Another great episode! Today's climate is full of oxymorons, and full blown gaslighting, where everything is labeled as the opposite of what it actually is. Excited that the guest Robert Hockett, will be joining the Macro n' Chill discussion Tuesday evening! #learnMMT #democracyhypocrisy #classwar
Good stuff as always. There's a lot of libertarian Austrian bs such as the Genius...aka Moron Act that edgelords fall for hook, line, and sinker that we have to debunk.
Great episode… If y’all ain’t doing nothing Tuesday evening… let’s listen together,, as a group perhaps?… Might Abe a good time?… Nay, a wonderful time
Fantastic episode going in depth on the Genius Act, the absurdity of private (as opposed to state) currencies, the Confederate States as a cautionary tale, and the Oedipus Economics (by Friedrich Hayek and other Austrians) that forms the ideology behind a lot of this…
The "genius" part of the act is the neoliberal scheme behind the word salad targeting a big group of the labor class who are not paying attention. Ah, the whisper of sweet nothings by the narcistic oligarchy that is, presently, the United States:
The fundamental concern is whether these stable coins truly possess the stability they promise. Interestingly, Hockett points out a potential contradiction: even as the Act aims to promote stability, the actual economic environment might prioritize market volatility, benefiting those betting on financial instability.
Lots to consider here. Is the GENIUS Act bad policy & corruption... or is it sensible behavior for a system build on exploitation & class war? Can that system be 'fixed'?
Another great episode! Today's climate is full of oxymorons, and full blown gaslighting, where everything is labeled as the opposite of what it actually is. Excited that the guest Robert Hockett, will be joining the Macro n' Chill discussion Tuesday evening! #learnMMT #democracyhypocrisy #classwar
Good stuff as always. There's a lot of libertarian Austrian bs such as the Genius...aka Moron Act that edgelords fall for hook, line, and sinker that we have to debunk.
Great episode… If y’all ain’t doing nothing Tuesday evening… let’s listen together,, as a group perhaps?… Might Abe a good time?… Nay, a wonderful time
Fantastic episode going in depth on the Genius Act, the absurdity of private (as opposed to state) currencies, the Confederate States as a cautionary tale, and the Oedipus Economics (by Friedrich Hayek and other Austrians) that forms the ideology behind a lot of this…
The "genius" part of the act is the neoliberal scheme behind the word salad targeting a big group of the labor class who are not paying attention. Ah, the whisper of sweet nothings by the narcistic oligarchy that is, presently, the United States:
The fundamental concern is whether these stable coins truly possess the stability they promise. Interestingly, Hockett points out a potential contradiction: even as the Act aims to promote stability, the actual economic environment might prioritize market volatility, benefiting those betting on financial instability.
Lots to consider here. Is the GENIUS Act bad policy & corruption... or is it sensible behavior for a system build on exploitation & class war? Can that system be 'fixed'?