nprofile1qy2hwumn8ghj7un9d3shjtnyd968gmewwp6kyqpqhch2g9rx6yvsemdwlpea8gskhu7h228k2hw7k6ckuxlj5wsu2n4s0aeesl (nprofile…eesl) It's been a race to the bottom in political economy discourse, that's for sure. And what no one is talking about (of course) is rational #MMT framing of the problem, where tax is treated not as revenue, but as a means of getting excess money out of circulation. A safety valve.
Our state is a monetary sovereign, which means it can issue its own currency at will without first collecting taxes or borrowing. This is the superpower that we should be using, and then tax becomes just one of the terminals on the "money battery."
Phil Stevens :tinoflag:
npub1k2…ylww0
2026-08-23 22:34:30 UTC
in reply to nevent1q…sv5w
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wss://relay.ditto.pubPublished at
2026-08-23 22:34:30 UTCEvent JSON
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