You dont even understand how the taxation system works.https://youtu.be/msbiZ6VLK_UTax in our modern 1667 England modeled financial system LITERALLY PAYS THE RICH AT INTEREST. The government does not wait for taxes to build up a budget for welfare, it directly borrows from the central bank at interest through issuing bonds to it. Bonds for those who aren't aware are a type of loan where the debt takes the form of an i-owe-you (the bond, also called a gilt in the UK) which can be traded or given to someone else. These bonds are swallowed up by the Epstein Rothschild Schiff adjacent banker dynasties and big finance. A better society is possible, but it doesn't come from a non White invader like Mamdani, dabbling in mere fiscal policy and restructuring the economy to feed gibs to nons through debt financed welfare, making everyone poorer. Instead it comes from a White leader who completely restructures monetary policy at the banking level, making welfare not a sum of money given to people via government borrowing but rather through productive credit creation by small decentralised banks for business purposes
"Economics for Helen" by Hilaire Belloc which is probably the greatest economics primer ever writtenhttps://archive.org/details/economicsforhele0000bellThe Servile State by Hilaire Bellochttps://legiochristi.com/static/lit/H_Belloc_The_Servile_State.pdfThe Outline of Sanity by C. k. Chestertonhttps://www.menofthewest.net/wp-content/uploads/2022/02/The-Outline-of-Sanity-GK-Chesterton-1927.pdfManifesto for the Abolition of Enslavement to Interest by Gottfried Feder https://archive.org/details/manifesto-for-abolition-enslavement-interest-on-money-gottfried-feder"Usury" by Calvin Elliott. https://archive.org/details/ElliottCalvinUsuryWhere does Money Come From by Richard Wernerhttps://professorwerner.org/pubs/where-does-money-come-from-a-guide-to-the-uk-monetary-and-banking-system/(can be found on Annas-archive)Princes of the Yen by Richard Wernerhttps://professorwerner.org/pubs/princes-of-the-yen-japans-central-bankers-and-the-transformation-of-the-economy/(can be found on Annas-archive)KILLING THE HOST: How Financial Parasites and Debt Bondage Destroy the Global Economy by Michael Hudsonhttp://digamo.free.fr/hudson15.pdfHitler's Revolution by Richard Tedorhttps://archive.org/details/hitlers-revolution-expanded-edition-richard-tedor_20230406_2240
>>539174549Jews don't understand how money works. If you have all of the money, it isn't worth anything anymore. When debt jubilee unfolds the only things of value will be tangible assets and your only means of of defending those assets will be private security that you can't even pay with your worthless money.
Yes, it's called Modern Money Theory.
>>539176215Aka globalist propaganda.How central banks buy out experts in the economics professionhttps://www.huffpost.com/entry/priceless-how-the-federal_n_278805>One critical way the Fed exerts control on academic economists is through its relationships with the field's gatekeepers. For instance, at the Journal of Monetary Economics, a must-publish venue for rising economists, more than half of the editorial board members are currently on the Fed payroll -- and the rest have been in the past.>Auerbach found that in 1992, roughly 968 members of the AEA designated "domestic monetary and financial theory and institutions" as their primary field, and 717 designated it as their secondary field. Combining his numbers with the current ones from the AEA and NABE, it's fair to conclude that there are something like 1,000 to 1,500 monetary economists working across the country. Add up the 220 economist jobs at the Board of Governors along with regional bank hires and contracted economists, and the Fed employs or contracts with easily 500 economists at any given time.>A HuffPost review of seven top journals found that 84 of the 190 editorial board members were affiliated with the Federal Reserve in one way or another.>"Try to publish an article critical of the Fed with an editor who works for the Fed," says Galbraith. And the journals, in turn, determine which economists get tenure and what ideas are considered respectable.>"like it's [not just] a payoff, like money. I think it's more being one of, part of, a club -- being respected, invited to the conferences, have a hearing with the chairman, having all the prestige dimensions, as much as a paycheck."
>>539174549This is why I don't pay taxes. You took the loan, now pay it back, nigger!
>>539176825If you could show me 1 single "globalist" institution that embraces MMT, that would be great (you can't and you won't).There's a reason all the primary academics behind it in the US all came out of like the University of Missouri-Kansas City.
>>539177023jew trying to avoid contesting my central point about government debt borrowing which he can't and won't. MMT just like the "nationalisation" of the bank of England is just smoke and mirrors to keep the debt based government borrowing going. The actual solution is productive credit creation and decentralisation of property and the power to issue credit
>>539177578Are you totally fucking retarded?Of course it is a debt. The money is created out of nothing, so there was zero -- it is created, then there is a debt in that amount. MMT is the one telling you there is no reason in particular to pay any interest on this process.But typically morons like you try to circle back to a gold standard or something, because you want to limit economic activity, you want to restrict other people from engaging in it. So even though you have tons of industrial and productive processes that don't need any gold to actually happen, you force that connection/limitation to take place.It's like if a carpenter was hired to build your house. He has the tools, he has the materials, he has the know-how, but he tells you he ran out of inches. It doesn't make any sense.
>>539177756>Are you totally fucking retarded?No i'm just not falling for the bank gangster controlled opposition propaganda.>Of course it is a debt. The money is created out of nothing, so there was zero -- it is created, then there is a debt in that amount. MMT is the one telling you there is no reason in particular to pay any interest on this process.MMT doesn't tackle the problem of centralisation of credit. It doesn't tackle the problem of government borrowing being almost entirely nonproductive lending, which doesn't change the system of big bondholders slurping up the debt on government spending at all>typically morons like you try to circle back to a gold standard or something, because you want to limit economic activityOur entire kiked financial system has no economic activity because the majority of loans - 85%+ - are for non productive purposes and to government spending and big financial parasites not SMEs who are where actual prosperity and economic growth come from. This.won't change under gay nigger MMT. It changed under Japanese window guidance, under 3rd reich economic policy and it can change under any other form of distributist economic system
>>539178563>It doesn't tackle the problem of government borrowing being almost entirely nonproductive lending, which doesn't change the system of big bondholders slurping up the debt on government spending at allMMT tells you you don't actually need to sell bonds at all. What would the big bondholders be slurping up?And they do tell you straight up that if you're not creating more goods and services, you will get inflation.
