The government has learned to use QE to fund the coronavirus crisis, which is all well and good except for the fact that there are significant wealth inequalities arising as a result as some in the population save substantial amounts. If we are to prevent runaway asset inflation arising a way to use those savings has to be found and they have to be used to fund constructive activity. I outline some new thinking on this issue in this video. There is much more thinking to do in this area if social justice is to exist after coronavirus.
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Renegade Inc. – Chris Williamson: Lions Led by Donkeys
July 28, 2020
Mathew D. Rose
Austerity, Economics, EU politics, Finance, Inequality, National Politics, Neo-Liberalism in the EU
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The phrase ‘lions led by donkeys’ was used to describe the British front line soldiers of WW1 – they were the brave lions who were sent to their deaths by incompetent and indifferent leaders. After […]
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