I would recommend anyone who reads here also subscribe to Stephanie Kelton’s blog on Substack. Stephanie wrote this on MMT ( modern monetary theory) and
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Who is more capable than Liz Truss to run the government?
Can Truss survive this?
The IMF issued this statement last night: Moody’s rating agency did, two hours later, threaten to downgrade the UK’s credit rating. The Bank of England
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Taking on the IEA on the Jeremy Vine Show
I did the Jeremy Vine Show on BBC Radio 2 today, although it was not Jeremy hosting. The social media reaction has been very strong
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Liz Truss has proved she can make unpopular decisions
I think we can all agree that Liz Truss has proved she can make unpopular decisions. Crashing the pound isn’t going down well with anyone,
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Kwarteng has created a mess. It will take many years to clear it up.
I have just posted this thread on Twitter: The Bank of England has a supposed duty to control inflation in the UK, being required to
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Email issues
More than 1,000 people subscribe to this blog using the email service that anyone can subscribe to for free using the box in the right-hand
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Without QE, or simple government money creation, Kwarteng is heading us for the rocks very, very fast
This was the FT’s UK homepage on its email listing this morning: The FT thinks the UK is in trouble. They also think Truss and
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190,000
My Twitter account got its 190,000th follower sometime this morning: That is 10,000 new followers in 18 days. And for the cynics, why does this
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