tag:blogger.com,1999:blog-2761684730989137546.post4883251823539025998..comments2024-03-29T07:30:30.121-04:00Comments on Mike Norman Economics: All In One John Tasioulasmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2761684730989137546.post-28377464572156906932021-01-30T07:39:31.811-05:002021-01-30T07:39:31.811-05:00No they don’t .... “money” is a figure of speech....No they don’t .... “money” is a figure of speech... all they have to do is fix the exchange/conversion ratio of the two numismatic units at 1:1 and issue...<br /><br />Instead they fix the regulatory capital of the Depositories and then ofc have to adjust the conversion ratio of the external currency assets...<br /><br />It’s not “floating!” that is ANOTHER figure of speech... <br /><br />Try not using futures of speech all the time like normal (STEM) people...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-75926384099746419552021-01-30T01:29:35.205-05:002021-01-30T01:29:35.205-05:00and govt has to get “it” from taxpayers. Franko
I...<i> and govt has to get “it” from taxpayers.</i> Franko<br /><br />In the case of non-monetarily sovereign governments that might be true (exception: revenue sharing from the monetary sovereign).<br /><br />And note that MMT proposes to use taxation to curb price inflation rather than interest rates.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-75077190254571109312021-01-30T00:14:27.095-05:002021-01-30T00:14:27.095-05:00“ Think, for example, of a tax law that unjustly b...“ Think, for example, of a tax law that unjustly burdens the poor, but is nonetheless published in advance, set out clearly and accessibly, and enforced by officials according to its meaning – thus meeting the requirements of the rule of law. The injustice might even be so great that disobedience on the part of the poor would be warranted.”<br /><br />Guaranteed this guy thinks “money” is real and govt has to get “it” from taxpayers.... making the typical reification error these dumb people are always making and doesn’t even realize it.. guaranteed...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-52376006086453654692021-01-29T19:12:05.722-05:002021-01-29T19:12:05.722-05:00The Swiss army knife of philosophies?
Does everyth...The Swiss army knife of philosophies?<br />Does everything poorly.Peter Panhttps://www.blogger.com/profile/09473311771939167712noreply@blogger.com