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This is where our current economic policy is coming from...

Posted on 5/3/24 at 10:01 am
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51726 posts
Posted on 5/3/24 at 10:01 am
Posted by roadkill
East Coast, FL
Member since Oct 2008
1845 posts
Posted on 5/3/24 at 10:10 am to
Is this legit?? Not satire??
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74038 posts
Posted on 5/3/24 at 10:11 am to
Good grief
Posted by I Love Bama
Alabama
Member since Nov 2007
37721 posts
Posted on 5/3/24 at 10:21 am to
These are the minds behind MMT. We have to stop this shite.
Posted by Weekend Warrior79
Member since Aug 2014
16440 posts
Posted on 5/3/24 at 10:50 am to
In summary, from the Chair of the Council of Economic Advisors:
quote:

language and concepts are confusing...language and concepts are confusing....I don't get it...there isn't anything confusing there


Also, the government may or may not sell bonds.
Posted by Sterling Archer
Austin
Member since Aug 2012
7328 posts
Posted on 5/3/24 at 11:59 am to
How does someone with a bachelor's degree in music, a master's in social work and a doctorate of social work end up working in economics at any level? Let alone at the highest level in the US
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
7793 posts
Posted on 5/3/24 at 11:59 am to
This is the guy who said we need to end our commitment to maintaining the dollar’s reserve currency status. We are being governed by people devoted to the destruction of our nation.
Posted by BamaCoaster
God's Gulf
Member since Apr 2016
5300 posts
Posted on 5/3/24 at 2:30 pm to
quote:

These are the minds behind MMT


He ALMOST says “minds behind MMT” towards the end.
These people, who think they’re the smartest ppl in the room, are the dumbest. And, that’s the truly terrifying part.
Posted by canyon
Member since Dec 2003
18456 posts
Posted on 5/3/24 at 2:55 pm to
That was priceless
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51726 posts
Posted on 5/3/24 at 3:21 pm to
quote:

These are the minds behind MMT. We have to stop this shite.


And he can't even explain MMT. He tries a couple of times then says "the language is confusing" yet he propones it.
Posted by ynlvr
Rocket City
Member since Feb 2009
4595 posts
Posted on 5/3/24 at 5:48 pm to
I think I’ll dig up the documentary “Finding the Money”. I don’t see this train slowing down much less stopping or reversing. Inflation is there best friend
Posted by Dawgfanman
Member since Jun 2015
22456 posts
Posted on 5/3/24 at 5:52 pm to
Wtf.

Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80789 posts
Posted on 5/3/24 at 6:09 pm to
That is so bad its hard to think its real
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
40029 posts
Posted on 5/4/24 at 7:26 am to
That can’t be real though, huh?
Posted by Art Blakey
Member since Aug 2023
95 posts
Posted on 5/4/24 at 11:57 am to
quote:

These are the minds behind MMT. We have to stop this shite.


If you own gold, btc, R/E or cash flow positive equity MMT is your friend. The melt up in hard assets unleashed by it will melt faces. But so will all the fires in major cities lit by folks that don't own hard assets, lol.
This post was edited on 5/4/24 at 11:58 am
Posted by PUB
New Orleans
Member since Sep 2017
18276 posts
Posted on 5/5/24 at 6:52 pm to
Guy is a moron and fits the freaks running the country. Beyond embarrassing
Posted by GEAUXT
Member since Nov 2007
29270 posts
Posted on 5/5/24 at 7:07 pm to
I honestly have no words to respond to that.

He "thinks" the government sells bonds?

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