September 2019

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Criticizing media criticism

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I was listening to some old episodes of the “On The Media” podcast today. Here’s one that got my attention: “Impossible!” The first segment is funny. Jonathan Greenberg is incredulously telling the story of how Trump got onto the Forbes list of richest people (in the 1980s) by talking fast and bullshitting him, and in […]

Money is fake; federal taxes don’t matter.

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I’m sharing this here because Modern Monetary Theory (MMT) came up in a Facebook discussion and I didn’t want to derail it. Here’s fun aspect of paying for federal government If you agree with MMT, that’s not a direct concern. The government can’t run out of money, because it defines what money is. It’s the […]