MMT is about the way the world actually works. It explains why big deficits do not drive up interest rates or “crowd out” private investment, and why big governments in big countries don’t go bankrupt.
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EU politics
Richard Murphy: The public want nationalisation because nationalisation makes sense
Richard Murphy explains why nationalisation is not only an important step in repairing Britain’s ailing market, but something that most Britons want. Read here
Economics
Reuters: Lira plunges more than 7% as Turkey edges towards free market
Erdogan seems to be responding to his election victory by retreating towards more ‘orthodox’ macroeconomic policies. Read the article HERE.
Climate Crisis
DeSmog: The Economic Case for ‘Blue Hydrogen’ Is Getting Worse. Cue the Lobbyists.
DeSmog has mapped the fossil fuel interests lobbying for gas-derived hydrogen and threatening to derail the momentum of green hydrogen. Read Here
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