDeleteI have praised it, but also pointed out the departure from one of our main points here:
ReplyDeletehttp://my.firedoglake.com/ubetchaiam/2011/04/10/the-deficit-debate-is-deception-drivel/#comment-265587