#DoubleEntry

Libertarians + MMT (Modern Monetary Theory)

@libertarian-mmt.bsky.social

2 months ago

Modernizing the Bank of Canada’s Monetary Policy is the Single Most Important Thing We Can do to fix Canada's Economy William White’s Predicted the Global Financial crisis when no other central bankers saw it coming. He's said the next crisis could be worse.

".... For the government and banks, the basic legal process of creating money is the same - with a contract that creates new money with legal conditions for how it is to be used, and for how the contract is to be fulfilled...."

#MoneyCreation #DoubleEntry

dougaldlamont.substack.com/p/modernizin...

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Libertarians + MMT (Modern Monetary Theory)

@libertarian-mmt.bsky.social

2 months ago

Keen’s Law Steve Keen wrote this on Substack yesterday: YouTube popped a video into my feed of Niall Ferguson (the author of The Ascent of Money: a financial history of the world) being interviewed on the TRIGGE...

".... unless you get double-entry, you cannot understand money or the economy. It really is that straightforward...."
#DoubleEntry #MoneyCreation #Debt #Money

www.taxresearch.org.uk/Blog/2026/01...

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Swink Bookkeeping

@swinkbookkeeping.bsky.social

2 months ago

Debits and Credits got you mixed up? 😵‍💫

✅ Here's a fun little guide to keep you on track!

👉 Got questions about how this applies to your business? Drop a comment or DM me!

#DebitsAndCredits #BookkeepingBasics #DoubleEntry #FinancialLiteracy #SmallBizFinance #EntrepreneurTips #bookkeeping

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BritMilfs Video Production

@britmilfs.bsky.social

3 months ago

www.manyvids.com/Video/250356... #anal #doubleentry #dildofucking #assfucked #glassdildo #englishmilf #britishmilf #bigass #bigarse #bigarsemilf #sluttymilf #slutmilf #UKPorn #BritPorn #BritMilfs #Manyvids

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Darren Quinn

@ausmmt.bsky.social

7 months ago

The Accounting Reality: Balance Sheet Proof of MMT's Trade Insights Throughout this series, we've discussed MMT's multi-level approach to international trade, addressed theoretical critiques, and examined the policy implications of this framework.

Complex #DoubleEntry #accounting shows that exports are a real cost because resources are sent abroad, while imports provide real benefit. Exporting primarily finances needed imports.
#MMT #Economics #Trade #Policy #BalanceSheet

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Vox 🇺🇲

@voxrox.bsky.social

9 months ago

#StoneworkSunday
#Malachite #Stone #Doors in #Mexico, quarried from Russia's Ural Mountains.
#Chapultelpec
#Castle
#DoubleEntry
#Historic
#Treasure

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AccountingCPD

@accountingcpd.bsky.social

9 months ago

A Brief History Of Accounting YouTube video by accountingcpd

From Mesopotamian clay tablets to Excel formulas, the history of accounting spans continents and civilisations.

youtu.be/-cksj60qjrI

#AccountingHistory #Accounting #CPD #Accountants #LucaPacioli #DoubleEntry #Finance #Accounting #Accountancy #Accountant #History

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Goldie Wang

@goldie-wang.bsky.social

9 months ago

You land a freelance project worth $10,000.
The client pays $1,000 upfront.

🧾 Regular bookkeeping:
→ Records $1,000 as income.

But is it really income yet?
Not quite — the project could change or get canceled.
(Thread 👇)

#bookkeeping #freelancelife #doubleentry #accounting

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Nathan Becker

@netbacker.bsky.social

9 months ago

How? With that #DoubleEntry magic! ✨
When a bank approves your loan:
➡️ Bank's Assets go UP (the loan you owe them) ↑
➡️ Bank's Liabilities go UP (the money in your account) ↑
It balances! And poof new money exists. 🏦➡️👤💸

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Goldie Wang

@goldie-wang.bsky.social

10 months ago

Got a $2,000 deposit refund after moving out?
It’s not income—it’s your own money returning.
In #DoubleEntry:
💰 Cash +$2,000
📉 Security Deposit –$2,000
➡️ Asset swap, not a gain.
How would you record it?

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Goldie Wang

@goldie-wang.bsky.social

10 months ago

Sold something for $1,000 on an e-commerce platform,
but the payout takes 7 days?
📒 Simple bookkeeping: does nothing.
📒 Double-entry bookkeeping:
$1,000 in assets (accounts receivable)
$1,000 in income (sales)
✅ You won’t forget there’s money on the way.

#DoubleEntry

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Goldie Wang

@goldie-wang.bsky.social

10 months ago

📘 Regular bookkeeping:
➖ Expense $5,000 / Income $5,000 ❌

📗 Double-entry bookkeeping:
✔️ Decrease liability (credit card) $5,000
✔️ Increase liability (mortgage) $5,000

Track your money flow, not just cash flow. 💼🔄

#DoubleEntry #Bookkeeping #PersonalFinance