Monday, June 8, 2020

The scale of the economic crisis about to hit us is almost unimaginable — Richard Murphy

The scale of the economic crisis about to hit us is almost unimaginable, and if the government believes that it will face a shortage of cash when tackling it then the consequences will be of any recognisable scale.
There is a moment for any idea. This is that moment for modern monetary theory. An understanding of it is going to be vital to the survival of our society, and that of many others....
Tax Research UK
The scale of the economic crisis about to hit us is almost unimaginable
Richard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum

2 comments:

Matt Franko said...

Guy sounds bearish...

Peter Pan said...

Better than sounding like you're full of bull...