An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Wednesday, November 7, 2018
Bill Mitchell — Corbyn more scary than Brexit
Funny (and sad) satirical post from Bill today.
I have concluded that the "debate" has now degenerated to the point it is now longer worth the time to keep up and comment. Bill's post captures the essence of it regarding MMT but this syndrome has also affected almost all other areas of interest.
The crazy is now the "reality."
Bill Mitchell – billy blog
Corbyn more scary than Brexit
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
: “settlements for cross-border transactions are often in local currencies, because the exporter desires local currencies to reduce risk exposure“
ReplyDeleteI think he may have lost the plot here...