I noticed part of an old post of mine being cited on Twitter yesterday. It was as follows: This is fascinating. What it shows is the
Read the full article…
Central bankers on their ability of banks to create money out of thin air
This incredibly valuable collection of quotes from central banks and bankers on their ability to create money out of thin air was assembled by regular
Read the full article…
We can use private capital for public benefit
I was asked this question on the blog last night and, to be candid, was just too tired by the time I finished work to
Read the full article…
Money is always intangible
I have been writing about the concept of money today. For several good reasons, I cannot share what I wrote as yet. This sentence, written
Read the full article…
The Bank of England has announced it can create money for the benefit of its mates but not for the benefit of the rest of us
The FT reported yesterday evening that: The Bank of England is set to create a permanent lending facility for non-bank financial institutions such as insurers
Read the full article…
The Taxing Wealth Report 2024 and modern monetary theory
I have been sent an email that says: I have been reading the summaries of your tax proposals, but not the details. I am not
Read the full article…
Why we need a national debt
I had a request yesterday that I write an article explaining the national debt, most especially in the context of modern monetary theory. Let me
Read the full article…
The QE process
I was criticised by some commentators yesterday for what they thought to be a harsh comment by me on a comment by Neil Wilson on
Read the full article…
Communicating MMT
As many readers here will be aware, I recently dedicated quite a lot of effort to thinking about a white paper on modern monetary theory
Read the full article…

Buy me a coffee!
