I have not previously shared this. I think it’s time I did:
The US can’t run out of dollars, unless some deeply misguided politicians decide that it should
The FT includes this comment this morning: Janet Yellen has warned the US Treasury risks running out of cash next month unless Congress increases its
Read the full article…
Sunak’s class warfare – in the Mirror
My argument that national insurance should not be used to fund inreased spending on social care made it to The Mirrior this morning: You can
Read the full article…
Positive Money and the Bank of England are completely wrong to support the idea of a central bank digital currency for the UK
Positive Money has made an appeal asking that people support the idea of a Bank of England central bank digital currency (CBDC) in the UK.
Read the full article…
Inflation, what it is and why there’s no reason that we require interest rate increases to tackle it right now
I have just posted this Twitter thread tackling the issue of inflation… People are really worried about inflation. The right-wing media is fuelling that concern
Read the full article…
Why we don’t need to fear inflation
In this final video in a mini-series on how money has got its value in the fifty years since the final link between money and
Read the full article…
It is time we had joined up economic policy, and independent central banking hooked on QE is not good for that
In 2010 I wrote this in a paper co-authored with Colin Hines on what we thought should be the future of quantitative easing: More than
Read the full article…
What are the limits to government money creation?
This is the third in a series of four videos exploring the value of money created to mark the 50th anniversary of the final end of
Read the full article…
50 years without gold backed money
Ask most people what gives money its value and they will most likely say that it is gold. There’s still a popular belief that if
Read the full article…

Buy me a coffee!
