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.
If youre a big firm you’re going to have to get all your USD to a 100% govt money market fund and establish your own credit union staffed by your own people for the firm to use for payroll and current accounts payable/receivable...
US banking system completely unusable with these Art degree monetarist morons trying to operate it…
Wynne Godley was an art degree major, and so was Joan Robinson -- a historian in the first instance. Don't conflate a B.A. with BS -- anybody is capable of the latter!
5 comments:
If it were a Ukrainian bank there'd be no crisis. Lets go Brandon!
Mike, my only objection here is the insult you're giving art history majors (cf. Hannah Gadsby on Netflix).
Wynne Godley was an art degree major, and so was Joan Robinson -- a historian in the first instance. Don't conflate a B.A. with BS -- anybody is capable of the latter!
LOL yeah finger painting is really difficult!
These morons can’t even apply 8th grade algebra in a regulatory equation…
#unqualified
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