If America's Democratic Party would choose an MMT proponent like Mr. Chris Brown to represent them in the 2020 election, President Donald J. Trump could coopt much of Mr. Brown's platform........ and a real estate boom could begin in rural USA that would transform the economy of America and make it theoretically possible to pay off the USA national debt, (although frankly that would probably not be the way that Chris would recommend directly all that extra money). http://www.politicalforum.com/index...emocratic-party.489935/page-2#post-1066961109 Nominations for potential leaders for the Democratic Party.
Due to what my wife has taught me since the year 2000 I personally take the prediction by Pastor David Wilkerson very seriously........ http://www.politicalforum.com/index...-fed-policy-pay-off-usa-national-debt.489825/ Could a real estate boom plus better Fed policy pay off USA national debt? .... ...... I realize that I am not wording this so well but.... YES.... I do believe that it is theoretically possible to have America's federal government operating in the black..... as opposed to defining itself as being nearly twenty trillion dollars in debt! America certainly leads the world in the production of English language films of every genre..... so America is perfectly set up to begin to INCREASE THE VALUATION that is placed on human life......... and on LAND that preserves and improves our lives..... because 320 million Americans, in theory, can become 320 million actors, playing the role of themselves........ and an epic reality film series can be initiated where.... at least in theory.....The American Dream at a whole new level can be exported to the world through film production. http://www.politicalforum.com/index...on-could-bring-world-out-of-recession.406872/ Artistic Hollywood style "Armageddon" could bring world out of recession?!
Here is a good write up on MMT by Chris: https://www.facebook.com/groups/introductiontommt/search/?query=Brown Intro to MMT - Modern Monetary Theory Chris Brown December 25, 2016
Dennis, I don't support MMT. There is something wrong with its arguments but I don't have the wherewithal to identify it with my conscious mind, but there's something in the back of my head that's screaming that there's something wrong about this.
MMT is a theory that can be profoundly offensive to any of us....... because the implications are astonishing........... I do have a problem with MMT myself...... it is too complicated. It is easier to just come right out and admit that monetary policy..... at the highest levels..... is something like a cruel joke on the ignorant masses?! Here is a quotation from my 2008 campaign: http://bankingsystemsflaws.blogspot.ca ..... http://www.michaeljournal.org/appenB.htm One of the implications of MMT is that we Canadians..... are in a position to pay off the national debt of the USA over the next three decades...... because the national debt of the USA is something of a cruel joke anyway?! I would like to add another couple of paragraphs from that same article by the three economists:
Dennis in your post #3, the link of the text "March 16, 2016" there is a Facebook page, and on the discussion for that page I saw a message asking if anyone felt like commenting on an article. Here is the linked to article: AMI’s Evaluation of “Modern Monetary Theory” (MMT) http://www.monetary.org/mmtevaluation It's a critique of MMT.
I so thank you for the link to that article Wgabrie...... I am reading it right now..... I really do need to look more closely at the other side to MMT. For the record.... I got an interesting reply over in another discussion like this in another forum and I am now advocating that Oprah.... campaign for President and choose Mr. Chris Brown as her V.P. candidate. USA Presidential elections are a media spectacle anyway... so why not attempt to turn the 2020 election into a media frenzy where 90% or more of Americans will benefit... no matter which way they vote. I believe that a lack of understanding of history and economics is at the heart and core of our economic woes. Highly unethical companies that come up with the dangerous technology like terminator seeds are also turning entire nations against food products produced in the USA. My impression is that sales people for those companies are willing to risk destroying USA agriculture just to make more commissions and bonuses over the next few years before they retire. Something that Mr. Chris Brown does a great job of is explaining his variation of MMT in such a way that his ideas can be understood by both the political left and right. http://www.monetary.org/mmtevaluation
I have to admit that I personally prefer the idea of using reality and semi- reality science fiction films as the metaphorical gold........ set up situations that existed in the past that are relevant to what is happening today........ and use PENNIES..... as props..... to buy and sell real estate....... that become in a sense a stage..... on which the films are set?! Pennies from the 1920, '30's up to 1939 could serve as props.... in a film..... postulating a different ending to the M. S. St. Louis saga. http://www.politicalforum.com/index...ified-theory-of-modern-world-problems.458440/ CanSo Dollars... could finance a Unified Theory of Modern World Problems?!
I only got this far and I know that the author of that article is either terribly intellectually dishonest........ or they have an awfully strange view of what 99% means. Personally.... by 99%... I think that the author really means one percent...... but I could be biased. Please notice post #26 for further explanation..... http://www.politicalforum.com/index...chers-nova-scotia-liberal-party.486137/page-2 Subject: Government Update on Teachers (Nova Scotia Liberal Party) ...... http://www.michaeljournal.org/artic...ce-our-country-debt-free-say-three-economists
Considering the seriousness of the situation........ Americans desperately need somebody like Mr. Chris Brown who is capable of explaining the complexity of all this to both Democrats as well as Republicans. P. M. Netanyahu, President Trump has a 4.3 trillion dollar problem....
In my opinion..... Oprah for President and Chris Brown somewhere high up in her team..... could be the key to bringing the Democratic Party and the G.O.P. out of the mentality of Wrap Up Smear vs Wrap up Smear........... vs Wrap Up Smear...... that both sides are to some degree guilty of.......... http://www.politicalforum.com/index...for-the-2020-election.545241/#post-1069862902 Do you feel a sense of finality for the 2020 election? Is everything you believe in at stake in the 2020 election? * Yes 2 vote(s) 33.3% No 4 vote(s) 66.7% Other (explain in comment) 0 vote(s) 0.0% Change Your Vote I have to admit though that I feel that the Dems are resorting to desperate measures lately because I believe that they fear that several of their leaders could well do jail time.......... and that would be pretty bad publicity for the whole party.