The sectoral balances show that the government has very little control over the national debt
Wednesday, May 15th, 2024I have posted a video this morning in which I argue that when the government discusses what it calls national debt, it forgets something really
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Interest rates should be as low as possible
Monday, May 13th, 2024I put out this video this morning suggesting that the Bank of England is trying to force up interest rates so that they can keep
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Limited liability companies cause moral hazard
Sunday, May 12th, 2024I posted this video on YouTube this morning: The link is here. The transcript is as follows: Limited liability companies are a threat to your
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We do not have a national debt
Saturday, May 11th, 2024I posted this video this morning: The transcript is as follows: We don’t have a national debt in the UK. We do have national savings,
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The Bank of England used the inflation crisis to boost the wealth of the wealthy, but did nothing at all to control inflation
Friday, May 10th, 2024The Bank of England Monetary Policy Committee put out the most extraordinary report yesterday in support of its decision to keep interest rates at 5.25%,
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Starmer has no ethical or political framework to guide his actions, and that is why he will fail
Thursday, May 9th, 2024There are a number of basic elements to politics, but in practical terms the most important one is that it requires that decisions be made.
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How banks create money
Thursday, May 9th, 2024I posted this video on YouTube this morning: In case the video is not embedded properly (and that happens sometimes) it is available here. The
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Why we have a national debt
Wednesday, May 8th, 2024I posted this video on YouTube this morning: The transcript is as follows: We really need a national debt in the UK. If you listen
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Since Reeves and the Tories have a shared economic DNA, how different can she ever be?
Wednesday, May 8th, 2024The FT has an article this morning, of which the headlines are as follows: Are Labour and the Conservatives adopting ‘Heevesian’ economics? _________ The policies
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