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Modern Monetary Theory (MMT) (Read 91681 times)
Lisa Jones
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Re: Modern Monetary Theory (MMT)
Reply #630 - Oct 6th, 2023 at 11:26am
 
thegreatdivide wrote on Oct 6th, 2023 at 11:05am:
Lisa Jones wrote on Oct 6th, 2023 at 10:24am:


NotSoGreat- instead of endlessly chatting to yourself in this lonely topic how about you log back into your Linus ID and pop back downstairs into the Atheism topic. Your choice of course. If you prefer to sit here and chat to yourself for a few more pages...that’s ok too.😂🤣😆


This thread is to serve an educational purpose.

Note the 'views' total, well over 40,000 - more than most threads on Ozpolitics.

As for 'atheism', you are following scripture made by men, so will have a crippled ability to say anything sensible about 'God'.



Apologies for the delay in posting to you Linus.

I was busy reading this 👇

https://www.isepp.org/Pages/ISEPP%20Pages/PaulingLegacy.html

As regards your now highlighted remark:

I had to correct it. So you could see yourself in the same mirror you keep holding up for others. 👇

As for 'atheism', you Linus...are following theories made by men, so will have a crippled ability to say anything sensible about 'God'.
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If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)
 
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thegreatdivide
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Re: Modern Monetary Theory (MMT)
Reply #631 - Oct 6th, 2023 at 11:59am
 
Lisa Jones wrote on Oct 6th, 2023 at 11:26am:
As for 'atheism', you Linus...are following theories made by men, so will have a crippled ability to say anything sensible about 'God'.


Debate continued on the atheism thread.

This thread considers topics like understanding Argentina's economic downfall, how to pay for climate change transition, and  the nature of money (who creates it, etc_ ).

Way above your pay-grade, Lisa....Sad
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« Last Edit: Oct 6th, 2023 at 12:30pm by thegreatdivide »  
 
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Lisa Jones
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Re: Modern Monetary Theory (MMT)
Reply #632 - Oct 6th, 2023 at 12:22pm
 
You’ve not debated anything anywhere.

You’re POSTING to yourself everywhere.

And I bet you’re the idiot viewing this topic thousands of times thinking that the number of views actually means something. It doesn’t - unless you’re insane and desperate.
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If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)
 
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thegreatdivide
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Re: Modern Monetary Theory (MMT)
Reply #633 - Oct 6th, 2023 at 12:28pm
 
Lisa Jones wrote on Oct 6th, 2023 at 12:22pm:
You’ve not debated anything anywhere.

You’re POSTING to yourself everywhere.

And I bet you’re the idiot viewing this topic thousands of times thinking that the number of views actually means something. It doesn’t - unless you’re insane and desperate.


Frank, Bobby, and various articles by "experts' purporting  to refute MMT have all been debated and refuted in this thread. 

I'll bite: what DOES the number of views mean?
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Lisa Jones
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Re: Modern Monetary Theory (MMT)
Reply #634 - Oct 6th, 2023 at 12:32pm
 
thegreatdivide wrote on Oct 6th, 2023 at 12:28pm:
Lisa Jones wrote on Oct 6th, 2023 at 12:22pm:
You’ve not debated anything anywhere.

You’re POSTING to yourself everywhere.

And I bet you’re the idiot viewing this topic thousands of times thinking that the number of views actually means something. It doesn’t - unless you’re insane and desperate.


Frank, Bobby, and various articles by "experts' purporting  to refute MMT have all been debated and refuted in this thread. 



No. They’ve passed by momentarily to tell you you’re insane.

You sit here muttering to yourself a lot though.

Example 👇

https://www.ozpolitic.com/forum/YaBB.pl?num=1645944963/615

There’s been no debate. It’s all in your imagination. Keep viewing the topic. You must do that about 2000 times a day ...yeah? 😂🤣😆
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If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)
 
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thegreatdivide
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Re: Modern Monetary Theory (MMT)
Reply #635 - Oct 7th, 2023 at 9:14am
 
Lisa Jones wrote on Oct 6th, 2023 at 12:32pm:
thegreatdivide wrote on Oct 6th, 2023 at 12:28pm:
Lisa Jones wrote on Oct 6th, 2023 at 12:22pm:
You’ve not debated anything anywhere.

You’re POSTING to yourself everywhere.

And I bet you’re the idiot viewing this topic thousands of times thinking that the number of views actually means something. It doesn’t - unless you’re insane and desperate.


Frank, Bobby, and various articles by "experts' purporting  to refute MMT have all been debated and refuted in this thread. 



No. They’ve passed by momentarily to tell you you’re insane.

You sit here muttering to yourself a lot though.

Example 👇

https://www.ozpolitic.com/forum/YaBB.pl?num=1645944963/615

There’s been no debate. It’s all in your imagination. Keep viewing the topic. You must do that about 2000 times a day ...yeah? 😂🤣😆


That link reports on a global financing debate that is currently raging among the world's governments at the UN, and other international forums. 

If the climate scientists are correct,  it's the 'atheism' debates on Ozpolitics which will be immaterial....


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thegreatdivide
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Re: Modern Monetary Theory (MMT)
Reply #636 - Oct 7th, 2023 at 9:28am
 
Quote:
https://www.msn.com/en-au/news/other/dangerous-conspiracy-to-end-democracy-in-2025-taking-root-among-right-wing-billionaires-analysis/ar-AA1hNgGt?ocid=msedgdhp&pc=ENTPSP&cvid=dd6eed54b7ac4740a6ca7018861726f5&ei=21


'Dangerous conspiracy' to end democracy in 2025 taking root among right-wing billionaires: analysis

"Right-wing billionaires are investing in a conspiracy cooked up by obscure professors at conservative colleges to end American democracy and install an authoritarian dictator.

Conservatives are pining for a "Red (ie Republican)  Caesar" to suspend democracy in 2025 and wrest power back from the "cosmopolitan class" of unelected elites they believe are ruling America, and they see congressional dysfunction as a symptom of the institutional rot they believe a dictator could cure, wrote Philadelphia Inquirer columnist Will Bunch.


.......

ah---the attractiveness of a one-party state....


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Lisa Jones
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Re: Modern Monetary Theory (MMT)
Reply #637 - Oct 7th, 2023 at 9:43am
 
You’re an extremist nutter!

https://www.unexplained-mysteries.com/forum/topic/370995-dangerous-conspiracy-to...

Linus busted NotSoGreat - just log off the internet and go do some gardening. You’re not debating WITH ANYONE. YOU ARE CONTINUING TO POST TO YOURSELF EXTREME LEFT WING WOKE CONSPIRACY TOSSPOTTERY FROM links you’re too embarrassed to properly provide.
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If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)
 
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thegreatdivide
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Re: Modern Monetary Theory (MMT)
Reply #638 - Oct 7th, 2023 at 11:29am
 
Lisa Jones wrote on Oct 7th, 2023 at 9:43am:
You’re an extremist nutter!

https://www.unexplained-mysteries.com/forum/topic/370995-dangerous-conspiracy-to...

Linus busted NotSoGreat - just log off the internet and go do some gardening. You’re not debating WITH ANYONE. YOU ARE CONTINUING TO POST TO YOURSELF EXTREME LEFT WING WOKE CONSPIRACY TOSSPOTTERY FROM links you’re too embarrassed to properly provide.


Er.." they see congressional dysfunction as a symptom of the institutional rot they believe a dictator could cure, wrote Philadelphia Inquirer columnist Will Bunch."

"Founded on June 1, 1829, as The Pennsylvania Inquirer, The Philadelphia Inquirer is the third-longest continuously operating daily newspaper in the nation. It has won 20 Pulitzer Prizes as of 2020."

Dont shoot me, I'm just the messenger.

Slumber on......

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thegreatdivide
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Re: Modern Monetary Theory (MMT)
Reply #639 - Oct 9th, 2023 at 3:57pm
 
From 'Crikey":

"The outstanding payments are for hotel quarantine — there’s almost $40 million in outstanding fees and the government needs that money, Minns says. "

It's a pity Minns doesn't understand that money which has already been spent by the government, eg on hotel fees during the pandemic, won't cause future inflation, because  the hotels have already supplied the service, paid their employees,  and the rooms are available for guest accomodation again.

And supply chains are up and running again (after the lifting of the covid lockdowns). 

Therefore Minns should have a chat with the Australian Treasury.....
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« Last Edit: Oct 9th, 2023 at 4:02pm by thegreatdivide »  
 
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Re: Modern Monetary Theory (MMT)
Reply #640 - Oct 11th, 2023 at 4:24pm
 
Fundamental issues brought us to the verge of fascism — and we’re ignoring them every day | Opinion

https://www.msn.com/en-au/news/other/fundamental-issues-brought-us-to-the-verge-...

Here are fundamental issues that brought us to the verge of fascism and we’re ignoring them every day:

— Income inequality and the role of tax cuts in it.

— Worker insecurity and the role of the GOP war on unions.

— A climate-change-driven refugee crisis on our Southern Border.

— Political bribery by our Predator Class and the corrupt Citizens United decision.

— Billionaires and foreign governments buying politicians.

— Media consolidation under the control of rightwing billionaire families.

— Corporate monopolies.

— Racism, homophobia, and misogyny.


"Deplorable"....

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thegreatdivide
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Re: Modern Monetary Theory (MMT)
Reply #641 - Oct 14th, 2023 at 1:37pm
 
The approaching defeat of the referendum is a good time to reflect on the reasons for its defeat.

Egg-head lawyers (including from the UN down)  armed with illusory "human rights" theory  (eg Megan Davis)  support the divisive concept of "indigenous land rights" accruing to a section of the population.

The only "right" re property/land-ownership worthy of consideration, is the 'right' to housing - for everyone.
But lawyers don't do economics, they apparently  think a house for everyone is unachievable. 

And then there's the necessity for everyone who wants a job to have access to work in order to prosper, as the blacks in Wyndham have been calling for, just last week.
They expressly said they don't want government handouts.

It's time for governments to take control of the nation's resource mobilization, as far as necessary to deal with the egregious disadvantage entrenched by the 'invisible hand' market.

The so-called 'welfare' safety net is really only a poverty industry, whose employees are riding the gravy train, while those forced to subsist on the unemployment scrap-heap are thrown some crumbs.

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« Last Edit: Oct 15th, 2023 at 9:41am by thegreatdivide »  
 
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Frank
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Re: Modern Monetary Theory (MMT)
Reply #642 - Oct 15th, 2023 at 1:39pm
 
thegreatdivide wrote on Oct 14th, 2023 at 1:37pm:
The approaching defeat of the referendum is a good time to reflect on the reasons for its defeat.

Egg-head lawyers (including from the UN down)  armed with illusory "human rights" theory  (eg Megan Davis)  support the divisive concept of "indigenous land rights" accruing to a section of the population.

The only "right" re property/land-ownership worthy of consideration, is the 'right' to housing - for everyone.
But lawyers don't do economics, they apparently  think a house for everyone is unachievable. 

And then there's the necessity for everyone who wants a job to have access to work in order to prosper, as the blacks in Wyndham have been calling for, just last week.
They expressly said they don't want government handouts.

It's time for governments to take control of the nation's resource mobilization, as far as necessary to deal with the egregious disadvantage entrenched by the 'invisible hand' market.

The so-called 'welfare' safety net is really only a poverty industry, whose employees are riding the gravy train, while those forced to subsist on the unemployment scrap-heap are thrown some crumbs.


Six-Year-Old Saying, 'Why Don't We Just Give Everything Away For Free?' Surges To Top Of Democratic Polls


...

U.S. - A new candidate has come out of nowhere to surge in the polls in the Democratic primary, and she's only six years old. Susie Peters of Minneapolis, Minnesota, was on a local news segment where children gave their opinions on world problems, and she asked, "Why can't we just give everyone everything they want for free?" The message quickly went viral and really resonated with Democratic voters, propelling Susie from unknown to third in most polls, ahead of Bernie Sanders and just behind Elizabeth Warren and Joe Biden.

"She really has a plan for everything," said Melinda Carlson, one of Susie's enthusiastic supporters. "While Elizabeth Warren only has a plan for getting people free health care and free college, Susie has a plan to get everyone free everything. She's truly a visionary."

Her new candidacy has upset some of the other candidates, with Bernie Sanders accusing Susie of stealing all his ideas. Others say the math in her plans doesn't add up, to which Susie says she doesn't like math and instead likes "Twilight Sparkle." And President Trump has taken notice, vowing to trounce Susie in the general since Trump himself can "read and write at the level of an eight-year-old." There are also concerns Susie may be gaffe-prone like Joe Biden, as one day at school Susie referred to her teacher as "Mommy" by mistake, prompting a round of laughter from her classmates.

Still, Susie has unveiled her new popular campaign slogan, "But I want it!" and has already qualified for the next Democratic presidential debate, though she may not be able to attend since it will be on past her bedtime.
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thegreatdivide
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Re: Modern Monetary Theory (MMT)
Reply #643 - Oct 15th, 2023 at 2:13pm
 
Frank wrote on Oct 15th, 2023 at 1:39pm:
thegreatdivide wrote on Oct 14th, 2023 at 1:37pm:
The approaching defeat of the referendum is a good time to reflect on the reasons for its defeat.

Egg-head lawyers (including from the UN down)  armed with illusory "human rights" theory  (eg Megan Davis)  support the divisive concept of "indigenous land rights" accruing to a section of the population.

The only "right" re property/land-ownership worthy of consideration, is the 'right' to housing - for everyone.
But lawyers don't do economics, they apparently  think a house for everyone is unachievable. 

And then there's the necessity for everyone who wants a job to have access to work in order to prosper, as the blacks in Wyndham have been calling for, just last week.
They expressly said they don't want government handouts.

It's time for governments to take control of the nation's resource mobilization, as far as necessary to deal with the egregious disadvantage entrenched by the 'invisible hand' market.

The so-called 'welfare' safety net is really only a poverty industry, whose employees are riding the gravy train, while those forced to subsist on the unemployment scrap-heap are thrown some crumbs.


Six-Year-Old Saying, 'Why Don't We Just Give Everything Away For Free?' Surges To Top Of Democratic Polls


https://media.babylonbee.com/articles/article-4655-1.jpg

U.S. - A new candidate has come out of nowhere to surge in the polls in the Democratic primary, and she's only six years old. Susie Peters of Minneapolis, Minnesota, was on a local news segment where children gave their opinions on world problems, and she asked, "Why can't we just give everyone everything they want for free?" The message quickly went viral and really resonated with Democratic voters, propelling Susie from unknown to third in most polls, ahead of Bernie Sanders and just behind Elizabeth Warren and Joe Biden.

"She really has a plan for everything," said Melinda Carlson, one of Susie's enthusiastic supporters. "While Elizabeth Warren only has a plan for getting people free health care and free college, Susie has a plan to get everyone free everything. She's truly a visionary."

Her new candidacy has upset some of the other candidates, with Bernie Sanders accusing Susie of stealing all his ideas. Others say the math in her plans doesn't add up, to which Susie says she doesn't like math and instead likes "Twilight Sparkle." And President Trump has taken notice, vowing to trounce Susie in the general since Trump himself can "read and write at the level of an eight-year-old." There are also concerns Susie may be gaffe-prone like Joe Biden, as one day at school Susie referred to her teacher as "Mommy" by mistake, prompting a round of laughter from her classmates.

Still, Susie has unveiled her new popular campaign slogan, "But I want it!" and has already qualified for the next Democratic presidential debate, though she may not be able to attend since it will be on past her bedtime.


Priceless....but as a six year old, "Susie" is entitled to be ignorant of economic realities like the limit to available resources**, and the role of monetary incentive in productivity.

But as an adult you are NOT entitled to blindly follow mainstream neoclassical obsolescence, as currently followed by the World's Reverse Banks worshipping the greed-based 'invisible hand' free-market.

**it's resources which are limited, not money - which is unlimited for a currency-issuer...obviously. 

Do try to keep up.
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Frank
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Re: Modern Monetary Theory (MMT)
Reply #644 - Oct 15th, 2023 at 4:06pm
 
thegreatdivide wrote on Oct 15th, 2023 at 2:13pm:
Frank wrote on Oct 15th, 2023 at 1:39pm:
thegreatdivide wrote on Oct 14th, 2023 at 1:37pm:
The approaching defeat of the referendum is a good time to reflect on the reasons for its defeat.

Egg-head lawyers (including from the UN down)  armed with illusory "human rights" theory  (eg Megan Davis)  support the divisive concept of "indigenous land rights" accruing to a section of the population.

The only "right" re property/land-ownership worthy of consideration, is the 'right' to housing - for everyone.
But lawyers don't do economics, they apparently  think a house for everyone is unachievable. 

And then there's the necessity for everyone who wants a job to have access to work in order to prosper, as the blacks in Wyndham have been calling for, just last week.
They expressly said they don't want government handouts.

It's time for governments to take control of the nation's resource mobilization, as far as necessary to deal with the egregious disadvantage entrenched by the 'invisible hand' market.

The so-called 'welfare' safety net is really only a poverty industry, whose employees are riding the gravy train, while those forced to subsist on the unemployment scrap-heap are thrown some crumbs.


Six-Year-Old Saying, 'Why Don't We Just Give Everything Away For Free?' Surges To Top Of Democratic Polls


https://media.babylonbee.com/articles/article-4655-1.jpg

U.S. - A new candidate has come out of nowhere to surge in the polls in the Democratic primary, and she's only six years old. Susie Peters of Minneapolis, Minnesota, was on a local news segment where children gave their opinions on world problems, and she asked, "Why can't we just give everyone everything they want for free?" The message quickly went viral and really resonated with Democratic voters, propelling Susie from unknown to third in most polls, ahead of Bernie Sanders and just behind Elizabeth Warren and Joe Biden.

"She really has a plan for everything," said Melinda Carlson, one of Susie's enthusiastic supporters. "While Elizabeth Warren only has a plan for getting people free health care and free college, Susie has a plan to get everyone free everything. She's truly a visionary."

Her new candidacy has upset some of the other candidates, with Bernie Sanders accusing Susie of stealing all his ideas. Others say the math in her plans doesn't add up, to which Susie says she doesn't like math and instead likes "Twilight Sparkle." And President Trump has taken notice, vowing to trounce Susie in the general since Trump himself can "read and write at the level of an eight-year-old." There are also concerns Susie may be gaffe-prone like Joe Biden, as one day at school Susie referred to her teacher as "Mommy" by mistake, prompting a round of laughter from her classmates.

Still, Susie has unveiled her new popular campaign slogan, "But I want it!" and has already qualified for the next Democratic presidential debate, though she may not be able to attend since it will be on past her bedtime.


Priceless....but as a six year old, "Susie" is entitled to be ignorant of economic realities like the limit to available resources**, and the role of monetary incentive in productivity.

But as an adult you are NOT entitled to blindly follow mainstream neoclassical obsolescence, as currently followed by the World's Reverse Banks worshipping the greed-based 'invisible hand' free-market.

**it's resources which are limited, not money - which is unlimited for a currency-issuer...obviously. 

Do try to keep up.

What does money represent?

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Estragon: I can’t go on like this.
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