Bill Mitchell: Central banks should just write off all their government debt holdings

Trade sanctions almost always have unintended consequences and, often, they can backfire spectacularly. Read Here

The ECB knows what it has to do and continue to do – fund the fiscal deficits irrespective of what smokescreen it erects to call it something different. Read Here

This July has been the hottest in our recorded history and, most likely, over the last 120,000 years. Four “Heat Domes” across the northern hemisphere—over West Asia, North America, North Africa and Southern Europe—contributed to […]