Pages

▼

Pages

▼
Monday, September 30, 2024

Class origins matter – but who are the agents of change? — Bill Mitchell

›
Not MMT or economics as such but it is interesting in that Bill is an MMT founder so his stance on economic sociology is relevant.  There wa...
1 comment:

The ball is now in Finance Ministry's court, Chinese economists say — Zichen Wang

›
Apparently many influential Chinese economists are old-style Keynesians. There is no indication that they understand the basic principle of ...
Saturday, September 21, 2024

How I came to MMT — Robert Cauneau

›
 The discovery of a monetary approach, which, in this case, not only relates to a field that I was not familiar with, but also constitutes a...
37 comments:
Friday, September 20, 2024

China shit market

›
  Commies dilute their productive capital with unproductive commie bullshit = 0… Here is a wild chart. The total return on Chinese stocks si...
21 comments:
Monday, September 16, 2024

The 20 EMU Member States are not currency issuers in the MMT sense — Bill Mitchell

›
For some years now (since the pandemic), I have been receiving E-mails from those interested in the Eurozone telling me that the analysis I ...
37 comments:
Sunday, September 15, 2024

(II) Xu Gao's case for Beijing to spend — Yuxuan JIA and BU, Xiaoqing

›
Xu Gao, the Chief Economist and Assistant President of Bank of China International Co. Ltd., and an adjunct professor of the National School...

Trump to roll out DeFi project this week

›
Looks like Trump going to start a crypto exchange and a USD stable coin… 🤔 . @WorldLibertyFi is helmed by @realdonaldtrump 's sons, @E...
26 comments:
Wednesday, September 11, 2024

Xu Gao's case for stimulus—Chief Economist of Bank of China International tears apart the opposition — Yuxuan JIA and BU, Xiaoqing

›
 MMT without naming it. Xu Gao, the Chief Economist and Assistant President of Bank of China International Co. Ltd., and an adjunct professo...
15 comments:
Tuesday, September 10, 2024

Wholesale Payments Systems and Bank Reserves — Brian Romanchuk

›
Some of the nity-gritty involving payments systems that underlies some institutional arrangement needed to understand MMT's analysis. Bo...
22 comments:

The Myth That the US is Rapidly Approaching Bankruptcy — Michael Hudson

›
 Yves Smith's introduction Yves here. It is frustrating to see a normally solid YouTuber almost go off the rails by getting outside his ...
4 comments:

Modern Monetary Theory: Economics for the 21st Century – MOOC – now available via MMTed.org — Bill Mitchell

›
I am travelling all day tomorrow so I am bringing forward the normal blog post to today. I am pleased to announce that from today the MMT MO...

Trump 3% Mortgage Policy

›
  Trump promising a return to 3% mortgages if he can get back in… He’ll have to tell his Central Bank to lower the policy rate down to at le...
Monday, September 9, 2024

Episode 5 of the Smith Family Manga (Season 2) is now available – the Finance Report hots up Bill Mitchell

›
Today (September 6, 2024), MMTed releases Episode 5 in the Second Season of our Manga series – The Smith Family and their Adventures with Mo...
Saturday, September 7, 2024

Short term interest rate characteristics…

›
Some concern by Monetarists out there that current short term risk free rate of interest compared to the average of a past period of the sho...
14 comments:
Thursday, August 29, 2024

Some debriefing on continuous fiscal deficits and debt issuance — Bill Mitchell

›
A government cannot run continuous fiscal deficits! Yes it can. How? You need to understand what a deficit is and how it arises to answer th...
14 comments:
Friday, August 23, 2024

Episode 4 of the Smith Family Manga (S2) is now available — Bill Mitchell

›
Today (August 23, 2024), MMTed releases Episode 4 in the Second Season of our Manga series – The Smith Family and their Adventures with Mone...
12 comments:
Sunday, August 18, 2024

Chartbook 310 The shock of the new: Dollar dominance and modern monetary macro in the 1920s. — Adam Tooze

›
Not MMT but relevant historically. How the world got here ((to dollar hegemony), as well as to monetarism, the accounting identity that is, ...
22 comments:
Friday, August 16, 2024

NDX100 EPS

›
  Something happened after the 2022 Biden unprecedented rate increases to really crush (-32%) the EPS of the NDX100… 🤔 With the implication...
Wednesday, August 14, 2024

An Economic program for Kamala that will benefit everyone, and win the Presidency in November! — John Rudden

›
MMT. Daily Kos An Economic program for Kamala that will benefit everyone, and win the Presidency in November!  John Rudden
2 comments:
Monday, August 12, 2024

Major macroeconomic policy reform is needed to reduce the reliance on monetary policy — Bill Mitchell

›
There is some commentary emerging that is finally starting to question the reliance on monetary policy (setting interest rates) as the prima...
3 comments:
Friday, August 9, 2024

Episode 3 of the Smith Family Manga (S2) is now available — Bill Mitchell

›
Today (August 9, 2024), MMTed releases Episode 3 in the Second Season of our Manga series – The Smith Family and their Adventures with Money...
Thursday, August 8, 2024

US labour force data provides no basis (yet) for recession panic — Bill Mitchell

›
The financial markets around the world have over the last week demonstrated, once again, that they are subject to wild swings in irrationali...
5 comments:
Monday, August 5, 2024

The Bank of England does not need a tiered reserve system for the Government to avoid austerity — Bill Mitchell

›
There is an interesting debate going on in the UK at present about the concept of tiered bank reserves. The concept is now being used by com...
30 comments:
Saturday, August 3, 2024

Trump: No tax on tips, no tax on Social Security

›
If he can get back in, would be substantial fiscal stimulus… Trump at least talking about economic proposals Dems just talking about all the...
3 comments:
Thursday, August 1, 2024

British Chancellor fails the basic test – language is meant to impart meaning — Bill Mitchell

›
Language is meant to bring meaning to discourse. That means we want to use terms that convey information that is of use to us in making our ...
7 comments:
Wednesday, July 31, 2024

Trump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench US Financial Hegemony — Whitney Webb

›
Where all this may be going is anyone's guess. Wherever, it looks like down the rabbit hole. The UK is "broke." The USD is bei...
1 comment:
Monday, July 29, 2024

MMT and international trade–some further considerations in a degrowth context— Bill Mitchell

›
One of the undercurrents at the recent UK MMT Conference in Leeds was the apparent unwillingness of MMT economists to acknowledge their mi...
8 comments:
Saturday, July 27, 2024

Episode 2 of the second season of our Manga – The Smith Family and their Adventures with Money — Bill Mitchell

›
 Today (July 26, 2024), MMTed releases Episode 2 in the second season of our Manga series – The Smith Family and their Adventures with Money...
Friday, July 26, 2024

In the latest episode of our Of Interest podcast, Steven Hail gives the MMT perspective on the monetary system, inflation, climate change & more — Gareth Vaughan

›
Audio and summary of talk. interest.co.nz In the latest episode of our Of Interest podcast, Steven Hail gives the MMT perspective on the mon...
6 comments:
Monday, July 22, 2024

Currency Hierarchy — Eric Tymoigne

›
In Stabilizing and Unstable Economy, Minsky noted that “[a]n economy has a number of different types of money: everyone can create money; th...
1 comment: