Browsing Tag

Modern Monetary Theory

Beggar thy Neighbour

“I am deeply ashamed to know that I won't be able to pay our staff. They have got mortgages, children. What am I supposed to do?" Jesus Manuel Ampero, Mayor of Cenicientos (Spain) It has been an unpredictable summer. Investors…

The Government’s Bank

How does the government pay for stuff? That's a question we should all be asking ourselves. I'm speaking here both from a philosophical and functional perspective. You and I have to earn our money by working. Usually we deposit this money…

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