Teoría Monetaria Moderna - Trabajo Garantizado - Pleno Empleo - Estabilidad de Precios https://teapawt.net/t.co/JToytJ7TBs
Un país PIIGS
Joined June 2011
- Tweets17.4K
- Following1.1K
- Followers18K
- Likes11.1K
Red MMT retweeted
The Bond Market Didn’t Silence MMT. It Just Proved It Right. darrenquinn.substack.com/p/t… #mmt
Red MMT retweeted
"Off balance sheet deficit spending"
❗️Medidas para reactivar el consumo y la actividad
❗️Intento de acercamiento del Gob a la industria
❗️Más negociaciones con EEUU por el Acuerdo comercial
Algunos de los temas d mi columna en LA NACION - Ante la recesión, Caputo se anima a una herejía - lanacion.com.ar/economia/ant…
Red MMT retweeted
Libertarians believe monopolies cannot survive in a free market, provided you ignore predatory pricing, exclusive contracts, control of distribution, massive capital requirements, buying out competitors, and every other economic reality that ruins their stupid fucking fairy tale.
Red MMT retweeted
La imagen de Milei llegó a su punto pico crítico más alto: la negativa ya duplica la positiva.
Datos del informe de octubre de @PulsoResearch
Raising interest rates to the benefit of renters.
The outgoing ECB president has steered the central bank through the worst pandemic in a century, the bloodiest war in Europe since 1945, the biggest inflation shock in a generation and a US trade war. What will define her legacy? ft.trib.al/JA5156R
Red MMT retweeted
TARGET2 balances are NOT German loans. Even Germany's public bank KfW explicitly says so.
They reflect payments already settled, capital flows and ECB monetary policy. They even include payments for German cars bought by Italians — cars that have already been paid for.
They are intra-Eurosystem claims and liabilities, eliminated in the Eurosystem's consolidated balance sheet.
You're confusing accounting with economics. And propaganda with analysis. As usual.
There's a fantasy in Italy and Spain that Germany's TARGET2 claims aren't real. They're very real. They're subsidized loans from Germany that finance a standard of living in Italy and Spain that's artificially and unsustainably high. The AfD will end this.
robinjbrooks.substack.com/p/…
Red MMT retweeted
If only fish and sharks could intertemporally optimize their populations under rational expectations, we wouldn't need ecologists and their silly dynamic models.
Unfortunately, neither species has figured out how to maximize discounted lifetime utility.
Robin cries; good for humanity
Recent early departures from the ECB - so Macron can pick the successors - is wrong and symptomatic of a European elite that shuffles jobs to itself regardless of the political winds. This further damages the legitimacy of the ECB, especially in Germany...
robinjbrooks.substack.com/p/…
Enhorabuena, economistas neoclásicos, @ecb , @EU_Commission :
Vuestras recomendaciones políticas cuestan vidas.
Red MMT retweeted
Beneficios récord, millones de parados. Y todavía nos explican que el empleo depende de que las empresas ganen más. Kalecki señaló lo incómodo: el pleno empleo fortalece a los trabajadores y debilita la disciplina del despido. No es solo una cuestión económica. Es poder.
Red MMT retweeted
1/25 🎬🍿 COMING SOON: NEOCLASSICAL CINEMA. No involuntary unemployment, no radical uncertainty, and every ending in equilibrium. Critics call it fiction. Economists call it a documentary. Can you guess them? 🧵
