The Australian edition of the Guardian (available via the UK website) had an article yesterday that was headlined as follows: The author is described as
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Governments cannot borrow in their own currencies, but they can provide places of safe deposit for savers, and it is essential that they do
I found this headline in the FT both simultaneously worrying and intriguing: Germany has had a constitutional ban on its government borrowing for some years
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Consigning the sterlingisation zombie to history
It is big news when an issue to which this blog has contributed makes it to be an FT headline, but it happened this morning:
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Note to Nadine Dorries: there is no such thing as taxpayer’s money
It was in 1983 that Margaret Thacher told a Tory Party conference that: There is no such thing as public money; there is only taxpayers’
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Green quantitative easing could transform the UK. When will we get it?
My old friend, Professor Prem Sikka, who is now a member of the House of Lords, spoke in a debate on quantitative easing in that
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Monetary policy is dead: what we need is new thinking on how fiscal policy can really control inflation
There is an article by Ruchir Sharma, who is Morgan Stanley Investment Management’s chief global strategist, in the FT today. In it he argues that
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Labour’s commitment to balancing the books destroys any chance it has of delivering the policy agenda the UK needs
As the Guardian notes this morning: Keir Starmer will make a pitch to win over Britain’s business leaders by promising a Labour government will not
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There is one issue to be resolved before Scotland can ever consider independence – and that is what currency it will use, to which there is only one answer
A week ago I posted here on the Scottish currency issue, in the context of a stooshie (English: kerfuffle) I had created when commenting on
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COP 26 failed. We need not. But w have to get on with beating the forces that want to kill life in earth. Time is not our side.
I admit that I have been struggling to find appropriate words to write since it became apparent that COP26 really would not deliver anything like
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Richard Murphy
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