tag:blogger.com,1999:blog-2761684730989137546.post5919190350435822211..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Felicity Lawrence: Who will pay for the UK’s multi-billion corporate tax grab? We all willmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2761684730989137546.post-32941162100740971872017-05-28T14:06:32.324-04:002017-05-28T14:06:32.324-04:00Speaking of MMT, if we wish to maximize the amount...Speaking of MMT, if we wish to maximize the amount the monetary sovereign may spend for a given amount of price inflation, shouldn't we maximize the demand for fiat by allowing the non-bank private sector to use it? And not just limit its use, except for grubby, unsafe, inconvenient physical fiat, a.k.a. "cash", to depository institutions, a.k.a. "the banks", in the private sector?<br /><br />So what's more important to some prominent MMT proponents? Preserving privileges for the banks or maximizing inflation-free spending space for the monetary sovereign?<br /><br />I anticipate the argument that the artificial lowering of interest rates via privileges for the banks can produce real productivity increases that lower the cost of living. Yes, perhaps, but interest rates can be lowered by ethical means such as equal fiat distributions to all citizens so even that excuse for injustice fails. <br />Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-11248041968716571262017-05-28T07:17:50.655-04:002017-05-28T07:17:50.655-04:00I had made a mistake when Yanis Varoufakis argued ...<i> I had made a mistake when Yanis Varoufakis argued that we should have stayed in and tried to change the EU from within. I really like Yanis Varoufakis.</i><br /><br />you can't go wrong if you do the contrary this man says. He impersonates all that is wrong with mainstream lefties nowadays, dangerous/naive ignorance and wishful thinking.Ignaciohttps://www.blogger.com/profile/16082008115484199316noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-42588337608035753412017-05-28T04:40:46.877-04:002017-05-28T04:40:46.877-04:00Does this mean that Brexit was a very good thing? ...Does this mean that Brexit was a very good thing? Out of all the arguments made for Brexit, could this be the best one? <br /><br />I voted for Brexit because the MMTers's, and many others, like Mark Blyth, put up good arguments for it. But my friends really disliked me for it. But I started to believe that maybe I had made a mistake when Yanis Varoufakis argued that we should have stayed in and tried to change the EU from within. I really like Yanis Varoufakis.<br /><br />I fell further out of line with my friends when I said I hated Hilary and would prefer Trump to win. My arguments that he was the peace candidate didn't wash with then. Now he's captured by the hidden government. <br /><br />My friends felt I had moved to to the right, but I hadn't. I'm a Corbyn guy, I'm more radical than they are. Kaiveyhttps://www.blogger.com/profile/04195639305785321786noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-46841106082338405082017-05-28T03:43:11.229-04:002017-05-28T03:43:11.229-04:00The UK government can, if it wishes, simply pass a...The UK government can, if it wishes, simply pass a rider law on the 1972 European Communities Act stating that no such sums are to be repaid since they will be reclaimed after Brexit. <br /><br />This piece is a journalist getting excited over nothing. <br /><br /><br />NeilWhttps://www.blogger.com/profile/11565959939525324309noreply@blogger.com