Taxation revenues are the basis of the modern state. Without them, it cannot perform its administrative and redistributive functions.
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Economics
Reuters: How crypto giant Binance became a hub for hackers, fraudsters and drug traffickers
For five years, the world’s largest cryptocurrency exchange Binance served as a conduit for the laundering of at least $2.35 billion in illicit funds, a Reuters investigation has found. Read HERE
Economics
Bill Mitchell: Eurozone inflation heading negative as the PEPP buys up big – don’t ask the mainstream to explain
Governments save economies. Never let a mainstream economist tell you that government intervention is undesirable and that the ‘market’ will sort things out. Never let them tell you that large-scale government bond purchases by central […]
Economics
Shaun Richards: The ECB interest-rate rise leads to questions about the first cut
It is not even 24 hours since the European Central Bank interest-rate decision and quite a bit has changed. Read HERE
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