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20928032 No.20928032 [Reply] [Original]

bros this is scary

>> No.20928113

>>20928032
Give us a tldr anon.

>> No.20928169

MMT won't work if currency becomes decentralized. Either you believe in the future of crypto or you believe in MMT. Simple.

>> No.20928189

>>20928113
>You know all that shit you used to have to pay for? Now its free an shiet

>> No.20928218
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20928218

>>20928189
What do you mean free?

>> No.20928223

MMT is advanced faggotry that results in advanced suffering. Avoid at all costs.

>> No.20928258

>>20928223
>t. jew

>> No.20928550

>>20928258
Fuck off keynes , we see through your lies.

>> No.20929060

It's just an elaborate scheme to hide away the fact that whoever controls and manages this monetary system has huge power and influence. They have legitimized this extremely well. You have all these economists and other "smart" think thanks crunching numbers and what not, but at the end of the day they just print money and who gets that fresh money? The goverments and banks. It's just money making schemes on another level. You got working as a wagie, drug dealing, small businesses, medium sized businesses, corporations, all kinds of different institutions/organizations, smaller governments, big governments, big financial institutions.

>> No.20929108

>>20929060
Mike Maloney'ed

>> No.20929210

>>20928223

Hello Mr. (((Friedman)))

>> No.20929250

MMT is essentially the quickest way to destroy the middle class. The only proper response is to trade your dollars for hard assets while you can.

>> No.20929349

>>20929250

Yeah, we should be blowing trillions on corporate welfare and billionaire tax cuts instead. Not to mention Israeli wars.

>> No.20929556
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20929556

>>20928258
>>20929210
>Free Shit for all! Oh? Not possible? You're a JEW!
What kind of advance faggotry is this, lol. The kettle calling the pot black.

>> No.20930077

>>20929349
we need to let the corporations and israel fail like they should of years ago.

>> No.20930283

>>20929349
corporate welfare is the basis of MMT so Im not exactly sure what your point is

>> No.20930321

>>20929556
nice strawman, kike.

>> No.20930351

>>20930283
no, giving money to corporations has nothing to do with MMT. kys.

>> No.20930392

>>20928258
>t. projecting jew

>> No.20930453
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20930453

>>20930351
>>20930321
>>20928258
We see you, you glowing cunt.

>> No.20930483

Imagine being a retarded leftest and coming to 4chan to try and its users into being leftists.
I wonder which posts in this thread are retarded leftist posts. HMMMM

>> No.20930505

>>20930351
lmfao as if MMT would subvert the existing order and empower the average individual

it's basically recipe for total dependence on the state and kikery turned up to 1000

>> No.20930511

>>20930392
>>20930453
>t. actual projecting jew or just total retard, probably the latter

>> No.20930577

>>20930505
yeah you're right, we should keep the status quo and keep giving billions to kike-owned corporations and israel while giving nothing to regular white people. that's definitely what jews do NOT want. anything but that

>> No.20930603

>>20930351
They call it stimulus and tax breaks instead of welfare but its the same thing

>> No.20930616

>>20930603
you clearly have no idea what MMT is.

>> No.20931036

>>20930577
you've totally proved how mmt will prevent this you fucking tard

you'd likely admit coprorations control the government-- how the fuck does giving the government even more power over our lives prevent that?

>> No.20931367

>>20928169
MMT won't work period.

>> No.20931444

>>20930511
the jews have primed the goyim to hate MMT and to favor the current fractional reserve debt system

>> No.20931521

mmt is economic dadaism, only much more gay

>> No.20931809

>>20928032
https://johnhcochrane.blogspot.com/2020/07/magical-monetary-theory-full-review.html

>> No.20932213
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20932213

>>20928032
This bullshit was already tried in venezuela and argentina
Funny how (((they))) used the term "modern" when in reality this is keynesianism of the highest order
newspeak as usual

>> No.20932265

>>20930511
>defends MMT and calls ppl jews
You think ppl don't realize that MMT and FR banking are how (((they))) are fucking you? You are a weak psyop. I don't see why you bother here tho.

>> No.20932306

>>20931036
>how does using the government to limit corporate power limit corporate power?

>> No.20932380

>>20928032
It's just a theory that accepts money is meaningless and runs with it.
That's how it's being used, anyway.

>> No.20932390
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20932390

>>20932265
>You think ppl don't realize that MMT and FR banking are how (((they))) are fucking you?
you give normies far too much credit

>> No.20932391

>>20928032
the market is way up while the economy is way down. MMT clearly works, at least as far as pumping the market goes.

>> No.20932441

>>20930483

mmt isn't a leftist idea. i'm a commie, marx never advocated for some printing infinite money ponzi scheme he advocated the working class seizing the means of production. mmt doesn't do that because it's liberal capitalist money printing fantasy and it doesn't address class relations or production

>> No.20932462

>ITT: people who don't understand MMT but are still triggered by it.
On one level, it's an agnostic 'follow the money' school of economics that distinguishes itself by making testable, accurate predictions. On another level, it's sometimes political because of radical suggestions such as 'economies tend to function better when everyone contributes to them' and 'economies tend to function better when an infrastructure is available to support business'. Protip: if you understand a school of economics that makes testable, accurate predictions, you can make money.

>> No.20932592

>>20928032
Kek who the fuck except commies think that something centrally led would ever work

>> No.20932596

>>20932462
> governments are efficient

>> No.20932660

>>20932462
>accurate predictions
Which one are you referring to?

>> No.20932704

>>20932441
>>20932592
I would not call mmt communist because the means of production still on private hands but still pretty close since the government has unlimited control of the money supply
MMT is banana republic tier

>> No.20932748

>>20928258
>yesss goyim we can print as much money as we want deficits dont matter!! We have regulated inflation targets nothing to worry about

>> No.20932842

>>20930577
Mmt is the status quo u nerd

>> No.20932858

>>20932748
weve been doing it for 100 years and the market has never been higher

>> No.20932911
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20932911

Wait, do we even want monies?

>> No.20932956

>>20932462
>testable, accurate
Stupid historian stay the fuck away from economics. Chartalism bad mises regression theory good

>> No.20932976

>>20932858
It's high despite the intervention, not because of it

>> No.20932983
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20932983

We are going to witness all of the Jews tricks once the rug is pulled. I honestly believe the last resort will be UBI.

>> No.20933099

>>20929349
MMT goes hand in hand with those things, retard.

>>20929250
This. Only rich kikes and poor niggers benefit from this clownish system. Kikes get all the fed ponzi money they want. Niggers don't have any wealth/wages to erode anyway, but get all the free shit. It's the white middle class that gets completely shafted.

>> No.20933125

>>20933099
>the white middle class that gets completely shafted
Why can't they invest in equities then instead of consuming?

>> No.20933144

>>20932983
banning cash, mmt and ubi are the (((end game))) for total control
schizos are not wrong, they are ahead of their time

>> No.20933191

>>20932704
My point is that centralised money creation and banking in general is the reason for the boom/bust cycle. Governents have a strong incentive to drop interest rates when the economy stops pumping. Because of voters they can never have the economy go down like it should but always pump it. They will always want to fiddle with money and banking for short sighted gains

>> No.20933248
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20933248

>>20933125
interesting how instead of disproving that anon, you went straight into attacking white people
gas yourself leftie kike

>> No.20933380

>>20933191
Based austrian

>> No.20933409

>>20933191
this
lefties are butthurt that the current system is used for corporate welfare. instead of eliminating the (((federal reserve))) and they will double down on central planning

>> No.20933446

>>20928032
MMT only works in a totalitarian government and you can see MMT proponents nakedly say such. They wish to ban cash and criminalize gold and silver ownership. The only way MMT “works” is if the population is forcefully made to accept their currency and nothing else. This, they must be totalitarian in their approach. It’s fucking evil. If you see someone promoting it as a good thing, you have just found an enemy of humanity.

>> No.20933712

>>20932462
>Protip: if you understand a school of economics that makes testable, accurate predictions, you can make money.
Protip you are gonna wait a long time to find that

>> No.20933865

>>20933409
we're never getting rid of central banking, so stop being a sperg about it.

the only question is who is in control of the central bank? right now it's kikes. maybe, some day, it will be white men.

>> No.20933871

>>20928113
>Government cannot go bust because they can create currency
>so they can just spend as much as they want
>if it creates inflation, they can just stop that by increasing taxation and/or just sell bonds.

>> No.20933924

>>20932596
>cringe boomer talking points from the 80s

>> No.20933953
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20933953

>>20932976
>citation needed

>> No.20933975

>>20933871
lmao
once unlimited money printing begins, there is no way democratic governments will stop
inflation will just destroy the economy
look at history retard

>> No.20934007

>>20933975
we've been printing unlimited money for a very long time now, anon. lol... i swear, this forum is full of conservative shills and/or retards

>> No.20934013

>>20933924
that's no an argument fag

>> No.20934042

>>20934013
neither is the cringe boomer meme of "all gubbermint is inefficient, durrr"

>> No.20934070

>>20934007
why you think the stocks, gold and housing are at ATH
mmt will make the current system look like a joke

>> No.20934129

>>20934042
I wonder how china went from total shithole to super power

>> No.20934239

this thread better just be deluded 19 years olds larping as intellectuals
mmt is garbage. end of story. you don't sound smart by embracing it except to 90 iq retards. if "king of the blind" is your idea of success, stay in college because in the real world your ceiling is being a wagecuck

>> No.20934273

Are you fucking stupid? Reading books and shit? Literally all you had to do was buy Link 3 years ago. It was JUST THAT EASY.

>> No.20934626

>>20934239
mmt is garbage.
>he's been told mmt is garbage
end of story.
>he was told by his boss
you don't sound smart by embracing it
>he doesn't understand it

>> No.20934877

>MMT requires x country to be in control of own currency
Basically no country left on earth

>> No.20935135

Post Keynesian thought is simply the most grounded and realistic economic theory schoo, very far from the unreal mathematical circlejerk that is the neoclassical orthodoxy

Good post OP. But I guess >>20928169 is kind of right too

>> No.20935648

>>20933865
It doesn't matter who controls it: no one can control it and the whole idea of controlling it is absolutely ridiculous. Only free market can objectively set interest rates and inflation without any political or PnD economic reasons. Inflantion as it is only benefits those close to the government(government companies, huge companies important for taxes). They get the new money through loans, and by the time a normal person gets this inflated money all the prices have adjusted higher, thus not gaining any benefit from it