Steve covers why the Neoclassical model of banking known as “Loanable Funds” is a dangerously misleading caricature of actual banking, why credit has a crucial role in macroeconomics, and why savings is a sensible activity for individuals but has a destructive impact on aggregate demand.
Economics
BBC – Shaking the Magic Money Trees
There is a magic money tree! Governments need neither tax nor borrow to spend. They can create money – and lots of it. £435 billion was created for quantitative easing in Britain. Listen here
National Politics
Craig Murray – Truth and Ukraine
A brilliant talk: Facts and arguments which have had no discernible place in the public discourse on Ukraine on any “side” and were new to most people there.
Geopolitics
Craig Mokhiber, The Electronic Intifada – How Mossad interference delayed ICC prosecution
16.11.2024 It’s been 293 days since the International Court of Justice in The Hague ordered Israel to halt all killing and other genocidal acts against the Palestinian people. And it was 177 days ago that […]
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