coachrobbo @coachrobbo.bsky.social · 29/09/2026👇🏻🧵💯 Good evidence to indicate rate rises may actually be inflationary. 000
coachrobbo @coachrobbo.bsky.social · 29/09/2026Correct. Which, wait for it, is inflationary. Rate rises are welfare for people who already HAVE money. 120
coachrobbo @coachrobbo.bsky.social · 29/09/2026MMT Job guarantee better. Federally funded, locally designed/administered job for anybody who wants one at a living wage. Price anchor and automatic stabiliser. gimms.org.uk/job-guarantee/gimms.org.ukJob Guarantee - The Gower Initiative for Modern Money StudiesAn institutional vehicle, nationally funded and locally administered that provides socially beneficial work at a living wage and an income floor for the economy as a whole. 100
coachrobbo @coachrobbo.bsky.social · 29/09/2026Correct. Reducing disposable income doesn’t help distribution issue caused by supply side shortage. There’s less of a limited resource (energy) to go around. Who takes brunt of the reduction in usage? The wealthy? Rationing is required to avoid supply side price spiral. 011
coachrobbo @coachrobbo.bsky.social · 29/09/2026Neither address the cause. It’s a distribution issue due to a supply side shortage. There’s less of a limited resource (energy) to go around. Who’s going to take the brunt of the reduction in supply/usage? Rationing is required to avoid supply side price spiral. 011
coachrobbo @coachrobbo.bsky.social · 29/09/2026Tim Wilson doesn’t understand how money works. A currency issuing government doesn’t save money. It issues and deletes it. 053
coachrobbo @coachrobbo.bsky.social · 26/09/2026“And then I found out, I DID have $1M. Which was nice.” 000
coachrobbo @coachrobbo.bsky.social · 19/09/2026And while they’re at it set interest rates at near zero. Stop paying money to people who hoard money. And before people cry “but inflation!” Interest rates have ZERO impact on cost of energy or price setting power of supermarkets. They just give more money to people who already have it. 000
coachrobbo @coachrobbo.bsky.social · 19/09/2026Good gracious when is this “debt” myth going to die. The Aus. Gov ISSUES $ it doesn’t borrow them. Every AU$ in existence came from the Aus. Gov! 🤦🏻♂️ As for bonds, the Reserve Bank could buy them all up Monday morning and not issue any more (as can the Fed, BoE etc.) They’re not needed. 010
coachrobbo @coachrobbo.bsky.social · 16/09/2026Sports-rorts? Hold my 🍺! This 👇🏻is the gravy train. 000
coachrobbo @coachrobbo.bsky.social · 13/09/2026Culture wars mask/ distract from class war. Piers Morgan does the same thing when interview isn’t going his way. 091
coachrobbo @coachrobbo.bsky.social · 22/08/2026Taxes do not fund government spending of currency issuing governments. (Opposite actually) They are about dis/encouraging how real resources are distributed (or hoarded) in the economy. And creating demand for the currency. 100
coachrobbo @coachrobbo.bsky.social · 18/08/2026Superannuation was privatisation of public pension system. Wage suppression tactic for most, tax concessions for a few. Handed colossal amounts of money to the financial sector increasing their power and influence. Unnecessary middle-persons multiplied. 😒 000
coachrobbo @coachrobbo.bsky.social · 17/08/2026The gift that keeps giving 🤦🏻♂️ (Not in a good way)😒 020
coachrobbo @coachrobbo.bsky.social · 11/08/2026Can we get little bird masks too? That would take it over the top. 010
coachrobbo @coachrobbo.bsky.social · 10/08/2026Steve Keen has opined many times, since its inception there is no macroscopic evidence the productivity commission has done anything to improve productivity. 010
coachrobbo @coachrobbo.bsky.social · 07/08/2026Currency issuing governments don’t tax to spend. “Taxpayer dollar” myth is a pernicious lie to ideologically constrain governments and reduce their power to act in public interest. Companies (and individuals) should be taxed/fined/levied/regulated/etc. so they have less wealth and hence less power. 010
coachrobbo @coachrobbo.bsky.social · 17/07/2026They don’t “find” AU$, the federal government is the currency issuer. They just ISSUE them. Let’s be clear, it’s a choice. 000
coachrobbo @coachrobbo.bsky.social · 13/07/2026Preach sistah! 👏🏻 A thinly disguised attack on civil rights, freedom of expression, protest etc. 000
coachrobbo @coachrobbo.bsky.social · 12/07/2026👇🏻💯 The 000 emergency function doesn’t make a 10% return. Neoliberal privatisation i.e. privatisation with no accountability, this is inevitable. 000
coachrobbo @coachrobbo.bsky.social · 11/07/2026The framing is so false. Currency issuing government cannot, and does not need to, “save” its own currency. Does a score keeper at the footy not issue all the points in one game in case they run out? It’s just plain ridiculous. Not funding programs is a political choice ONLY. 🤦🏻♂️ 020
