MMT conference in Italy with 2,000 attending
Posted by WARREN MOSLER on February 28th, 2012
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MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.-
MMT: Taxes function to regulate aggregate demand, and not to raise revenue per se.
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February 28th, 2012 at 10:28 am
Do you think any video or slides will be made available?
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RyanVMarkov Reply:
February 28th, 2012 at 12:29 pm
Forza MMT Italia!
http://www.youtube.com/watch?v=XP60tpwu5cs
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Abram Larson Reply:
February 28th, 2012 at 1:27 pm
@RyanVMarkov, Tease!
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Paolo Barnard Reply:
March 1st, 2012 at 9:01 pm
@Abram Larson, Lots of videos on Youtube, digit Summit MMT Rimini. All the acts will be published on http://www.democraziammt.info, but not soon. Paolo Barnard, the organizer.
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February 28th, 2012 at 1:50 pm
Wow. Congrats.
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WARREN MOSLER Reply:
February 28th, 2012 at 4:47 pm
thanks!
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Paolo Barnard Reply:
March 1st, 2012 at 9:02 pm
@WARREN MOSLER, Warren, you were invited with all the other MMTers. You declined. Why? Paolo
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WARREN MOSLER Reply:
March 2nd, 2012 at 8:23 am
First, congrats on a job well done!
Second, let’s discuss in private.
February 28th, 2012 at 3:26 pm
yes nice work, would be interesting to know if any notable persons of significant political power attended, and their thoughts. \
and yes video pr podcast please
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February 28th, 2012 at 5:29 pm
The Enda Game.
“Ireland will be the first country in the eurozone to give a democratic verdict on the German-backed rules for the single currency after Dublin announced it would hold a referendum on the treaty.”
http://www.guardian.co.uk/business/2012/feb/28/irish-referendum-eurozone-fiscal-compact
There is a significant chance that one of the minority anti-EU parties can start using arguments based on MMT/Functional Finance to argue against approving additional and persistent austerity measures contained in the “fiscal compact” and surrendering another piece of Irish sovereignty. This referendum may also offer means to reject the “pain for no gain” policy already implemented in Ireland.
There may be a tremendous opportunity to inject Functional Finance to mainstream debate in English-speaking media.
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Gary Reply:
February 28th, 2012 at 7:09 pm
@Adam (ak),
“With Greek bondholders agreeing to take heavy losses as part of its latest bailout, speculation has been mounting over whether Portugal or Ireland could also restructure their debts.”
Just what Warren said.
What ever happened to Greek referendum?
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Gary Reply:
February 29th, 2012 at 12:51 am
Here Irish prime minister says that private sector involvement in debt reduction is unique to Greece
http://www.reuters.com/video/2012/01/12/irish-pm-psi-unique-to-greece?videoId=228461797
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WARREN MOSLER Reply:
February 29th, 2012 at 9:22 am
that and $20 will get you a cup of coffee, if you’re quick…
Gary Reply:
February 29th, 2012 at 10:52 am
@WARREN MOSLER,
still, I think this means that they (politicians, bankers) must have agreed that Greece will be the exception. So they will probably try to enforce the agreement.
WARREN MOSLER Reply:
February 29th, 2012 at 9:21 am
back in the old days some senator would take a stab at it?
;)
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