Ann Pettifore — Is there no such thing as public money, only taxpayers money, as PM asserts? Was £375bn of QE raised from taxpayers?

Lump of money fallacy.

We disagree with the ‘there is no money’ mantra. Within a sound financial and monetary system, there need never be a shortage of money to meet society’s needs. There may be limited resources, and limited brainpower but there need never be a shortage of money. In this briefing I set out to explain why.....

Debtonation
Is there no such thing as public money, only taxpayers money, as PM asserts? Was £375bn of QE raised from taxpayers?

Ann Pettifore

Also put up by Ann today:

Eurozone QE: Better ways to boost the economy and employment

New Publication on Islamic Finance