Tyrone Braithwaite
@mtbrone.bsky.social
Film-maker and mountain biker.
Director of Photography / DJI Ronin 4D Op / CAA qual Drone Pilot
#MMT
Director of Photography / DJI Ronin 4D Op / CAA qual Drone Pilot
#MMT
It's not massive by any stretch.
BoE can always buy bonds etc.
We need to stop worrying about the markets and worry about the failings of everything else.
BoE can always buy bonds etc.
We need to stop worrying about the markets and worry about the failings of everything else.
November 14, 2025 at 10:01 AM
It's not massive by any stretch.
BoE can always buy bonds etc.
We need to stop worrying about the markets and worry about the failings of everything else.
BoE can always buy bonds etc.
We need to stop worrying about the markets and worry about the failings of everything else.
The honest conversation would be how government finances actually work - not the botched up version that has put us back for decades under this terrible model.
www.ucl.ac.uk/bartlett/sit...
www.ucl.ac.uk/bartlett/sit...
www.ucl.ac.uk
November 7, 2025 at 9:56 AM
The honest conversation would be how government finances actually work - not the botched up version that has put us back for decades under this terrible model.
www.ucl.ac.uk/bartlett/sit...
www.ucl.ac.uk/bartlett/sit...
She actually called it 'an ill-conceived Brexit' rather than saying Brexit itself is bad per se.
November 5, 2025 at 4:31 PM
She actually called it 'an ill-conceived Brexit' rather than saying Brexit itself is bad per se.
Day one is when they should have thought about this.
October 14, 2025 at 8:50 PM
Day one is when they should have thought about this.
You are absolutely bang-on.
The pitfalls of being a 'clay' government and not having any ideals that people might vote for.
The pitfalls of being a 'clay' government and not having any ideals that people might vote for.
October 2, 2025 at 8:40 AM
You are absolutely bang-on.
The pitfalls of being a 'clay' government and not having any ideals that people might vote for.
The pitfalls of being a 'clay' government and not having any ideals that people might vote for.
Also there's no way the fiscal rules are credible.
They're without base, evidence and are self-defeating.
Any wonder why the economy is not in good shape?
They're without base, evidence and are self-defeating.
Any wonder why the economy is not in good shape?
September 18, 2025 at 7:56 AM
Also there's no way the fiscal rules are credible.
They're without base, evidence and are self-defeating.
Any wonder why the economy is not in good shape?
They're without base, evidence and are self-defeating.
Any wonder why the economy is not in good shape?
Bond vigilantes are tiresome.
Gilt markets are a policy choice enabled by the g'nment.
I love how we can't have functioning democracy or nice things because the bond market - not a naturally occurring force said so.
If we had proper leaders they would push back against this mythical story.
Gilt markets are a policy choice enabled by the g'nment.
I love how we can't have functioning democracy or nice things because the bond market - not a naturally occurring force said so.
If we had proper leaders they would push back against this mythical story.
September 17, 2025 at 6:29 PM
Bond vigilantes are tiresome.
Gilt markets are a policy choice enabled by the g'nment.
I love how we can't have functioning democracy or nice things because the bond market - not a naturally occurring force said so.
If we had proper leaders they would push back against this mythical story.
Gilt markets are a policy choice enabled by the g'nment.
I love how we can't have functioning democracy or nice things because the bond market - not a naturally occurring force said so.
If we had proper leaders they would push back against this mythical story.
Starmer has destroyed all of Dunt's - and every other centristy view of the country.
Starmer used this crowd, just like the left to cement the right.
Starmer used this crowd, just like the left to cement the right.
September 17, 2025 at 1:01 PM
Starmer has destroyed all of Dunt's - and every other centristy view of the country.
Starmer used this crowd, just like the left to cement the right.
Starmer used this crowd, just like the left to cement the right.
Honestly spend some time understanding this stuff rather than repeating what you believe to be true.
I've given you
A) a film to watch
B) a book to read
C) an academic paper to study.
Get informed.
I've given you
A) a film to watch
B) a book to read
C) an academic paper to study.
Get informed.
September 16, 2025 at 8:48 PM
Honestly spend some time understanding this stuff rather than repeating what you believe to be true.
I've given you
A) a film to watch
B) a book to read
C) an academic paper to study.
Get informed.
I've given you
A) a film to watch
B) a book to read
C) an academic paper to study.
Get informed.
There is no operational reason (i.e lack of money) why the government can't issue as much money as it wants but also has an inflation target so works within that limit.
Doubling benefits... likely inflationary.
Building a new hospital ... not likely inflationary.
Doubling benefits... likely inflationary.
Building a new hospital ... not likely inflationary.
September 16, 2025 at 8:45 PM
There is no operational reason (i.e lack of money) why the government can't issue as much money as it wants but also has an inflation target so works within that limit.
Doubling benefits... likely inflationary.
Building a new hospital ... not likely inflationary.
Doubling benefits... likely inflationary.
Building a new hospital ... not likely inflationary.
I've told you several times there is no 'just printing money' - that technically doesn't happen.
The government issues money to provision itself.
In an inflationary environment just printing money would likely cause more inflation.
We are all very clear on this.
The government issues money to provision itself.
In an inflationary environment just printing money would likely cause more inflation.
We are all very clear on this.
September 16, 2025 at 8:38 PM
I've told you several times there is no 'just printing money' - that technically doesn't happen.
The government issues money to provision itself.
In an inflationary environment just printing money would likely cause more inflation.
We are all very clear on this.
The government issues money to provision itself.
In an inflationary environment just printing money would likely cause more inflation.
We are all very clear on this.
Technically and operationally we can always issue as much money as we like but the hard limits are 1) inflation 2) things to buy.
September 16, 2025 at 8:25 PM
Technically and operationally we can always issue as much money as we like but the hard limits are 1) inflation 2) things to buy.
You can't overcome inflation by issuing more money.
That's what taxation is for.
You have to match spending with real resources.
MMT is very specific about how it all works.
That's what taxation is for.
You have to match spending with real resources.
MMT is very specific about how it all works.
September 16, 2025 at 8:08 PM
You can't overcome inflation by issuing more money.
That's what taxation is for.
You have to match spending with real resources.
MMT is very specific about how it all works.
That's what taxation is for.
You have to match spending with real resources.
MMT is very specific about how it all works.
Your opinion is being formed from misunderstandings about what happens.
Think it through - the UK government/BoE is the only place that can create sterling currney.
So why do they need private money?
Think it through - the UK government/BoE is the only place that can create sterling currney.
So why do they need private money?
September 16, 2025 at 6:55 PM
Your opinion is being formed from misunderstandings about what happens.
Think it through - the UK government/BoE is the only place that can create sterling currney.
So why do they need private money?
Think it through - the UK government/BoE is the only place that can create sterling currney.
So why do they need private money?
It creates the money it issues.
Simple as that.
Bonds eventually roll over and start again.
I've just answered your previous question.
Simple as that.
Bonds eventually roll over and start again.
I've just answered your previous question.
September 16, 2025 at 6:53 PM
It creates the money it issues.
Simple as that.
Bonds eventually roll over and start again.
I've just answered your previous question.
Simple as that.
Bonds eventually roll over and start again.
I've just answered your previous question.
No because just doubling benefits is likely inflationary!
You have to target things where the resources exist to fix the things we need fixing.
People often confuse government spending money with helicopter money.
It's not the same.
You have to target things where the resources exist to fix the things we need fixing.
People often confuse government spending money with helicopter money.
It's not the same.
September 16, 2025 at 6:52 PM
No because just doubling benefits is likely inflationary!
You have to target things where the resources exist to fix the things we need fixing.
People often confuse government spending money with helicopter money.
It's not the same.
You have to target things where the resources exist to fix the things we need fixing.
People often confuse government spending money with helicopter money.
It's not the same.
Go and read the deficit myth by Stephanie Kelton.
September 16, 2025 at 6:50 PM
Go and read the deficit myth by Stephanie Kelton.
No we don't.
The debt is just a record of all money spent and a safe place for money to go for people that want to save and generate a return.
It never needs paying back.
If you reduce the debt you remove that facility.
But it's not necessary for government spending to take place.
The debt is just a record of all money spent and a safe place for money to go for people that want to save and generate a return.
It never needs paying back.
If you reduce the debt you remove that facility.
But it's not necessary for government spending to take place.
September 16, 2025 at 6:48 PM
No we don't.
The debt is just a record of all money spent and a safe place for money to go for people that want to save and generate a return.
It never needs paying back.
If you reduce the debt you remove that facility.
But it's not necessary for government spending to take place.
The debt is just a record of all money spent and a safe place for money to go for people that want to save and generate a return.
It never needs paying back.
If you reduce the debt you remove that facility.
But it's not necessary for government spending to take place.
Not it's not at all.
Government funding is an act of money creation. The backing is provided by the BoE which is owned by the government.
No one said we should just double benefits.
It's simply political will that decides what we should do.
Why do you think Labour have virtually no growth?
Government funding is an act of money creation. The backing is provided by the BoE which is owned by the government.
No one said we should just double benefits.
It's simply political will that decides what we should do.
Why do you think Labour have virtually no growth?
September 16, 2025 at 6:47 PM
Not it's not at all.
Government funding is an act of money creation. The backing is provided by the BoE which is owned by the government.
No one said we should just double benefits.
It's simply political will that decides what we should do.
Why do you think Labour have virtually no growth?
Government funding is an act of money creation. The backing is provided by the BoE which is owned by the government.
No one said we should just double benefits.
It's simply political will that decides what we should do.
Why do you think Labour have virtually no growth?
Reducing government debt removes money out of the economy.
It's the opposite of what we should do in slow economic times.
Government's simply don't really run surpluses and when they do a recession often follows.
It's the opposite of what we should do in slow economic times.
Government's simply don't really run surpluses and when they do a recession often follows.
September 16, 2025 at 6:44 PM
Reducing government debt removes money out of the economy.
It's the opposite of what we should do in slow economic times.
Government's simply don't really run surpluses and when they do a recession often follows.
It's the opposite of what we should do in slow economic times.
Government's simply don't really run surpluses and when they do a recession often follows.
That's because we're being lied to about what we can and can't do.
September 16, 2025 at 6:43 PM
That's because we're being lied to about what we can and can't do.
Do us a favour. Go watch
findingmoneyfilm.com
findingmoneyfilm.com
Finding the Money – There's another side to the national debt.
findingmoneyfilm.com
September 16, 2025 at 6:41 PM
Do us a favour. Go watch
findingmoneyfilm.com
findingmoneyfilm.com
But the point is USA, UK, Japan, NZ, Can, Aus all issue (not print) money every single day.
And all start with a balance of zero.
On the pandemic they just proved they could do it on an exception level. In other words you can't pretend the private sector funds the government when it's shut down!
And all start with a balance of zero.
On the pandemic they just proved they could do it on an exception level. In other words you can't pretend the private sector funds the government when it's shut down!
September 16, 2025 at 6:41 PM
But the point is USA, UK, Japan, NZ, Can, Aus all issue (not print) money every single day.
And all start with a balance of zero.
On the pandemic they just proved they could do it on an exception level. In other words you can't pretend the private sector funds the government when it's shut down!
And all start with a balance of zero.
On the pandemic they just proved they could do it on an exception level. In other words you can't pretend the private sector funds the government when it's shut down!
It can't tax until it has spent money into existence to pay your taxes.
And borrowing is a policy choice that happens after government spending to neutralise the spending. Not an act of financing.
They don't need to borrow money because they're the only institution that can create the pound.
And borrowing is a policy choice that happens after government spending to neutralise the spending. Not an act of financing.
They don't need to borrow money because they're the only institution that can create the pound.
September 16, 2025 at 6:39 PM
It can't tax until it has spent money into existence to pay your taxes.
And borrowing is a policy choice that happens after government spending to neutralise the spending. Not an act of financing.
They don't need to borrow money because they're the only institution that can create the pound.
And borrowing is a policy choice that happens after government spending to neutralise the spending. Not an act of financing.
They don't need to borrow money because they're the only institution that can create the pound.