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Francisco Flores

@fflorescpa
Joined April 2014
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Photo by Francisco Flores (@fflorescpa)Photo by Francisco Flores (@fflorescpa)Photo by Francisco Flores (@fflorescpa)Photo by Francisco Flores (@fflorescpa)Photo by Francisco Flores (@fflorescpa)Photo by Francisco Flores (@fflorescpa)Photo by Francisco Flores (@fflorescpa)Photo by Francisco Flores (@fflorescpa)Photo by Francisco Flores (@fflorescpa)Photo by Francisco Flores (@fflorescpa)
A gentleman and a scholar you may be acquainted with recently posted the solution to our economic and social problems: fflorescpa.wordpress.com/201…
Image from Francisco Flores (@fflorescpa)
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I disagree with Noah about a few things, but this an excellent and thorough encapsulation on the immigration issue: open.substack.com/pub/noahpi…
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Want Free Trade? May I Introduce You to the Tariff. Well said. That, in combination with a job guarantee. nytimes.com/2025/02/06/opini…
Opinion | Want Free Trade? May I Introduce You to the Tariff. (Published 2025)

Opinion | Want Free Trade? May I Introduce You to the Tariff. (Published 2025)

Countries with democratic governments and mostly free economies should come together and create a new trade regime, based on balance.

nytimes.com
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And they could have declared the ability to levy a tax payable in the coin.
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In the end, govt doesn't need "funding" from private sector. These are just empty words.
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A gentleman and a scholar you may be acquainted with. Rumor has it he's very well endowed.
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Replying to @sdgrumbine @JonathanKadmon @larrydd9
Messaging would be much better as: "Taxes and borrowings are not necessary to fund spending. A small tweak to the FRA or Invoking the Trilling Dollar Coin obviates the need for taxes or borrowing. The Fed which is part of govmnt issues money."
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Its a little longer but has the advantage of being TRUE. While "taxes or borrowings don't fund spending" is false without further explanation like - Fed is part of govt.
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How would the burden apply to you? Walk us through it.
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Replying to @BTRBT_ @PerBylund
so... what's your question again? Can we get stuff for free? absolutely, under the right circumstances. Scenario 1: millions of people sitting on their asses collecting welfare watching Fox News. Scenario 2: everyone is working producing goods and services. See: Job Gty
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Isn't @BTRBT_ a snowflake? What a snowflake!
Replying to @BTRBT_ @cbar_tx @LovettEcon @PerBylund
I'm a good puncher. My point is that certain economic disciplines are obsessed with scarcity. But the truth is, you don't run out of resources until you run out of people --> full employment. That's the stat to focus on. Keep Employment at 100% at all times w a Job Gty.
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So @btrbt blocked me! What a puss!
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supply chain issues, Covid disruptions, and the war in Europe.
Replying to @iainzeno @wbmosler @PhilArmstrong58 @AnalyticD @battleforeurope @SamHLevey @andrewrawnsley @RichardJMurphy @MMTScotland @StephanieKelton @cepr_org @rethinkecon @patternholding @John_T_Harvey @PeterBofinger @ptcherneva @NickHanauer @PitchforkEcon @RLS_dakar @nssylla @oeufling @AlanKohler @RaulACarrillo @andresintheory @rohangrey @Stf18 @RebuildMacro @_ClaireConnelly @Greg_Palast @tymoignee @chrislhayes @GeorgeLakoff @martinwolf_ @LarsPSyll @fflorescpa @rutgerbregman @JosephEStiglitz @PEGSInstitute @afshinrattansi @Picss3o @EricLevitz @edwardnh @TheStalwart @ProfSteveKeen @IndyAnatomist @thestirlingwolf
'The government would simply switch its taxing and spending to the new currency, without forcing anybody to convert their savings, and without trying to convert the existing Euro debt.' NB at 3:26, substitute "Euro debt" instead of "Lira debt" m.youtube.com/watch?v=V2iBD1…
How Could Euro Nations Start A New Currency?

How Could Euro Nations Start A New Currency?

Warren Mosler, father of Modern Monetary Theory, answering a questi...

youtube.com
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I just subscribed to The Lens because it pays to be right when reviewing economic analysis: stephaniekelton.substack.com…
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A recent article originally at Bloomberg: Modern Monetary Theory: Embrace of Big Budget Deficits Doesn’t Mean MMT Has Won. Good update on the state of the war. Some progress, but we have a bit of a ways to go: newsfilter.io/articles/moder…
Image from Francisco Flores (@fflorescpa)
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It looks like I got Yarmouthed into this #MMT Mondays video. Or maybe Congressman John Yarmuth (KY-3) @RepJohnYarmuth got Kaboubed. Or we both got MMTed and RPed by Real Progress in Action. Thanks Kaleb Moode @KalebMoode! youtu.be/QiI-71fOjzc

MMT Mondays: We Can Have Our Cake and Eat It, Too

Today’s episode exposes lies from all quarters, and how Rep. John Y...

youtube.com
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Rates should always be at zero. If folks don't want to hold cash, they can hold Oh I don't know - Govt securities. If inflation becomes an issue, tax rates go up incrementally until things cool off. You need some education.
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I think we dropped the ball on educating Ezra on the Job Guarantee. Does anybody have access? @stephaniekelton nytimes.com/2021/06/13/opini…
Opinion | What the Rich Don’t Want to Admit About the Poor (Published 2021)

Opinion | What the Rich Don’t Want to Admit About the Poor (Published 2021)

Why do we leave millions of people in poverty? The answer should make us uncomfortable.

nytimes.com
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Its an assumption of the Job Gty. That's the whole point.
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teapawt.net/ptcherneva/status/1397…
Pavlina R Tcherneva (@ptcherneva) profile picturePavlina R Tcherneva@ptcherneva27 May 2021
Nice. And since they also respond when one only suspects smoke/leak, the argument holds not just for 'burning' healthcare issues.
Kaboub explains how to use Modern Monetary Theory (MMT) in the co... youtu.be/hVeRlqzl-wc via @YouTube
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I just subscribed to Krystal Kyle & Friends krystalkyleandfriends.substa… Consistent outstanding analysis.
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