Where money comes from...

Jun 12, 2020 · 9:08 AM UTC

34
117
19
418
0
Replying to @marwilliamson
Money comes from fractional reserves. A bank that has $100 in deposits can lend $200 in loans.
Replying to @marwilliamson
“We must change the paradigm from an economic bottom line to a humanitarian bottom line.” Marianne Williamson
1
7
1
7
0
Replying to @marwilliamson
40% of Americans live with chronic economic anxiety... “You’re not suppose to be shackled by material conditions in the richest country in the world.” Marianne Williamson
5
1
10
0
Replying to @marwilliamson
Sadly, right now "money" comes from the federal reserve, & lent to the government to finance wars, brutality, & caging of people for victimless commerce. @Jorgensen4POTUS & I will end that failed 20th century system, so that money will come from the sources you discussed.
1
5
22
Replying to @marwilliamson
Hate to break to you, I live in Norway and I still feel the stress you're talking about the doesn't allow me to be the best husband, father or employee I could be. There are no quick fixes.
1
1
Replying to @marwilliamson
As #mmt explains under Fiat Money System Govt spend fiat which is unlimited & taxes are not needed/uses. Based on that here'a Tax Rate Schedule that could eliminate poverty. It begins with giving 100% $20k income, no taxes up to $40k then tax progressively all on gross income
Replying to @marwilliamson
Totally agree. Too many people have gone through too many trauma’s only to be compounded by not enough income to give them any chance. Let alone a fair chance. How on earth do you rebound from that without help? #MedicareForAll #UBI #Reparations #HR5 #education
1
3
Replying to @marwilliamson
Absolutely correct! There has been an enormous disconnect between government and where money really comes from. There is no abstract 'money tree' that government may go to. Real money is provided by the 'sweat of the brows' of the People!
2
1
1
Replying to @marwilliamson
Who is this woman ... She's pretty good!
1
1