Central banks have cut interest rates, some governments have introduced stimulus measures. But still the disease spreads and livelihoods are put at risk. In today’s extra (free) edition of the Debunking Economics podcast Prof Steve Keen argues that stimulus measures are nowhere near enough, and serious sums of helicopter money need to be added to everyone’s bank account. He has been arguing for some time that there’s a need for a debt jubilee to get the economy moving, and now might be the time to do it, starting with the issuance of zero interest debt jubilees and personal bank deposits to cover mortgages and other outstanding commitments.
Modern Money Theory, or MMT— is it way to fund the Green New Deal? For the transcript go here
This is a project that Richard and others have been working on very hard. It may appear boring, but it is a brilliant system of control of corporate destruction of the environment.
In Edition 87 of the March 2019 Tax Justice Network monthly podcast/radio show, the Taxcast (available on iTunes, Stitcher, Spotify and other podcast platforms): we discuss misleading reporting from the mainstream media on the financial […]