One question that continually comes up when I do interviews is this: If governments are not financially constrained in their spending why do they issue debt?
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Bill Mitchell: Why do currency-issuing governments issue debt? – Part 1
Economics
George Monbiot: The UK government wants to put a price on nature – but that will destroy it
The Tories eeclared they were preparing a new, robust environmental policy. The result is the usual neo-liberal rubbish. Everything is reduced to its monetary value. Whoever still has a connection with nature knows this is […]
Corruption
Reuters: EU watchdog slams Germany for lapses in Wirecard fraud
The German government is not sweeping the dirt under the carpet, it is shovelling it, especially SPD finance minister and chancellor candidate Olaf Scholz. Read here
Economics
Medium: The economics of land and what that means for Generation Rent
A recent study of 14 advanced economies found that 81% of the rise in house prices is attributable to land, not the dwellings that rest on it. Read here
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