The world’s economy changed yesterday with Trump announcing a trade war with almost every nation on earth, as he has long said he would. Long
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Will the UK fall into Trump’s trap?
This is the first of a series of tables put out by the US government yesterday to supposedly justify what it calls reciprocal tariffs: Others
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Uncharted territory
Trump did, for once, deliver on his promises. He said he would impose tariffs, and he did. The tariffs in question are at exceptional levels,
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Donald, take note: tariffs only liberate the rich
Tariffs will not liberate the USA. Most people will be a lot worse off. Their taxes will have risen. So too will inflation. Yesterday was
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We can’t oppose Trump’s visit to the UK
Readers might recall that I proposed a government petition a few weeks ago to oppose Trump’s planned state visit to the UK. I have just
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Tariffs are regressive taxation – so no wonder Trump likes them
Tariffs are regressive taxes. Regressive taxes are those where the tax rate decreases as the taxpayer’s income increases. In other words, people with lower incomes pay
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Advertising makes you unhappy – by design
Advertising makes you unhappy with what you have, and even who you are. That’s how it works. So, do we need to better regulate it?
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My approach to MMT – the AI version
This is another AI (ChatGPT) generated summary of my thinking. I asked it to discuss my approach to modern monetary theory. The following text is
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No one is talking about the Awful April cost of excessive interest rates – and they should be
There was a lot of coverage yesterday about the ‘Awful April’ about above-inflation bill rises that people are now facing on things such as: Energy
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