I must apologise to email subscribers to the blog who did not receive emails over the last few days. You should get this post as part of a mail tonight.
The reason for this failure baffled us until we realised that the blog had reached the limit of its subscription for email distribution. So, I got out the credit card and made the necessary payment, and we are now good until we hit 5,000 subscribers.
There are two important posts I would like to highlight that some who get the email might have missed.
One was last Saturday's post on the political economy of money and tax, which is long but addresses these key issues in a comprehensive manner.
The other, about which quite a lot of people have passed very favourable comment, in on the nature of the national debt. If you are going to read just one of the two this is the one to look at.
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Buy me a coffee!
Delighted to learn that the reason for no emails the last few days was such a good one. Congratulations! The other thing of note, was that both my husband and I noticed the lack and wondered what had happened. (Glad to you know are well.) But it was a signal of the great value we place on what you do and how I like to start my day by reading your blog. Thank goodness I shall have my ‘early’ morning reading again. Usually too late though to put in a useful comment!
Thanks!
Buy Richard a coffee!!
Thank you
But it is only £15 extra a month and contributions do already cover that
Already do. So does my other half, separately. I like the thought of Richard getting a coffee.
Thank you
I run on coffee
I have no other vices but am not sure what I would do without coffee
H Richard – I might have been the one who took you over the limit, as I signed up a few days ago. The reason I joined was I was so impressed with your site, particularly the openness. My interest is the management of the UK economy, and because it is in such a mess at the moment, I feel it’s my duty to inform those in the Bank of England’s ivory tower (the MPC) of the facts, having been sent by the tax-payer to uni some years ago to study economics.
Today, the MPC will vote on interest rates. We all know that there will be no change, but if anyone voted for yet another increase (three did last time), it will raise the economic uncertainty level. Oh that they could agree on how to manage our monetary policy!
Thanks
And much too agree with
Monthly Cafe con Leche just bought – not before time!
Re my earlier submissions re complaining to the BBC, please find attached file link – hope it works.
It’s not as good as I wanted it to be particulary the 3rd submission. I wanted to have a go at the OBC etc but the constraint of 2000 character limit forced me to chop & change & cut & so I lost some fluency.
My main aim was to get across the fact of money creation preceding tax collection + the nonsense of so-called National Debt. I await the BBC response – circa 20 days apparently.
In the meantime I read, enjoyed & understood (bravo!) your work on money & tax & national debt. I get the the point re the nature of money as debt, but I am still concerned about the use of the very terms like debt & deficit etc which seems to elicit an almost Pavlovian dog response from media, politicians, some dyed-in-the -wool economists, & of course the self-interested neoliberals.
Have you considered a precis of your work to be used as the basis of having a go at other than the BBC alone? Or would you like me to have a go – on the understanding that it must not be published without your consent? That’s enough for now. If the link doesn’t work I will submit the text – it’s not that long.
https://drive.google.com/file/d/1MGaqyg0aAxZAWZA908ksgfP5kpa04b5k/view?usp=drive_link
A precise in on the agenda
But a lot of things are on there as well
Good news. I was worried. Reflecting on your blogs, helps me know there are likeminded people out there. Thank you for all your work.