same!
Kieselguhr
joined 3 years ago
Theoretically a city can issue a scrip....
but a city is much more constrained by real resources than a whole country, and there's basically no chance that anyone outside the city would accept the city's scrip
In a small experiment it's doable, like paying municipal workers extra scrip and accepting municipal taxes in said scrip so local merchants would maybe accept it
The two main issues are: real resource constraints and another more valuable legal tender (the actual fiat money of the whole country) would be "competing" with the scrip
MMT is descriptive while functional finance is closer to a policy
You need a sovereign country to do functional finance — a city by definition is not sovereign
key points to MMT
Fiat money is infinite
but real resources are finite
Taxes create a demand for fiat money
and you need functional state power to collect taxes (like very serious consequences for tax dodging [billionaires are excluded of course hehehe])
Yeah, BUT when so called "Marxists" like Zizek have absolutely dogshit takes about geopolitics I take any sensible talking head I can get.
I'm fine with listening to a 30 minute interview with these people (Sachs, Mearsheimer, The Duran et al.) every other week to counterbalance the consistent pro-NATO propaganda bombardment.
Wow. The rehabilitation of "ex-nazis" in alt-media "multipolarity" space is deeply disturbing...
But his take on the war in Ukraine is actually pretty sensible
Forget Taxes for Redistribution
Hyperinflation! The Libertarian Fantasy That Never Occurs
How to Talk About Debt and Deficits: Don’t Think of an Elephant
Taxation, Government Spending, the National Debt and MMT
Taxpayers do not fund anything
Printing money does not cause inflation
YT: Michael Hudson: Money & Debt
Money multiplier and other myths
Letter to a Seventh Grader (and also to the Director of the Congressional Budget Office)
It Is Impossible For The US To Default
Boondoggling and leaf-raking …
The Sector Financial Balances Model of Aggregate Demand and Austerity
it's a sin on Hexbear
It's not a sin per se, just an infantile disorder 
This is the front page of the largest liberal news site:
"Good morning, Russia"
I wonder how many of the liberal news sites got money from the West, and this new law obviously puts them in a very difficult position...
Hungary is doing its own version of Foreign Agents Registration Act similar to Georgia (and the US)
Hungary's Fidesz government has proposed a law targeting organizations deemed threats to national sovereignty, primarily those receiving foreign funding and critical of the government. These groups could face financial restrictions, mandatory asset declarations, and increased scrutiny. The government argues this protects Hungary from foreign interference, while critics fear it will stifle dissent and civil society.
The law empowers the Sovereignty Protection Office to blacklist organizations, triggering penalties like loss of tax donation eligibility and stricter oversight of foreign funding. A broad definition of "threats to sovereignty" raises concerns about targeting groups advocating for human rights or environmental protection. Banks will monitor listed organizations' accounts, and the tax authority can suspend funds or demand their return. Critics compare the law to similar measures in Russia, fearing it will restrict freedom of expression and association. The law underscores tensions between national sovereignty and democratic liberties.
Tank movements are Fake
We've seen like two tanks on a street? Where are they, and where are they heading?
The footage might be real, but the narrative around it: "Hungary is actively working towards the potential invasion of Transcarpathia" that's 100% part of the espionage game that became public last week
give the opposition a Push
Every opposition party in Hungary is pro-Nato basically, so yes, Ukraine doesn't want the Hungarians to impede the EU in giving billions to Ukraine
there is never much in Media about Military movements
No, it's just strange because this is very much in the news cycle right now, the opposition leader is saying Orban secretly wants war with Ukraine, and Orban's party accusing the opposition leader to be an inside man for both the EU and the Ukrainian secret service
Like this is very much the top story right now this espionage angle, but then this espionage angle is about whether the Hungarian state did any preparations in order to invade Transcarpathia, so I'm pretty sure the Hungarian liberal/opposition media would jump on the fact that the Hungarian army is doing anything out of the ordinary at the border. (And they did cover the drone being shot down)
And the sources you've posted is a noname twitter handle, who retweeted an Ukrainian OSINT tweet and a Greek newspaper. For all we know the original Ukrainian OSINT tweet is actually the Ukrainian secret service planting the story themselves
edit:
I've opened the link again, and the source is not OSINT but Euromaidan itself. Before I was like 20% sure it was a planted story by the SBU, now I'm more like 90%
So there's nothing about this in Hungarian media, and the Hungarian liberals are very keen to prove that Orban wants war against Ukraine. With that said with the current scandal I wouldn't be surprised if they sent a couple of tanks to the Ukrainian border, hardly a massive military presence though. Any state would be idiotic not to deploy additional forces to its border with a nation currently at war.
There was an air force military exercise happening lately, and there was this:
However, there is a unanimous opinion that what is happening is part of a months-long intelligence game, parts of which have already become public. Our sources also attribute to this same game the incident that happened last week but was not publicized: the Hungarian Defense Forces' radar in Tokaj detected drones flying into Hungary, one of which was shot down. The Hungarians suspect that the drones came from Ukraine.
and this:
However, our sources maintain that a Ukrainian intelligence operation did indeed occur, and after Hungarian national security agencies leaked this information, the Ukrainian services began to feel the pressure. We understand that they have mobilized significant resources to uncover the sources who are providing information to the Hungarian services.
Given that Hungarian counterintelligence has also been extremely active against Ukrainian intelligence recently, our sources do not rule out the possibility that the Ukrainians carried out a so-called "preemptive strike" with Friday's announcement, meaning they struck first. The operation appears pre-planned and well-coordinated, as our information suggests that when the Hungarian leadership was informed about it on Friday morning, the international media had already sent them questions.
Considering that in these kinds of intelligence games, both sides, Ukrainian and Hungarian, may have an interest in discrediting the other or engaging in disinformation, these stories are particularly susceptible to requiring a high degree of skepticism when evaluating information. However, it is clear that there is serious tension between the services of the two countries, and in recent times, more Ukrainian intelligence officers than before have been detected in Hungary. "There will likely be a response to the Ukrainians' recent move," our sources said.
the main achievement of the neoliberal counter-revolution