Report: A Lancet study says millions of people are left to die when politicians gut aid systems, eg, Trump with USAID.
"Some 239 million people are estimated to need aid in 2026, but only a third of that figure may actually receive it."
Recall the billionnaires' eugenicist credo:
"Even if billions perish in the coming climate catastrophe.. we shouldn’t be too concerned".
#USPol #EUPol #USAID #ClimatePurge #news #racism #eugenics #fascism .
Yes, and there's an even more fundamental fiction at work, namely that the feds require income, whereas, in fact, they issue the currency (and manage inflation by when, how, and on what they spend).
Yes, as Alan Greenspan tries to explain it to a nonplussed Paul Ryan:
Re "It isn't a fix it self":
No, "a fix" is not the point.
Mmt does nothing more than describe *how currency issuers' spending actually works*. That's what Greenspan's doing.
"How x works" doesn't map onto "a fix".
"Public expenditure is always financed through money creation rather than taxation or debt issuance":
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4890683 (UK sim to US)
The fiction about fed "debt" is just to keep workers in their place. The debt pretence goes with the job of fed chair.
<p>This paper provides the first detailed institutional analysis of the UK Government’s expenditure, revenue collection and debt issuance processes. We show tha
DrALJONES
David Esposito