Warren Mosler reads from 'The Seven Deadly Innocent Frauds of Economic Policy,' his groundbreaking book that explains his reasoning on seven key issues and thus lays the foundation for Modern Monetary Theory (MMT). These relate to government deficits and debt, to the relation between public deficits and private savings, to that between savings and investment, to Social Security and to the trade deficit.
Deadly Innocent Fraud #6: We need savings to provide the funds for investment.
Fact: Investment adds to savings.
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Understanding MMT is a nonprofit organization founded in 2023 to promote awareness and understanding of Modern Monetary Theory (MMT). Our team of experienced writers and educators creates accessible, engaging content that demystifies MMT principles for a broad audience. Through our website, blog, and social media, we strive to empower individuals and policymakers with the knowledge to make informed economic decisions. Understanding MMT is committed to accuracy, objectivity, and relevance in our educational materials, contributing to the public discourse on economic policy and theory. Visit our website to learn more and join our mission to build a more informed populace.
https://understandingmmt.org
...
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What’s happening today 24/7 is all done on purpose so that YOU don’t understand what’s been buried and ignored.
Who is Patrick Lovell? He’s Neo in the Matrix. Patrick’s fighting corruption on a journey he calls the #RighteousGrind. The truth about the corruption that Patrick shares with you again and again is uncomplicated and straightforward: It’s not rocket science. It’s racketeering. You understand crime and crime stories, right?
Patrick is a detective who has found evidence. He uncovered the weapon that murdered the American Dream. He does this because he’s legit. He gets no pay. There’s no monetary gain for him as he shares the truth. He takes his time and energy to tell YOU that YOU’VE been betrayed. The integrity of the law has vanished. There is no liberty and justice for all.
Think about this cinematic example: Indiana Jones and the Raiders of the Lost Ark. The Nazis were looking in the wrong place for the ark. Today’s mainstream media is looking in the wrong place. Indie found the right spot and so did Patrick when it comes to the truth. And the truth is in The Con. What don’t you get? Why don’t you watch? You can even watch The Con for free on the Hoopla App at your local library. What kind of excuse do you have now?
Today, the MSM worms are isolating the crimes of Trump because that corruption is the latest shiny object on the scene. You’re going for it. If you watch The Con, you will understand the small piece Trump is in the ginormous syndicate of corruption.
Even an intelligent media guy like Jon Stewart looks at corruption in isolation from the out-and-out, full-blown picture that you can see in The Con! Why does everyone ignore the truth Patrick delivers? The universe of fraud is alive and well, destroyed millions, and continues to screw YOU, but you remain silent and do nothing. Patrick has even more evidence of the fraud but can’t get it to you because the major distributors simply won’t allow it. They know you won’t do anything to share the truth, so the criminals are safe and sassy. How does that make YOU feel?
Corruption has existed throughout history. What’s happening today is massive corruption never experienced before. Who is behind the curtain? Who is Oz? It is the financial system which 99% of YOU don’t know the details of.
Certainly, the American Dream exists for some, but what about the millions of YOU for whom the playing field was never equal? Do you want to sit back and keep getting destroyed? When it comes to the integrity of the law, it doesn’t and hasn’t existed for a long time, if it ever did. Those in control pick and choose who is above the law while the rest of YOU get fu^^^^. It all comes down to the fact that it’s not rocket science. It’s racketeering, and that’s CRIME.
The Supreme Court is the ultimate result of dark money. Congress bows to those who contribute to campaigns. All this corruption births fascism. Abort complicity in the corruption. Abort stupidity. When this is done, you give birth to life, liberty, and the pursuit of happiness for all based on the integrity of law which NO ONE IS ABOVE.
The Joker aka Trump could never think this big. We are north of $50 trillion in cocaine for the rich. Keep in mind that there’s 1,000 billion in one trillion. Trump’s net worth is roughly $3 billion. That means Wall Street got away with roughly 16,000+ times more than Trump’s net worth.
We’ve created a shadow oligarchy in control of YOU. Your voice has to be elevated above the noise of madness. The only thing of value in the US today are lies and deception amplified by technology.
#PurgeCorruption
https://bit.ly/3QaQPe0
The Con website: https://www.thecon.tv/
Platforms where you can buy/rent The Con: https://www.thecon.tv/watch
Watch #TheCon at your local library on the Hoopla app for free.
#TheCon
#Exodus
#Onward
#CleanNewDeal
#TheRighteous Grind
#FailureIsNotAnOption
#ItsNotRocketScienceItsRacketeering
Follow on Twitter @PatrickLovell1, @lovell_con
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https://www.youtube.com/watch?v=9-k50AelAm8
To see the full discussion, click here https://youtu.be/6FPTTqVawR0
Joe, Brad and Shane discuss the Force the Vote aspects in the McCarthy Speaker vote.
Did #FTV ask too little? Was The Squad's risk to reward ratio too low?
What do you think? Comment your thoughts!
#TheSquad #McCarthySpeaker #TheHouse #Congress #SpeakeroftheHouse #KRTD #Clips
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...
https://www.youtube.com/watch?v=DJ1cgsOIZwQ
Warren Mosler reads from 'The Seven Deadly Innocent Frauds of Economic Policy,' his groundbreaking book that explains his reasoning on seven key issues and thus lays the foundation for Modern Monetary Theory (MMT). These relate to government deficits and debt, to the relation between public deficits and private savings, to that between savings and investment, to Social Security and to the trade deficit.
Deadly Innocent Fraud #7: It’s a bad thing that higher deficits today mean higher taxes tomorrow.
Fact: I agree - the innocent fraud is that it’s a bad thing, when in fact it’s a good thing!!!
-------------------------------
Understanding MMT is a nonprofit organization founded in 2023 to promote awareness and understanding of Modern Monetary Theory (MMT). Our team of experienced writers and educators creates accessible, engaging content that demystifies MMT principles for a broad audience. Through our website, blog, and social media, we strive to empower individuals and policymakers with the knowledge to make informed economic decisions. Understanding MMT is committed to accuracy, objectivity, and relevance in our educational materials, contributing to the public discourse on economic policy and theory. Visit our website to learn more and join our mission to build a more informed populace.
https://understandingmmt.org
...
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