Read on Twitter
My own major twitter threads introducing basic #MMT concepts. (Image credit: @RealProgressUS)
Disclaimer: These are layperson tutorials. Good introductions but not intended to be comprehensive or perfect.
[THREAD v.2.2]
![My own major twitter threads introducing basic #MMT concepts. (Image credit: @RealProgressUS)Disclaimer: These are layperson tutorials. Good introductions but not intended to be comprehensive or perfect.[THREAD v.2.2]](https://pbs.twimg.com/media/EWaRkXtXsAgRMyk.jpg "My own major twitter threads introducing basic #MMT concepts. (Image credit: @RealProgressUS)Disclaimer: These are layperson tutorials. Good introductions but not intended to be comprehensive or perfect.[THREAD v.2.2]")
Disclaimer: These are layperson tutorials. Good introductions but not intended to be comprehensive or perfect.
[THREAD v.2.2]
What *is* money? What gives it value? https://twitter.com/MMTResources/status/1188962300981592069
Where does money come from? Who actually creates it? Who authorizes it to be created? https://twitter.com/MMTResources/status/1188963458890506245
A birdseye view of the process called reserve accounting, which is the mechanics of *how* the federal government creates money (or more accurately, issues currency) and how it moves through the economy. https://twitter.com/MMTResources/status/1188960407345684481
A more detailed, specific, and accurate description of how the central government spends into the economy, in response to a bill being signed into law. https://twitter.com/MMTResources/status/1253341681342050312?s=20
Federal taxes don't fund federal spending. Federal spending funds federal taxes. https://twitter.com/MMTResources/status/1190683307270397955
Since federal taxes don't pay for anything, then why do we pay federal taxes? https://twitter.com/MMTResources/status/1188988696256765953
What is the federal deficit, *really*? https://twitter.com/MMTResources/status/1189002612881932288
Bank created money (credit) versus Congress created money (currency, or high powered money, or HPM) https://twitter.com/MMTResources/status/1188965063304110081
Bank created money (credit) versus Congress created money (currency, or high powered money, or HPM) https://twitter.com/MMTResources/status/1188965063304110081
What is the national debt, *really*? https://twitter.com/MMTResources/status/1228104657320411138
Inflation the Boogeyman versus inflation in reality. https://twitter.com/MMTResources/status/1188950819326091264
When it comes to federal programs, only resources matter, not money. Introducing the Pony For All Act of 2018. https://twitter.com/MMTResources/status/1189008845563219968
Created currency. https://twitter.com/MMTResources/status/1189005602577670145
Bank created money (credit) versus Congress created money (currency, or high powered money, or HPM) https://twitter.com/MMTResources/status/1188965063304110081
To #LearnMMT in general, here is a good place to start. https://twitter.com/MMTResources/status/1188935401827901440
