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.
The nice thing about Warren Mosler is that his explanations are simple to follow. Great for learning about MMT. Listen here
Christian Felber is an Austrian book writer and economics and business teacher at Vienna University, and political activist. His wish is that all human beings can live a joyful, pleasure-full and free life that meets […]
Donald Trump is pushing ahead with his protectionist agenda, and possibly with good reason. There were over 17 million manufacturing jobs in the US in 2000, in the 10 years that followed, China joined the […]