QE isn't "printing money", it's an asset swap.
November 24, 2025 at 1:02 PM
QE isn't "printing money", it's an asset swap.
It doesn't really consist of anything. It starts each day with a zero balance.
Simplified:
.Parliament authorises spending
. HMT instructs it's own bank, the BoE to mark up accounts of recipients
. BoE must comply so marks up reserve accounts and marks down CF
. New £s every time
Simplified:
.Parliament authorises spending
. HMT instructs it's own bank, the BoE to mark up accounts of recipients
. BoE must comply so marks up reserve accounts and marks down CF
. New £s every time
November 16, 2025 at 7:47 PM
It doesn't really consist of anything. It starts each day with a zero balance.
Simplified:
.Parliament authorises spending
. HMT instructs it's own bank, the BoE to mark up accounts of recipients
. BoE must comply so marks up reserve accounts and marks down CF
. New £s every time
Simplified:
.Parliament authorises spending
. HMT instructs it's own bank, the BoE to mark up accounts of recipients
. BoE must comply so marks up reserve accounts and marks down CF
. New £s every time
"MMT does not argue for dynamic tax policy to manage the business cycle. This is one of the most common misunderstandings."
Taxation is an indispensable anti-inflation policy tool in Modern Monetary Theory.
Taxation is an indispensable anti-inflation policy tool in Modern Monetary Theory.
November 6, 2025 at 4:18 PM
"MMT does not argue for dynamic tax policy to manage the business cycle. This is one of the most common misunderstandings."
Taxation is an indispensable anti-inflation policy tool in Modern Monetary Theory.
Taxation is an indispensable anti-inflation policy tool in Modern Monetary Theory.
The picture below shows my response to anything you ever post in the future.
Every time you ever post anything, instead of me responding, I refer you to this.
Don't forget now...
Every time you ever post anything, instead of me responding, I refer you to this.
Don't forget now...
November 5, 2025 at 1:28 PM
The picture below shows my response to anything you ever post in the future.
Every time you ever post anything, instead of me responding, I refer you to this.
Don't forget now...
Every time you ever post anything, instead of me responding, I refer you to this.
Don't forget now...
Krugman or Krigman 😂
Comedy gold mate, all of it is comedy gold.
Anyway ...
Comedy gold mate, all of it is comedy gold.
Anyway ...
November 3, 2025 at 11:23 PM
Krugman or Krigman 😂
Comedy gold mate, all of it is comedy gold.
Anyway ...
Comedy gold mate, all of it is comedy gold.
Anyway ...
You aren't capable of rational thought.
Still waiting ...
Still waiting ...
November 3, 2025 at 5:50 PM
You aren't capable of rational thought.
Still waiting ...
Still waiting ...
Lol.
Off you trot. Meanwhile, if you can ever gather the mental and physical resources necessary to come up with a coherent answer to 👇, just @ me👍
Off you trot. Meanwhile, if you can ever gather the mental and physical resources necessary to come up with a coherent answer to 👇, just @ me👍
November 2, 2025 at 4:44 PM
Lol.
Off you trot. Meanwhile, if you can ever gather the mental and physical resources necessary to come up with a coherent answer to 👇, just @ me👍
Off you trot. Meanwhile, if you can ever gather the mental and physical resources necessary to come up with a coherent answer to 👇, just @ me👍
Did I?
Where did I admit that?
If you could, you would.
You clearly can't. Or can you 👇
Where did I admit that?
If you could, you would.
You clearly can't. Or can you 👇
November 2, 2025 at 4:38 PM
Did I?
Where did I admit that?
If you could, you would.
You clearly can't. Or can you 👇
Where did I admit that?
If you could, you would.
You clearly can't. Or can you 👇
"us all" is anyone and everyone who ever reads this thread.
Now, 🥱
How many more times
Now, 🥱
How many more times
November 2, 2025 at 4:32 PM
"us all" is anyone and everyone who ever reads this thread.
Now, 🥱
How many more times
Now, 🥱
How many more times
Lol, thanks again for confirming my previous posts.
November 2, 2025 at 11:16 AM
Lol, thanks again for confirming my previous posts.
Lol, I do.
We all do.
You paraded it here for all to see:
We all do.
You paraded it here for all to see:
November 2, 2025 at 11:03 AM
Lol, I do.
We all do.
You paraded it here for all to see:
We all do.
You paraded it here for all to see:
That's a fundamental misunderstanding. Here's Bill Mitchell explaining the reality:
October 29, 2025 at 8:02 PM
That's a fundamental misunderstanding. Here's Bill Mitchell explaining the reality:
Your reading is incorrect.
This, from Bill Mitchell, explains MMT view of the role of taxation regarding inflation:
This, from Bill Mitchell, explains MMT view of the role of taxation regarding inflation:
October 28, 2025 at 4:17 PM
Your reading is incorrect.
This, from Bill Mitchell, explains MMT view of the role of taxation regarding inflation:
This, from Bill Mitchell, explains MMT view of the role of taxation regarding inflation:
No, sorry, the "question" as posted was 👇
It's nonsensical word salad.
It's nonsensical word salad.
October 23, 2025 at 5:19 PM
No, sorry, the "question" as posted was 👇
It's nonsensical word salad.
It's nonsensical word salad.
Nah, she blurted out some meaningless word salad.
I've invited her to try to form a coherent question, so far no sign 🤷
I've invited her to try to form a coherent question, so far no sign 🤷
October 23, 2025 at 4:53 PM
Nah, she blurted out some meaningless word salad.
I've invited her to try to form a coherent question, so far no sign 🤷
I've invited her to try to form a coherent question, so far no sign 🤷
As Bill says, saying it's just a description sells it short.
Plus, don't forget the JG.
billmitchell.org/blog/?p=49488
Plus, don't forget the JG.
billmitchell.org/blog/?p=49488
October 23, 2025 at 12:41 PM
As Bill says, saying it's just a description sells it short.
Plus, don't forget the JG.
billmitchell.org/blog/?p=49488
Plus, don't forget the JG.
billmitchell.org/blog/?p=49488
For future reference 👇
October 23, 2025 at 6:52 AM
For future reference 👇
Er ...no... Your comprehension skills are appalling.
October 12, 2025 at 12:01 PM
Er ...no... Your comprehension skills are appalling.
You don't have the capacity to form any kind of coherent thought.
You are too dense to understand the simplest concept e.g. why your fever dream is absurd.
Any sign of answers to my questions? Nah, thought not.
Get back to your homework, don't bother me again until you've completed it.
You are too dense to understand the simplest concept e.g. why your fever dream is absurd.
Any sign of answers to my questions? Nah, thought not.
Get back to your homework, don't bother me again until you've completed it.
October 12, 2025 at 10:48 AM
You don't have the capacity to form any kind of coherent thought.
You are too dense to understand the simplest concept e.g. why your fever dream is absurd.
Any sign of answers to my questions? Nah, thought not.
Get back to your homework, don't bother me again until you've completed it.
You are too dense to understand the simplest concept e.g. why your fever dream is absurd.
Any sign of answers to my questions? Nah, thought not.
Get back to your homework, don't bother me again until you've completed it.
Reread my posts, images below. Get a grown up to help as your comprehension skills are poor.
Now, again, do you think the "idea that govt can print £10m" etc. fever dream you posted is part of the MMT framework or not?
Now, again, do you think the "idea that govt can print £10m" etc. fever dream you posted is part of the MMT framework or not?
October 12, 2025 at 10:06 AM
Reread my posts, images below. Get a grown up to help as your comprehension skills are poor.
Now, again, do you think the "idea that govt can print £10m" etc. fever dream you posted is part of the MMT framework or not?
Now, again, do you think the "idea that govt can print £10m" etc. fever dream you posted is part of the MMT framework or not?
Well, here's what you said when I explained it's a framework for understanding etc.
You seem to think "idea that the government can print £10m for every single person..." is part of the MMT framework.
So let's clear that up; do you think it is part of the framework or not?
You seem to think "idea that the government can print £10m for every single person..." is part of the MMT framework.
So let's clear that up; do you think it is part of the framework or not?
October 12, 2025 at 9:40 AM
Well, here's what you said when I explained it's a framework for understanding etc.
You seem to think "idea that the government can print £10m for every single person..." is part of the MMT framework.
So let's clear that up; do you think it is part of the framework or not?
You seem to think "idea that the government can print £10m for every single person..." is part of the MMT framework.
So let's clear that up; do you think it is part of the framework or not?
What's weird is you've made an absurd statement based on some kind of fever dream :
"The idea that the government can print £10m for every single person..."
And followed it up with another:
"It's no more absurd than MMT."
So you clearly think the first statement is an MMT policy, right?
"The idea that the government can print £10m for every single person..."
And followed it up with another:
"It's no more absurd than MMT."
So you clearly think the first statement is an MMT policy, right?
October 12, 2025 at 6:17 AM
What's weird is you've made an absurd statement based on some kind of fever dream :
"The idea that the government can print £10m for every single person..."
And followed it up with another:
"It's no more absurd than MMT."
So you clearly think the first statement is an MMT policy, right?
"The idea that the government can print £10m for every single person..."
And followed it up with another:
"It's no more absurd than MMT."
So you clearly think the first statement is an MMT policy, right?
