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.
'Sometimes known as the “math poet,” John Laurits ( pronounced LOH-rits ) is a poet, journalist, activist, and guerrilla educator residing in Oregon with a useless degree in eastern philosophy, along with the absurd debt which resulted from it and which is likely to follow him to his death. ...'
"US economics departments are 99.56% pro Keynesian/Funny Money."
If you are worried about dollars being "funny money," then please give your "funny money" to me. I will kindly take all you have, and relieve you of the burden.
I asked Jeff Bezos to let me help him. I offered to take a few billion of his "funny money" dollars of his hands, using a simple bank transfer.
4 comments:
Tom,
I stumbled across this favorable MMT post which is cross-posted on medium.com. It is very well written.
Modern Money Systems: Understanding the Monetary Mechanics of Value pt1 & pt2
https://www.johnlaurits.com/2018/mmt-modern-money-system-explained/
https://www.johnlaurits.com/2018/mmt-marxism-modern-money-part-2/
About page: https://www.johnlaurits.com/about/
'Sometimes known as the “math poet,” John Laurits ( pronounced LOH-rits ) is a poet, journalist, activist, and guerrilla educator residing in Oregon with a useless degree in eastern philosophy, along with the absurd debt which resulted from it and which is likely to follow him to his death. ...'
Thanks, Richard. I promoted the links to a post.
Wow. US economics departments are 99.56% pro Keynesian/Funny Money. The fifteen or so Austrian-lites at GMU are SUCH A SERIOUS THREAT TO MANKIND.
"US economics departments are 99.56% pro Keynesian/Funny Money."
If you are worried about dollars being "funny money," then please give your "funny money" to me. I will kindly take all you have, and relieve you of the burden.
I asked Jeff Bezos to let me help him. I offered to take a few billion of his "funny money" dollars of his hands, using a simple bank transfer.
So far he has not responded.
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