Ah well, at least we have indoor toilets and washing machines unlike theso far old Russian have: devalued your pension fund, increased your mortgage rates, massively hiked your energy costs, given you food shortages, devalued your national currency, dragging you into hyperinflation, creating perfect conditions for stagflation
funny ain't it...
but you boys luv it
cause ya ganstas init
Putin apologistthere are no nazis in UK-rain..
it is correctLol.
I've seen countless of these type of things and that's about as bad as it gets. Whoever wrote that deserves some kind of award. You really should try to do some basic research on how the money system actually works in your own country before copying and pasting some article which clearly doesn't understand the thing it's trying to debunk.
1. Pure ******. MMT has no 'model of inflation'. Nor does anyone else. As Tarullo said:
. “The substantive point is that we do not, at present, have a theory of inflation dynamics that works sufficiently well to be of use for the business of real-time monetary policymaking,” said Mr Tarullo in a speech at the Brookings think-tank in Washington.
2. Nope. Tell me you don't understand how fiat economies work. 'Printing money' is always a dead giveaway. Like 'Zimbabwe!, Weimar!' etc.
3. Nope. MMT doesn't use taxation to combat inflation, it uses spend side auto-stabilisers, primarily the Job Guarantee.
4. Nope. See 3.
5. 'Unsustainable debt' - there's no such thing for a currency issuing govt with it's own fiat, floating currency. Greece? JFC, what a complete divot the author must be to not grasp the difference between monetary sovereign and non-monetary sovereign countries.
Back to school for him and back to school for you.
Putin trollso far old Russian have: devalued your pension fund, increased your mortgage rates, massively hiked your energy costs, given you food shortages, devalued your national currency, dragging you into hyperinflation, creating perfect conditions for stagflation
funny ain't it...
but you boys luv it
cause ya ganstas init
Ah well, at least we have indoor toilets and washing machines unlike thethird worldrussia,
83 missile and drone launches strikes---83 hits--
Here is Russian cruise missile getting shot down, just like the other 55 got taken out.if you were allowed access to Russian TV you would not have to guess. rumble or odysee work if you can't use TOR
Russia claimed to have launched 150 at one point. Some fell out of the sky over Russian territory, some got shot down, some missed any realistic target, some probably hit although we haven't seen any examples yet.Here is Russian cruise missile getting shot down, just like the other 55 got taken out.
40 million don't, got plenty on the superyachts though.
You think they don't?
are you still trying to prove rubbish rolls up hill ?Well, if you insist on continuing ...
For each of the points in the risible copy and paste job, point to somewhere in the MMT 'canon' which you assert is making the point the author is trying to debunk.
I'll wait.
Some of the first mobilised troops have been killed. Apparently they got a single day of training.Soldiers. If a Ukrainian one is lucky they get a week or so in the UK aimed at making them behave like soldiers abd aome weapon use training. Numbers are not that high.
Russia ??????????? Time will tell.