A simple, straighforward piece that does away with the myth that governments tax to spend.
Read here
Economics
Bill Mitchell: IMF and World Bank at odds with each other over interest rate hikes
The inflationary surge is not a demand event and will not be resolved by further cutting nominal incomes. Read Here
EU politics
Reuters: Poland files complaint with EU’s top court over copyright rule change
Poland has submitted a complaint to the European Union’s top court against copyright rules adopted by the bloc in April to protect Europe’s creative industries, which Warsaw says may result in preventive censorship. Read here
Economics
BBC: Coronavirus: Uber announces drastic cuts to secure its future
Even Über Eats, despite a surge in income, is still loss making. Read here
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