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Richard Murphy on tax, accounting and political economy

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Tuesday thoughts

Posted on June 30 2020

Some of my Tweets this morning:

10
Why is the FT pretending that bond markets still have some financial clout?

Posted on June 30 2020

As the FT  noted yesterday In the third revision to its financing requirement since March, the Treasury has demanded its Debt Management Office raises £275bn
Read the full article…

10
Johnson hasn’t got a New Deal, Green or otherwise unless bringing us to our knees can be called a Deal

Posted on June 30 2020

They depravity of Johnson’s political claims is becoming ever more apparent. The latest is that he is heading a Rooseveltian New Deal. This is pure
Read the full article…

13
Debunking the ‘deficit myth’

Posted on June 30 2020

This BBC video of Stephanie Kelton explaining MMT is great. I just can’t embed it. So please get to it via this Tweet: Why we
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23
The coup going on right now…in the country where you are

Posted on June 29 2020

Jonathan Powell was a British diplomat who went on to become Tony Blair’s Chief of Staff throughout his entire time in Downing Street. He has
Read the full article…

9
Build Back Better

Posted on June 29 2020

I co-signed this statement issued by Compass today. You can too. Build Back Better As we emerge from this crisis, now is the time to
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5
Nothing less than a total overhaul will save accounting from itself

Posted on June 29 2020

Wirecard is a German company managing card payments for customers. It has gone into insolvency. That’s because it has admitted, as the FT has noted,
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6
The Tory version of The Forgotten Man

Posted on June 29 2020

I did some reading around the issue of The Forgotten man – who is, apparently, to the focus of government attention according to the new
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17
On LBC last night talking about the economic programme we need now to beat a recession

Posted on June 29 2020

I was on LBC last night and got several minutes of almost uninterrupted opportunity to discuss what needs to be done to tackle the economic
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