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The Smart Bunny's Guide to Debt, Deficit and Austerity (The Smart Bunny's Guides Book 1) by [Bunny, Arliss]
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The Smart Bunny's Guide to Debt, Deficit and Austerity (The Smart Bunny's Guides Book 1) Kindle Edition

4.7 out of 5 stars 18 customer reviews

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Length: 48 pages Word Wise: Enabled Enhanced Typesetting: Enabled
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Product Details

  • File Size: 1982 KB
  • Print Length: 48 pages
  • Publication Date: June 18, 2013
  • Sold by: Amazon Digital Services LLC
  • Language: English
  • ASIN: B00DHSL556
  • Text-to-Speech: Enabled
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  • Word Wise: Enabled
  • Lending: Not Enabled
  • Enhanced Typesetting: Enabled
  • Amazon Best Sellers Rank: #320,774 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Top Customer Reviews

One of the most important parts of the collective effort to spread the good news about the Modern Money Theory approach to macroeconomics is popularization of MMT views. We need short simply-stated cultural artifacts that tell people what MMT has to say and what some of its policy implications are for fiscal policy that can deliver a greater measure of economic and social justice to people.

The newest effort to popularize MMT has now begun. It is a series of Kindle e-books, really e-pamphlets, written by an occasional blogger and international businesswoman using the web handle Arliss Bunny. Yeah, I know, I know. Please contain your enthusiasm for silly jokes about the handle. Just remember how you felt the first time you ran across a Dummies book.

Arliss is very serious about communicating key insights to people who need to know about MMT, and she is doing that using humor, a vigorous style, simple assertive statements, and utter contempt for those who want to keep people in thrall to false narratives about the macroeconomy and Government fiscal policy. Her first e-book in the series, THE SMART BUNNY'S GUIDE TO DEBT, DEFICIT, and AUSTERITY is low cost and you'll get some good laughs out of it, effective sound bites, and some new ways of putting MMT propositions you haven't seen before.
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This e-book is a very entertaining and quick read. It makes the basic concepts of MMT(Modern Monetary Theory) very easy to understand by explaining the concepts of debt, deficit, and austerity using a humorous real world style. It succeeded in convincing me that all the fear and hype over "debt ceilings", "fiscal cliffs", and "exploding deficits" is just that hype. This e-booklet should be required reading in every college or university Economics Department in the country, not to mention in the halls of Congress. It shows how the old gold standard thinking that is so common in our government and among the media talking heads is irrelevant for a country, like the US, that has a fiat currency.

For anyone who has an interest in understanding the political and economic issues of today and the government policies that derive from them it is a must read. Be warned though, if you are an ultra-conservative deficit hawk or a devotee of the Pete Peterson/Koch Brothers philosophy of austerity, it may make your head explode. I can't wait for the author's next installment dealing the FED and government policy.
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A shocking number of people do not understand the basics of macroeconomics, how our economy actually works and how dangerous it is to impose austerity in America. Our economic problems can be easily solved and this book really helps average Americans understand the simple concepts of the economic reality we have been living under since the end of the gold standard.
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I'm someone who had some economic classes (even one in money and banking) in college but never in my life would I expect to pick up a book on current economic issues. Doesn't the news cover the important points for us? Not even close. I read this on the recommendation of a friend and was shocked to find out that I completely misunderstood money at the federal level. Clearly, so do the vast majority of legislators and political pundits...or at least they play to the ignorance of the American people, rather than trying to educate. Granted, this bunny has a rather liberal bent, which might make for some cringing by conservatives reading it, but the information is invaluable and so important. Almost as important is that even Joe the Plumber could understand the concepts as they are laid out in this book. Who knew bunnies were so smart?
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Very brief layman's guide to modern monetary theory (MMT). The world of fiat currency vs old fashioned Gold standard "checkbook" economy thinking. Arliss explains the former and notes how most mainstream economists and conservative & centrist politicians are mired in the thinking of the latter, to the great detriment of nearly everyone. I very much look forward to her next book.
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Arliss Bunny takes us off the rabbit trails and thumps the hare-brained economic preachings we've been exposed to for too long. The economy can be made to work for us if we would just recognize that it is not the financial tar-baby that we keep hearing from the Congress, the media, and even most economists. Bunny artfully explains why and how. Americans should be all ears to what Bunny has to tell here.
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Much needed clear introduction to the way our money system really works (or should, if more people understood it). My main take-away is that taxes are not really about funding spending. Their true function in a fiat (sovereign) money economy is to prevent the accumulation and stagnation of money at the top income levels, and its resulting skewing of the economy to provide more things only a few can afford (luxury stuff but also health care, etc.). Judicious taxation forces money to circulate and become available for us ordinary folks to earn. The illustrations are fun and make it easier for non-economic thinkers to follow, and there are plenty of links if you want to dig deeper.
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