Robert Hockett
Paying for the #GreenNewDeal#Thread 9
— Paying for the Green New Deal (@payforgnd) January 22, 2020
Transforming Investment, pt. 2
Robert Hockett @rch371
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It's a #GreenNewDeal now or a Pirate Planet later. pic.twitter.com/6Yh9pH6tOI
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— Paying for the Green New Deal (@payforgnd) January 22, 2020
On the importance of colorful storytelling, and why Prof. Hockett says "inflation is a relation" pic.twitter.com/IwBVEsdZfe
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— Paying for the Green New Deal (@payforgnd) January 22, 2020
How to replace a bullshit slogan with a less-bullshitty slogan pic.twitter.com/pARqeMbaXL
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— Paying for the Green New Deal (@payforgnd) January 22, 2020
Imagine, on Pirate Planet, creating a money system from scratch. We’d have two fundamental goals in managing such a system: modulation and allocation. These goals are deeply interlinked, even though they can also be distinguished from one another. pic.twitter.com/dUqLC3eWYE
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— Paying for the Green New Deal (@payforgnd) January 22, 2020
Modulating and allocating money are practically joined at the hip. Because in order properly to modulate our money, we have to allocate it properly. pic.twitter.com/Mtea1hZp9u
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— Paying for the Green New Deal (@payforgnd) January 22, 2020
Advice for Pirate Planet: there is more than one systemically important price! pic.twitter.com/YLTHqmCWED
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— Paying for the Green New Deal (@payforgnd) January 22, 2020
The price of renting money is systemically important, so the government targets interest rates. QE3 recognized the price of housing is also systemically important. And how about the price of food? And the price of labor? pic.twitter.com/0xJal0fdCy
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— Paying for the Green New Deal (@payforgnd) January 22, 2020
Systemically important prices - set by dysregulated “free” markets - have picked winners in a profoundly unsustainable and unjust way. #GreenNewDeal can improve how we modulate and allocate our public money. In 2020, we land on Pirate Planet - after the pirates have left. pic.twitter.com/5GVgBnFK8o
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— Paying for the Green New Deal (@payforgnd) January 22, 2020
For the full video: https://t.co/OkD4LNE18J
Transforming Investment, pt. 2
by Robert Hockett @rch371
start time: 7h:58m
Previous threads in this series: https://t.co/zS0wEljJfK
Please stay tuned for our next thread!