This post is reproduced from the website of the New Economics Foundation, which has a new report out today suggesting that the problem of paying
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We are in a deep economic mess that can only get worse because that’s what central bankers want
The FT has just reported in an email that: The European Central Bank has called an unscheduled meeting of its governing council to discuss the
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The world’s central bankers: running the economy as if they want a disaster
As the Guardian reports this morning: Fears about a possible recession have pounded stock markets around the world amid reports that US Federal Reserve could raise interest
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Solving the problem of excessive government interest payments to banks: just issue them with some £10 million pound coins
Yesterday John Warren posted a thought experiment on the blog. Following an introduction that is worth reading but which I will not repeat here he
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Money, debt and thin air
As a result of yesterday’s thread on the relationship between banking, banks and the UK’s central bank – the Bank of England – a number
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How the banks are taking public money for private gain
Sunak’s choice: to support the banks and their ill-gotten gains or to save the people of this country from poverty?
I have posted this thread on Twitter this morning: There is a story doing the news rounds this morning that Sunak has cost the government
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Inflation will go away – because it always does – and in the meantime here’s how to deal with it
One of the arguments that Danny Blanchflower and I are making in our two person opposition to the prevailing establishment thinking on inflation is that
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If the Bank of England is to pubish a textbook on economics it really should get it right when it comes to describing how modern banks work – but it does not
This comes from page 182 of the Kindle edition* of the new Bank of England book on economics, which is in the chapter explaining the
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Richard Murphy
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