I watched Gary Stevenson’s Channel 4 documentary, How to Get Filthy Rich With Gary Stevenson, last night. I have a recommendation for you. It is
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Government v bank money
This quote comes from Prof Jamie Galbraith’s March 2010 article ‘In defence of deficits’. The original is here. I learned of it via William Thomson’s
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Glossary entry: the velocity of circulation of money
I have posted this new glossary entry. It was created in response to a specific request. You are welcome to ask. The whole glossary is
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Meanwhile, elsewhere, the car crash of neoliberalism goes on
Farage has succeeded in grabbing the headlines. But there is a world going on elsewhere. The war in the Gulf is still happening: Jet fuel
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National savings bonds: what is there to lose?
A comment was posted by regular commentator Kit W-N overnight on yesterday’s proposal to issue bonds to reconnect public savings with public purpose. The issues
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Debate Ammunition: Are We Still on for a Crash?
The Richard J Murphy YouTube Channel DEBATE AMMUNITION Are We Still on for a Crash? The Real Risk Is in US Equity Markets Funding the Future
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Where is the next crash coming from?
The media thinks government debt will cause the next financial crash. I think they’re looking in entirely the wrong place. The UK government cannot run
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What Gary Stevenson got wrong on bonds
Gary Stevenson has produced a long video explaining, he claims, bond markets and why he thinks they now dominate government policy. There is some material
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My View On … Inflation
About a month ago, I began a series of posts that drew on my previous work to summarise my opinions on a range of economic
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