Base money and central bank reserve accounts
Friday, February 24th, 2023I was hoping to spend a much time on the glossary this week as I did last, but a tsunami of other work has meant
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The failings of Companies House
Wednesday, February 22nd, 2023I published this glossary entry under the title of the Registrar of Companies yesterday. I am trying to add between ten and fifteen entries a
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Labour’s dedication to austerity will be a disaster for this country
Thursday, February 16th, 2023I am well aware that many people, most especially on Twitter, are surprised about my concerns about Labour and the prospect that it might form
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The gold standard
Monday, February 13th, 2023This is the proposed entry for the gold standard in the glossary I am writing. There will be another entry on the myths that the
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Who is it that is ratcheting inflation upwards? Is it multinational corporations or nurses, teachers and rail workers?
Monday, February 13th, 2023The Guardian has reported this morning that: So, a simple question. Who is it that is ratcheting inflation upwards? Is it multinational corporations, such as
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The time to move towards the EU has arrived
Sunday, February 12th, 2023As the Guardian has revealed today, a combination of government and opposition leaders together with senior civil servants and business representatives (but notably, apparently no
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We live in a broken, divided and profoundly unfair society
Thursday, February 9th, 2023The Guardian has a headline this morning that says: It has another that declares: How can these headlines be reconciled? That is easy. What they
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Austerity
Thursday, February 9th, 2023Work on the glossary is advancing: it has now grown to 36,000 words and there are still more than 100 entries to add (and maybe
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The UK does not need a digital currency: the vanity of central bankers does
Tuesday, February 7th, 2023There is much discussion in the media today about the possibility that the Bank of England might create a digital currency for use in the
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