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Red MMT
@RedMMT
Teoría Monetaria Moderna - Trabajo Garantizado - Pleno Empleo - Estabilidad de Precios redmmt.es
Un país PIIGS
Joined June 2011
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    Replying to @NadalMiki and @dlacalle
    Debemos encontrar una manera de que el dinero se reparta de forma equitativa entre trabajadores y empresarios y controlar la masificación.
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    Nos solidarizamos con @Shine_McShine quien ha sido objeto de una miserable campaña de descrédito y bulos por parte de los medios de comunicación oficial, @el_pais y @rtve. Cuestionar el modelo de transición energética clasista y regresivo puede salirte caro.
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    Wrong! A currency issuing government can never go broke.
    If the government keeps losing its wealth the welfare state is over. On @LBC just now.
    00:00
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    Ignorance must be bliss. But @elonmusk is really clueless.
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    Replying to @dlacalle and @NadalMiki
    Su mercado libre solo existe en sus folletos propagandísticos. En la mayor parte es oligopolio o monopolio. Debería saberlo.
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    Para armamento la UE sí tiene pasta. ¿Para las pensiones? estamos en quiebra. Pep Ignasi Aguiló: otro economista al servicio de la industria financiera. Los fabrican en serie en las facultades.
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    Most governments never and should not have a surplus. It should be obvious once you understand sectoral balances ...unless you're stuck in New Keynesian fairy tales.
    Replying to @RedMMT
    I think that the statement that the current value of government debt is equal to the present value of future surpluses is reasonable. After all, people expect to give up purchasing power today for more tomorrow.
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    It has a government surplus because it needs to compensate a massive trade surplus from oil export revenues. For most nations that is impossible. Moreover, the surplus is in foreign currency & not in kronor.
    Norway is a Socialist Country It has the largest Government surplus in the world at £2tn with a population of only 5.5m. The UK has a debt of £3tn It is the happiest country in world, has the best railways in Europe and taxes all fossil fuels at 78%
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    Raise interest rates. It won't bring oil prices down but it creates a basic income for the wealthy so they can keep burning oil in their yachts.
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    When you don't understand how the monetary system works you end up trapped in where the money goes analysis. The money goes nowhere. Private sector balances are debited, they have less financial assets. Period. The @nytimes explaining how the process does not work.
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    Because taxes don't fund government spending. Introduce a 100% inheritance because you are disgusted by excessive concentration of wealth instead.
    Because it isn’t your fucking money, Abi. That’s why not.
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    Sólo un ignorante puede decir que el Estado tiene ánimo de lucro y que su objetivo es acumular euros que, de todas formas el Estado produce gratis cuando el BCE no hace tonterías. Toda la ignorancia del más ignorante de la economía neoclásica resumido en un tuit.
    El único que se lucra de la subida de los precios sin invertir un euro ni crear empleo en la economía productiva es el gobierno. El único que recibe ingresos caídos del cielo a costa del consumidor es el gobierno. Fin.
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    Replying to @dlacalle and @NadalMiki
    No nos oponemos a la nacionalización de los monopolios naturales o la creación de impuestos especiales contra la extracción de rentas.
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    Rachel Reeves should be brave and study MMT, repudiate Neoclassical Economics
    No, Rachel Reeves should be brave and cut spending.