Thanks for the follow; I gladly returned it and gave this post a like and repost. I'd greatly appreciate a reciprocal repost. #Amwriting #FBR #Science #SecularSkeptic #MMT

Shein outsells Asos and we're told it's a customs loophole. Cute. The loophole is thin pay packets that can only stretch to £8 tops.

Westminster issues the pound. It can fund decent wages and a Job Guarantee.

#MMT #UKGreenParty #Economics #UKPolitics #UKEconomics

"Feed your country or pay your creditors" only binds those who owe in currencies they can't issue. Dollar debt, yes. Sterling debt, no. The UK government issues the pound. Its limit is food and fuel, not a creditor's invoice.

#MMT #UKGreenParty #Economics #UKPolitics #EUEconomics

Kaveh applied to train as a nurse. The training places existed. The hospitals needed nurses. But HM Treasury capped Health Education England's budget, and the answer was always: no funded places. A currency issuer treated as though it runs out of pounds.

#MMT #UKEconomy #NHS

The Phillips curve says you need unemployment to control inflation. That's the choice we're told we have to make. But it's a false one. The Job Guarantee replaces unemployment as the price anchor with paid public work at a fixed wage.

#MMT #UKGreenParty #Economics #UKPolitics

EU fiscal rules (SGP, debt brakes, ESM conditionality) constrain member-state spending; but they are political instruments, not economic laws. National central banks can create euros. The real limit on Eurozone action is inflation and real resources, not solvency.

#MMT #economics #EU

Yes tax the FF companies to put them out of business but the government doesn't spend the tax it collects so spending money to help people to electrify their homes and transport (to help with the cost of energy) is something that the government can always do.
#MMT

"Unlock billions" makes it sound like a vault. It's a timetable. Westminster issues the pound, so the £39bn waits on an election, not a bank balance. Housing associations are ready to build. The real limits are builders and land, not cash.

#MMT #UKGreenParty #Economics #UKPolitics #UKEconomics

For the UK government that creates all the money it spends the cost is not the issue. What matters is the availability of the resources needed to achieve net zero.
#MMT

Surely, Bailey must know and understand the #MMT description of government finances so why is he spouting this neoliberal nonsense?

"The state that issues the pound doesn't go looking for it. It spends it into existence. Self-financing, as advertised."

MMT Michael defends the self-financing state against Dunn. The binding limit is real resources, not a funding pot.

#MMT

It's not the first time the Tories have got the numbers on a spreadsheet wrong. The last time resulted in 14 years of austerity.
They're completely incompetent. #MMT

A £500bn spreadsheet error is funny. The bigger error is the frame: net zero as a bill to "afford".

Pounds aren't scarce. Steel, grid engineers and installers are. Count those. Westminster issues the pound and can fund the lot.

#MMT #UKGreenParty #Economics #UKPolitics

Source: Guardian Politics

Let me keep it Simple, the U.S. Gov't is not a Business, they create their Own Money at will and on Demand of Congress
A Deliberative Body of Economic Illiterates
There is Money for anything Congress wants there to be Money for #MMT
Either the U.S. is Broke or it is Not, which one Is It

Toen ze teveel tally sticks moesten verbranden ineens, liep het uit de hand. De tally stick was de voorganger van een bankbiljet, een schuldpapier uitgegeven door de staat of koning. Wat we nu geld noemen. Die verbandden ze na inning. Gek? dan moet je deze even kijken. #MMT
youtu.be/x3TJFoQWCHA?...

#MMT in my secret heart the current French financial crisis forces the ECB to adopt a realistic finance view of bonds and 'debt' turning one huge bloc into a heterodox economy. Sigh.

www.nytimes.com/2026/10/08/b...

Working through the US govt’s payment systems, Elon Musk discovered 14 “magic money computers” that could “just issue payments” and “send money out of nothing.” What confounded his neoliberal understanding of govt finance is precisely the sort of monetary plumbing #MMT has long explained.

"Credible to markets" is a strange test for the government that issues the pound. Gilt yields are a policy choice, not a verdict. The Bank sets rates and can buy gilts. The real limits are resources and inflation.

#MMT #UKGreenParty #Economics #UKPolitics #UKEconomics

Source: Guardian Business

Marcus wanted to retrain as a carpenter. The workshops were empty. The jobs were advertised. The equipment sat covered in dust. Westminster said there was no money. The government issues the pound. The limit was never financial. It was political. Read his story.

#MMT #UKEconomy #Construction

"Pensions and social care are not unaffordable. They are unfunded by choice."

Westminster issues the pound. Promising adequacy while pleading poverty is the oldest trick going. The real limit is carers, nurses and buildings, not cash.

#MMT