While in the UK economists seem to be losing it completely in the discussion around Modern Monetary Theory (which is why we do not cross-post most of it) and the rest of the continent is completely oblivious, there appears to be a somewhat more civilised discussion in the USA. Here James Galbraith´s take on the issue.
Harmonised index of consumer prices, October 2022: +11.6% on the same month a year earlier (provisional) +1.1% on the previous month (provisional) Read Here
Britain goes from one massive accounting scandal to the next. There are two parallels: The reports were egregiously wrong and the accounting firms earned loads of money for these reports. Read here
If you can get through it, there are some interesting points made. Read here
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