The money creation and regulation paradox
Tuesday, January 9th, 2024I make no apology for returning to the stories of money creation that have rather dominated this blog for the last few days. I reflected
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Until we have political and corporate leadership that serves the community and not powerful individuals, nothing will prevent another Post Office scandal
Tuesday, January 9th, 2024The Guardian says this of the Post Office sub-postmaster accounting scandal this morning: At its heart, this extraordinary saga is about a group of workers
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Have we got banking regulation wrong in the era of mass central government money creation?
Monday, January 8th, 2024Regular commentator on this blog, Clive Parry, has written a note on how the banking system and government and commercial bank money creation work, which
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What is 'free' about government money creation?
Monday, January 8th, 2024The note has been written by regular commentator Clive Parry, who has been a bond trader for 35 years, as a response to the discussion
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We do not need tax cuts: what we need is more spend and tax. That's our only hope.
Monday, January 8th, 2024The FT reports this morning that: Unpacking that, what Sunak is saying is: The Mail wants tax cuts and he will deliver them. To supposedly
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If banks create money out of thin air - as we know they do - most savings do not fund investment
Monday, January 8th, 2024The debate on this blog over the last few days on money creation by banks – as a result of which it has been shown
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Danny Kruger is wrong: we got a much more conservative country under the Tories. The inequality in excess deaths proves it.
Monday, January 8th, 2024As the Guardian notes this morning: Danny Kruger, a leading backbencher and founder of the increasingly influential New Conservatives group, said the Conservatives risked being
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Please, might we have a politics of care, community, compassion, cooperation and co-creation and not of work, isolation, and money-grubbing?
Sunday, January 7th, 2024I didn’t mean to write this thread this afternoon, but I have just published it on Twitter. Once I’d written the first tweet, which was
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Sunak: mean, cruel, punitive and profoundly unjust
Sunday, January 7th, 2024The Sunday Telegraph has this lead article this morning (and I apologise for testing your eyesight): The message from Sunak is unambiguous. After fourteen years
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