It’s Wednesday and my blog-lite day or so it seems. Today I briefly discuss the proposition that the British government can run short of sterling. It cannot unless it chooses to do so. And the basis for choosing to do so would be deeply irrational and irresponsible, when judged from the perspective of advancing the well-being of the citizens. I also reflect on the vested interests in the financial markets and the way they get platforms in the media and policy making circles to advance their sectional interests (profit). And mostly, we just have a 33 minute musical feast to reflect upon....Bill Mitchell – billy blog
The British Chancellor cannot run short of sterling unless he chooses to do so
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
“ Why do journalists go to university and get degrees when they mostly just act as press release summarisers for lobby groups?”
ReplyDeleteYeah all universities are the same and use the same methodologies…
Yo, they are just believing and supporting the guy’s thesis… textbook Socrates 101…
University is where they learn to write at a high school level.
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