Teoría Monetaria Moderna - Trabajo Garantizado - Pleno Empleo - Estabilidad de Precios redmmt.es
Un país PIIGS
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Red MMT retweeted
La imagen de Milei llegó a su punto pico crítico más alto: la negativa ya duplica la positiva.
Datos del informe de octubre de @PulsoResearch
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Raising interest rates to the benefit of renters.
The outgoing ECB president has steered the central bank through the worst pandemic in a century, the bloodiest war in Europe since 1945, the biggest inflation shock in a generation and a US trade war. What will define her legacy? ft.trib.al/JA5156R
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Red MMT retweeted
TARGET2 balances are NOT German loans. Even Germany's public bank KfW explicitly says so.
They reflect payments already settled, capital flows and ECB monetary policy. They even include payments for German cars bought by Italians — cars that have already been paid for.
They are intra-Eurosystem claims and liabilities, eliminated in the Eurosystem's consolidated balance sheet.
You're confusing accounting with economics. And propaganda with analysis. As usual.
There's a fantasy in Italy and Spain that Germany's TARGET2 claims aren't real. They're very real. They're subsidized loans from Germany that finance a standard of living in Italy and Spain that's artificially and unsustainably high. The AfD will end this.
robinjbrooks.substack.com/p/…
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Red MMT retweeted
If only fish and sharks could intertemporally optimize their populations under rational expectations, we wouldn't need ecologists and their silly dynamic models.
Unfortunately, neither species has figured out how to maximize discounted lifetime utility.
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Robin cries; good for humanity
Recent early departures from the ECB - so Macron can pick the successors - is wrong and symptomatic of a European elite that shuffles jobs to itself regardless of the political winds. This further damages the legitimacy of the ECB, especially in Germany...
robinjbrooks.substack.com/p/…
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Enhorabuena, economistas neoclásicos, @ecb , @EU_Commission :
Vuestras recomendaciones políticas cuestan vidas.
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Red MMT retweeted
Beneficios récord, millones de parados. Y todavía nos explican que el empleo depende de que las empresas ganen más. Kalecki señaló lo incómodo: el pleno empleo fortalece a los trabajadores y debilita la disciplina del despido. No es solo una cuestión económica. Es poder.
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Red MMT retweeted
1/25 🎬🍿 COMING SOON: NEOCLASSICAL CINEMA. No involuntary unemployment, no radical uncertainty, and every ending in equilibrium. Critics call it fiction. Economists call it a documentary. Can you guess them? 🧵
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Lágrimas de cocodrilo de una entidad que
1. Impuso una liberalización desacatada bajo principios de "libre mercado".
2. Ha velado por políticas de austeridad que han reducido la inversión pública a la mitad.
The European flags outside the European Commission's seat in Brussels, are flying at half-mast, as a sign of European solidarity following the Spanish authorities’ decision to declare three days of national mourning after the train collision in Urda.
Europa llora con vosotros.
ALT European flags flying at half-mast outside the Berlaymont building in Brussels, on the evening of 28 October 2026.
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Unfortunately te next one will algo be a neoliberal.
I have just informed my colleagues that I will step down as @ECB President on 7 February 2027.
It has been a source of great pride to serve this institution.
I thank all of those who have supported me on this journey over the past seven years.
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Doesn't understand TARGET2
No. You're perpetuating a wrong fantasy. If Italy had its own currency, it would have devalued massively in 2011 as capital flows collapsed. That collapse wasn't possible because of the Euro. So private capital flows had to be replaced with official ones. That is TARGET2...
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Dos días antes se estaba quejando del volumen de la deuda pública. Es imposible sorber y soplar a la vez.
Ningún accidente en 35 años. Dos el mismo año. La probabilidad condicionada al estado lamentable del mantenimiento de infraestructuras es mucho mayor y tres años sin presupuesto mucho mayor aún. Muertos, heridos y todos los españoles acojonados de subir al tren
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Red MMT retweeted
The answer is the currency itself is a public monopolist and unemployment evidences the monopolist restricting supply (of net financial assets).
Aka, Keynes' lack of effective demand story.
And to the classics point that ex monopoly there's no unemployment.
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Solo hay que consultar los ordenadores del Tesoro.
Esto es tinta de calamar.
🔴 Alberto Núñez Feijóo: "Lo primero será una auditoría en 100 días para saber la deuda y el déficit real tras cuatro años sin Presupuestos"
Informa Iván Libreros (@IvanLibreros95)
vozpopuli.com/espana/politic…
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Red MMT retweeted
The libertarian solution to child labour is to explain that children wouldn't be working in factories unless the market had determined it was their most productive use.
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Red MMT retweeted
📢 🇲🇽 UNAM l 4.º Ciclo de Conferencias "Desarrollo económico y análisis estructural"
🏭 Cambio ocupacional, transformación productiva, sostenibilidad y heterogeneidad estructural.
📅 12, 19 y 26 de noviembre
🕚 11:00 h (CDMX) | 💻 Online
🔗 depfe.unam.mx
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