Mody’s analysis is not new, but cannot be repeated often enough. The Euro was a project that should never have occurred, and was organised by those who had ulterior motives, not the well-being of their citizens.
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Economics
Chris Dillow: Socialism in one country
What I mean is simply that (some form of*) capitalism suits some countries better than others. And perhaps the UK is not one of these. Read here
Climate Crisis
Positive Money Europe: Why the ECB should go beyond ‘market neutrality’
To ensure monetary policy does not conflict with the EU’s carbon neutrality targets, the European Central Bank must replace its current ‘market neutrality’ approach and rely instead on the EU taxonomy, a new briefing by […]
Economics
Bill Mitchell: It’s Modern Monetary Theory time! No, it always has been!
The shams about governments not having enough money to provide adequate housing, schooling, health care, employment, other services, and a sustainable response to climate change are now exposed for all to see. Read here
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