🤞

The phrase “complementary currency” suggests a binary with official currency that is descriptively wrong. The dollar is already a hybrid of credit forms, created and retired through different institutions, tied to different obligations, and coordinated through public design. 1/

Then I got really lucky hehe. We can turn the screw again to think about how the historiographer/author/eye is an infrastructural achievement with its own history rather than an outside or purely immanent position as it is often romanticized

history is unfixed; reactivating the archive - even from absence, or destruction, or silence (so many archives are hollows/negative spaces/chiaroscuro to begin with) - is always possible: the animating force is the speaking/compositing eye of the historiographer, i.e. narrative (or apophenia).

It’s more like history’s backstage

There is no dustbin of history. For better and for worse, archives can always be reactivated in new combinations

talking about it as a commodity. Neutral - this is monetary silencing.

So glad we have an experiment to tell us that we can raise the minimum wage. What a relief. @moneyontheleft.bsky.social has monetary experiments ready to go and many scales.

Cohosts Natalie Smith and Will Beaman discuss mutual aid, highlighting the potentials of its often neglected monetary and linguistic dimensions.

“Money is … treated either as a false identity or as a site of identity’s failure. I want to start from a different premise.”

Establishing a public bank that regularly purchases municipal debt would not only significantly expand a city’s fiscal capacity to support its communities and environs, but also reclaim regional public finance from a parasitical and punishing bond market.

Check out our virtual pamphlet!

We recount the events surrounding Elon Musk & the DOGE boys’ unconstitutional takeover of the Treasury’s Bureau of Fiscal Service, while explicating the right-wing theory of the “unitary executive” that underwrites such actions.

Defending the CFPB

Thanks for reading!! The other motive here is displacing the profit and tax revenue financing mechanisms in the first place, to enable direct money creation rooted in real capacities. It’s a “non-reformist reform” in that other sense too!

Why would you trust orthodox economists? None predicted the GFC and there explanations for economic activity are rooted in Newtonian physics. So much so money is not even defined or indexed in their textbooks. It is conservative pseudo science with historical links to fascism & white supremacy

Become the Loop

“Capitalization remains a necessary legal and institutional procedure in this arrangement, but it no longer serves as the first conceptual question or the primary political bottleneck.”

“Under the usual bond-market model, public investment is judged through the willingness of private investors to hold municipal debt at a given yield. The Loop points in a different direction.”

There is a way to radically loosen Wall Street's grip on cities' finances—if we are bold enough to envision and organize for it. @greenbackbetter.bsky.social of @moneyontheleft.bsky.social helps us envision an alternative way to "rate" public bonds.

Seattle, welcome to the Fellowship of the Loop. It’s going to be quite a journey.

"We view the city’s central public bank as a foundational infrastructure that allows labor unions, housing advocates, and arts and culture coalitions to fashion their own distinct loops according to unique needs."

Inevitable automation meets the terrors of unemployment: the Toy Story franchise is back.

When I looked at Bluesky this morning there were posts about a new book in law and culture or law and humanities and I thought I bookmarked it but apparently not. Did anyone else see a new book on law and culture (I think edited)?

Attention Film Studies folx: in our new essay, we also offer a critical reading of Hans Richter’s experimental short film, Inflation (1928).

In addition to arguing that “inflation” is a deeply misleading term, we model a practice of reading modernist texts that draws out money’s contestability as a capacious public medium of provisioning across all spheres of collective life, past & present.

My latest roundup of reported activity by Florida’s union busters and the employers in Florida that hire them: caringclassrevolt.substack.com/p/busted-wha...

1. In a landmark ruling, the Montana Supreme Court has declared that the constitution, one of the most progressive in the nation, entirely protects transgender people. The ruling is even insulated from SCOTUS decisions, due to how state constitutions work. Subscribe to support our journalism.

We can and should be doing this. If it makes investment bankers quiver with fear, we’re on to something.

The legal system is designed to make money appear private, scarce & bound to so-called “market forces.” Yet the Seattle Loop reveals that money is public, inexhaustible & always open to democratic innovation.

If we read these as messages about the quality of provisioned work and social infrastructure, rather than as “false claims” about employment rates or the price of some basket of goods, then the issues Will Stancil raises can be put in dialogue with other issues. We deserve better social media too!

The issue is “the economy” isn’t really a separate sphere—It’s a lived arrangement of work, infrastructure, media, and public life that shapes dignity, belonging, etc. People are often reacting to that arrangement, even when conventional economic language and indicators cannot show this.

👏👏👏

Officials understand the need for public banking, but are they willing to fight tooth and nail to achieve it?

Reparative Internationalism

How stupid does the Times think its readers are? How about some more honest headlines: “Corporate America Beats War Inflation by Inflating Prices” “Firms Passing War Costs to Workers & Consumers” “Raising Prices Raises Prices”

OMG too real biblioracle.substack.com/p/an-unserio...

"House Democrats will introduce five articles of impeachment against Defense Secretary Pete Hegseth on Wednesday accusing him of abuse of power, war crimes and other serious wrongdoing." www.axios.com/2026/04/15/i...

Post a pic of yourself as a doctor

🐬➰🐬 Tax and spend is old news. Credit expansion and interest capture is the hot new thing.

"Magyar noted that his government will be investigating Orbán’s expenditures, and will no longer finance CPAC or other right-wing institutions abroad." nice newrepublic.com/post/209035/...

How do these moves look in practice? I’m glad you asked: moneyontheleft.org/2026/04/09/t...

A lot of critical reading begins with a posited structure, mechanism, or identity that presents itself as settled, necessary, self-grounding, or complete. 1/

“…a fiscal strategy that utilizes municipal banking to purchase city debt, “looping” interest payments back into public provisions like social housing and green jobs.” moneyontheleft.org/2026/02/22/r...

Well ain’t that somethin’

The left often operates within this framework, trying to minimize “work” rather than reshape it as a participatory infrastructure of worldmaking and recognition. Inclusion is only a thing in the musical chairs sense, not a planning and worldmaking sense. Or if it is worldmaking it’s not economic.