Dude’s an ultra
Bonus: https://nitter.net/uncle_authority/status/1721967810241335347#m
I guess the Deprogram guys are the Three Stooges now? But the joke doesn’t really work
You do it by doing systems of linear equations of input output tables, leontiev style.
The ruble was short hand as was dual circulation systems because they couldn’t precisely calculate the whole economy. They did giant interindustry ones, and smaller at the local scale but then it all have gone out of the window. On the level of single factory its a trivial matrix multiplication.
The plan was first, the ruble was whatever it haas to be.
MMT answer would be to hose with roubles needed insdustries and take in taxes surplus to stop inflation, where on earth that relationship was used in ussr
I am seriously scratching my head over this one, because it doesn’t relate to what I am saying?
How does input output used for planning negates the need for a financial system? How are socialist enterprises and organizations going to settle payments among one another, and with the State Bank? How do socialist enterprises pay their workers wages? How do the Soviet citizens pay for services?
The problem is not so much how to plan the economy, but how are you going to finance the economy.
MMT answer would be to hose with roubles needed insdustries and take in taxes surplus to stop inflation, where on earth that relationship was used in ussr
?? I literally just described how it works in my post above.
