Home » xyzzy » Dungeon » Modern Monetary Theory (or, how I stopped worrying about the natl debt.)
Re: Modern Monetary Theory [message #94412 is a reply to message #94373] Sun, 12 September 2021 09:50 Go to previous messageGo to next message
Rusty is currently offline  Rusty
Messages: 606
Registered: May 2018
Location: Kansas City Missouri
Illuminati (1st Degree)
Another fine economist. Jeffrey Sachs. Our last dialogue with China went nowhere. We forced our social behavior ideals to the forefront in our relationship with them. Whenever we dictate our perceived morality on sovereign countries, they point out our own obvious social inequities. Mr. Sachs has pointed out that in this time in our worlds history, cooperation is a commodity in great demand with what our world faces for everyone of us. We're stubbornly being obstinate adolescents in this regard.

America vs. Everyone
https://www.youtube.com/watch?v=A-tDj4ZGcZY&t=1294s
Re: Modern Monetary Theory [message #94416 is a reply to message #88755] Sun, 12 September 2021 20:39 Go to previous messageGo to next message
gofar99 is currently offline  gofar99
Messages: 1643
Registered: May 2010
Location: Southern Arizona
Illuminati (4th Degree)
Hi, Whenever we dictate our perceived morality on sovereign countries, they point out our own obvious social inequities Sure enough. Our track record in getting other nations to see things our way has not been a success.

Good Listening
Bruce
Re: Modern Monetary Theory [message #94419 is a reply to message #94416] Mon, 13 September 2021 09:27 Go to previous messageGo to next message
Rusty is currently offline  Rusty
Messages: 606
Registered: May 2018
Location: Kansas City Missouri
Illuminati (1st Degree)
Quote:
Sure enough. Our track record in getting other nations to see things our way has not been a success.
Yup. That seems to follow our American exceptionalism self deception nicely.
Re: Modern Monetary Theory [message #94436 is a reply to message #94419] Wed, 15 September 2021 10:41 Go to previous message
Rusty is currently offline  Rusty
Messages: 606
Registered: May 2018
Location: Kansas City Missouri
Illuminati (1st Degree)
Big investors are having a hissy fit with China not allowing them to do their looting scheme. So they're spouting off with editorials in big publications venting what they perceive is an existential threat to the free world. Free being the free lunch they're accustomed to. The United States has been living under this scheme for 40 plus years, and it shows. Sky high real estate, schooling, health care. Decaying infrastructure, regressive taxation and ineffective, stalemate governance. It's the Neoliberal way, historically parallel to the Romans. We keep going ahead in denial and who knows what other financial meltdown will wash over us like waves coming in this young century. By count, three so far, including the COVID crisis.
Why do we cripple ourselves so? Read on.

https://michael-hudson.com/2021/09/the-vocabulary-of-neoliberal-diplomacy-in-todays-new-cold-war/
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