Home » xyzzy » Dungeon » Modern Monetary Theory (or, how I stopped worrying about the natl debt.)
Re: Modern Monetary Theory [message #97009 is a reply to message #96987] Tue, 19 September 2023 12:25 Go to previous messageGo to previous message
Rusty is currently offline  Rusty
Messages: 1188
Registered: May 2018
Location: Kansas City Missouri
Illuminati (3rd Degree)
Punishing working people for our national debt is the scapegoat of neoliberalism and libertarianism. Like the greater public has caused this great public debt situation. It falls mainly on our financial system and our military industrial complex. Do we need 7 to 800 military bases throughout the world? Exact figures not known and maybe the Pentagon doesn't even know. Our big banking system is totally corrupt as pointed out in the article by the watchdog organization Wall Street on Parade.

https://wallstreetonparade.com/2023/09/professors-point-to-jpmorgan-chase-as-poster-boy-of-a-financial-system-dependent-on-corruption-to-sustain-itself/

Our world financial dominance and military diplomacy is being rejected by the greater populated world with the BRICS alliance. Our country represents 4% of the worlds population but has acted as if it's the lone designated representative of righteous ethical attainment. All the while our cost of living skyrockets, our crime rate soars, our populations longevity shrinks, private debt highest ever and poverty increases.
Like the blues number, Before you accuse me, take a look at yourself.
 
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