Excellent summary of basic MMT principles with specific reference to British institutions and policy.
The New StatesmanWhy the British state is a magic money tree
Josh Ryan-Collins is an associate professor in economics and finance at the UCL Institute for Innovation and Public Purpose
3 comments:
BOE has much better regulatory policies than Fed…
BoE does as it is told by HM Treasury - as required by law.
Here's the underlying paper UCL has published.
"The Self Financing State"
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