Discover and read the best of Twitter Threads about #teachmmt

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Hello MMT world! This twitter feed is meant to provide opportunities for online MMT activism. We will post articles, YouTube videos, twitter threads, etc., which could benefit from an MMT perspective in the replies, then you can join those discussions. (1/4)
Our purpose: to stamp out myths regarding the monetary and banking system, so that political and economic discussions can truly be informed. (2/4)
Our strategy: get MMT out there to the places these discussions are already being had. Do so in a highly visible and lasting way that maximizes the impact of our time. Engage people in friendly conversation. Win hearts and minds one by one. (3/4)
Read 4 tweets
1/8 Please please please, @WaywardWinifred (& all progressive leaders!), please #LearnMMT. in a country that prints its own money (the United States is a “sovereign” nation with a “fiat” currency) the national debt is meaningless and nonsensical.
2/8 #LearnMMT
- “We can’t ‘afford’ #MedicareForAll!” 👉 The word “afford” is meaningless in a fiat currency. We print our own money!
- “Sure, #M4A is nice, maybe someday, but how will we pay for it?!” 👉 We pay for it by voting the money into existence. How? By passing HR-676.
3/8 #LearnMMT
- But r taxes will go up! 👉 Federal taxes, while really important, DO NOT PAY FOR ANYTHING. (If u could print ur own 💰, would u need income?)
- But it will bankrupt the country! Think of the children! 👉 Exactly how do u bankrupt a country that prints its own 💰?
Read 9 tweets

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