Patricia (@patricianpino) 's Twitter Profile
Patricia

@patricianpino

CEng, MSc Econ & Finance. PhD Candidate at @IIPP_UCL. Co-host of @MMTPodcast . Associate @GowerInitiative . patriciapino.bsky.social

ID: 303336360

linkhttps://www.themmtpodcast.com calendar_today22-05-2011 17:59:41

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Darren Quinn | Modern Money Educator & Analyst (@ausmmt) 's Twitter Profile Photo

A lot of debate about MMT and international trade circles back to the phrase: “Exports are costs, imports are benefits.” Critics call this a dogmatic slogan—but that misses the point. 🧵(1/10)

Joe Weisenthal (@thestalwart) 's Twitter Profile Photo

Trump says that if it hadn’t been for subsidies, the US wouldn’t have a dominant player in EVs or space and satellite technology

Trump says that if it hadn’t been for subsidies, the US wouldn’t have a dominant player in EVs or space and satellite technology
Patricia (@patricianpino) 's Twitter Profile Photo

Japan won’t take western rice because Japanese rice has massive cultural and historical significance to them. Stop shoving American rice down their throats.

Patricia (@patricianpino) 's Twitter Profile Photo

Not so fun fact. Nazi Germany would post propaganda videos of Jewish folk at concentration camps enjoying their time there. To appease the more morally conscious Germans.

Stephanie Kelton (@stephaniekelton) 's Twitter Profile Photo

Richmond Fed president asks business leaders about Trump’s tariffs and learns that firms are “raising prices not because they have to, but because they think they can get away with it.” wsj.com/economy/tom-ba…

Patricia (@patricianpino) 's Twitter Profile Photo

The country doesn’t “earn” £’s. It has £’s a plenty. Please show the evidence that says that 100% of GDP in debt leads to bankruptcy.

Patricia (@patricianpino) 's Twitter Profile Photo

My humble take on this is that doubling down on the very policies that have caused the current crisis of capitalism, in the context of a heavily armed civilian population is probably not a good idea.

Patricia (@patricianpino) 's Twitter Profile Photo

Those speaking of government pension spending merely as a cost to the public purse are (once again) underestimating its wider impact on consumption, on business income and consequently on GDP.

Patricia (@patricianpino) 's Twitter Profile Photo

The lesson from this should be : global shocks happen unexpectedly. Therefore You can’t set strict fiscal rules because you may be obliged to break them to keep the country stable and your electoral base happy. Ditch them. That’s it.

Patricia (@patricianpino) 's Twitter Profile Photo

As government spending grows so do tax revenues. There is generally no need to argue about who is to pay more tax before spending takes place. Tax is part of a set of fiscal tools available to address inflation and inequality. It is a completely separate discussion.

Patricia (@patricianpino) 's Twitter Profile Photo

The precarity of the UK economy has nothing to do with solvency. The UK has much *real* wealth. The precarity is brought about by the squandering of our wealth through the manufactured scarcity of money, by a govt that acts in the interest of the rentier (unproductive) class.

Patricia (@patricianpino) 's Twitter Profile Photo

Is it a good time to remind people that almost every other time the US government achieved a budget surplus it was followed by a recession?