John Doyle
Sep 4, 2018 · 1 min read

Not sure about this Matrix thingy. Your virtual loaf of bread actually has to provide you with nutrition and the wheat it was made with comes from a farm maybe 100/1000 kilometres away. No computer has that much scope to imagine every drop of rain and every breeze. But as a symbol it can work.

So lets rethink it. It’s not necessary to have even such an idea. We already have the mind bending media and oligarch directed society. Combating that doesn’t require a Matrix to more likely divert us from real action.

I write at every opportunity about MMT[Modern Monetary Theory]. because it destroys the economic myths that are used to accept what is unacceptable about the economy we live in. The myth is that benefits for the majority of the population are unaffordable, because tax is insufficient but also we should cut tax for the wealthy, so benefits can trickle down to everyone. Totally untrue!

Not a dime of federal taxes gets used as revenue. And taxes cannot fund government spending as you have to spend first in order to find out your tax liability. Such obvious flaws get swept aside. I won’t here keep explaining ,but reders should look to Warren Mosler and Stephanie Kelton.

The point is that when we know the truth we will not let the guilty off the hook. So when some politician says theres limited money for welfare etc we can call them out. But unless we do learn, we will never call the politicians out and they will continue to snow us.