A society riddled with debt is a society that is reluctant or unable to spend. A lot of that debt has now found its way into housing, with mortgages higher than ever. That’s money we’re using to pay off our home loan that we could be spending keeping the economy moving. In short, its slowing the speed at which money circulates. So, how do we fix it? The answer, is get rid of the debt. And Steve Keen has a cunning plan. A monetary reset. How would it work? Phil Dobbie explores the idea in detail with Steve on today’s Debunking Economics podcast.
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Steve Keen – Railroaded: Bring Back Thatcher and Reagan
The irony is that Germany with the Greens in government want to privatise the state railway. The real problems began with the previous attempt to privatise it in 2008 under Merkel, another disaster that everyone […]
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Patricia talks with Associate Professor of Humanities & Cultural Studies and co-host of Money On The Left podcast Scott Ferguson about Marxism and political identities in general in relation to MMT. Listen here
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