A video explaining modern monetary theory and how with a little Marxism it can benefit everyone.

  • trippingonthewire@lemmy.ml
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    1 year ago

    Interesting take on inflation: One of the big issues is who gets the printed money. Not us. It’s the rich and banks, who buyout all of our resources to hurt us.

    Example: 2008 recession, government made blackrock, who then ate up the housing market so that no one owns their home yet they WILL be happy.

    • unfreeradical@lemmy.world
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      1 year ago

      It could be given either to workers or to oligarchs.

      The postwar model was Keynsian, or demand side, meaning the state supported prosperity of workers.

      Supply side has only helped oligarchs.