Alphaville: Modern Monetary Theory – America has never worried about financing its priorities

Politics is dominated by a “lumpen intelligentsia”: “earnest types who enthuse about ideas, simplify them and believe fervently that their crude and wholesale application will solve complex social problems.” Read here  

Thanks to the massive interest rate increase by the ECB, inflatiion, and the totally chaotic policies of the German government (Social Democrats, Greens, and Liberals) Germany has registered the largest decline in residential property prices […]

This is problem with what used to called “balanced journalism”: serve elite interests and maintain public trust. As the elite moves towards the neo-liberal creed of winner take all, this practice has been jettisoned. Mill has […]