Tuesday, October 1, 2024

Modern Monetary Theory film proves finding the cash isn't the problem — William Thomson

As we have been writing for over a year in this newsletter, the UK Government, as the issuer of the UK pound, can never run out of money. They can afford whatever is priced in pounds. There is never a problem finding the money. This leads to a natural and painful conclusion: Continuing austerity policies is a political choice....
The National (Scotland)

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