Mastodawn

Toni Aittoniemi Sep 2, 2025

MMT 101: Governments create all the money that we use. They also give it all of it’s value.

Now reverse that and think what happens if crypto creates the money we use?

Yup. They become enarmored with powers of the government to some extent. I don’t want crime rings to mingle with my government!

Yet: This is precisely what the Trump administration is doing. This is their most important project of all! 🥶

#crypto #mmt #monetarytheory

Marcos Castro Aug 26, 2025

Early currencies like shells or salt supported barter and exchange. Capitalism shifted money into a tool for accumulation — linking value to scarcity (silver, gold, fiat) and fueling inequality. #MonetaryTheory #PostCapitalism

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Eric Maugendre about carbon Aug 3, 2025

Government "deficit spending" is the nation-state creating money (out of thin air) and exchanging it.

The payroll tax (FICA) does not fund Social Security or Medicare. Like all other federal agencies, those agencies are funded by dollars created on purpose by the government (using laws from Congress) and placed in their accounts by the Treasury.

#FederalDeficit #fiatMoney #deficitSpending #moneyIssuance #moneyCreation #monetaryTheory #quotes #deficit #CentralBank #CentralBanks #Treasury #MMT

prau Jul 22, 2025

"Modern Monetary Theory (MMT) is a hip economic/financial paradigm apparently sweeping a world unsatisfied with mainstream economics. Over the past year, I have been hearing a growing number of people refer to MMT: either fans who think it blows up my Austrian views, or foes who think it deserves a full-scale critique." https://mises.org/mises-daily/upside-down-world-mmt #mmt #economics #austrianeconomics #monetarytheory #mmtfallacy

The Upside-Down World of MMT | Mises Institute

Modern Monetary Theory (MMT) is a hip economic/financial paradigm apparently sweeping a world unsatisfied with mainstream economics.

Mises Institute

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Eric Maugendre about carbon May 12, 2025

“The government can always finance its spending by creating money.”
~Hyman Minsky, economist

#fiatMoney #deficitSpending #moneyIssuance #moneyCreation #monetaryCreation #monetaryTheory #slogan #quotes #deficit #Fed #CentralBank #CentralBanks #Treasury #MMT

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Eric Maugendre about carbon Apr 28, 2025

“A sovereign government does not need to collect taxes or issue bonds to finance spending. It finances directly through money creation.”

– Eric Tymoigne is an associate professor of economics at Lewis & Clark College, NY, who specializes in the fields of #money and #banking, monetary theory, and financial macroeconomics

@economics

#fiatMoney #moneyIssuance #moneyCreation #monetaryCreation #monetaryTheory #slogan #quotes #debt #deficit #Fed #CentralBank #CentralBanks #Treasury #currency #MMT

C.Mar 30, 2025

@52fighters

I'm with M. Grégoire; I don't buy "Modern Monetary Theory", which seems to be half witchcraft and half voodoo (as opposed to economics in the normal way a la Henry Hazlitt). I assure you, I'm not ignorant of economics.

The money for national government spending comes from three sources: taxes collected, bonds issued, or simple monetary inflation (i.e. printing money). The latter two have negative impacts on an economy, but on different timescales.

If you artificially throttle taxes collected, then you force the government to choose one of the other two. And as I said, that will cause the feds pain.

#economics #EconomicsInOneLesson #HenryHazlitt #MonetaryTheory

Jakob Steffen Feb 2, 2025

"#Money, and the forms it takes in a society, is as much about social norms as it is about pure economic efficiency," writes Esward Prasad in his book "The Future of Money" in the opening to chapter seven. Exactly.
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#economics #MonetaryTheory #CBDC