Economics
Bill Mitchell: Central bankers have created excessive unemployment for decades because they use the wrong theory
Central bankers are interested in furthering corporate interests, not a just society Read Here
Bill Mitchell
Finance
Bill Mitchell: Bank of Japan has not shifted direction on monetary policy
The hysteria surrounding the decision by the Bank of Japan (released December 19, 2022) to make a minor adjustment to its yield curve control ceiling on Japanese government 10-year bonds has been predictable but uninformed […]
Economics
Macro & Cheese – Japan: A Case Study in MMT with Bill Mitchell
Bill Mitchell tells us how Japan’s fiscal and monetary policies demonstrate the dishonesty of mainstream economic theory. Unemployment is not the cure for inflation. Listen here
Economics
Bill Mitchell: The poorest nations are increasingly beholden to the hedge funds
At the end of 2021, low- and middle-income economies owed 61% of their public and publicly guaranteed debt to private creditors — an increase of 15 percentage points from 2010 Read Here Photo: Jim.henderson via […]
Economics
Bill Mitchell: The monetary institutions are the same – but culture dictates the choices we make
Neoliberalism has perverted the way we manipulate the powers of our economic institutions in such a way that we benefit the elites more than the rest. These are essentially the same institutions that the Japanese […]
Economics
Bill Mitchell: The transitory inflation conjecture gains even more data credence
International economic data suggests the supply drivers of inflation may be abating. Read the article HERE.
Austerity
Bill Mitchell: IMF continue to demonstrate their neoliberal biases
Despite the claims and heralding that the IMF was becoming an enlightened institution, nothing has changed. Its practice of death and destruction is alive and well in Washington D.C. (where else?) Read Here
Economics
Bill Mitchell: Champagne socialists in the banking sector reaping millions from public money
The rate hikes now being implemented by most central banks are not just allowing the commercial banks to widen spreads between deposit and lending rates which will generate significant windfall profits for the banks and […]
Economics
Bill Mitchell – Britain: The Autumn Statement – an exercise in absurdity and public harm
Besides in the mainstream media and the political class, Britain’s newest budget is acknowledged as a disaster for not only the poor, but most of the middle class. Read Here
Economics
Bill Mitchell: Why listen to so-called ‘experts’ that were so wrong about Brexit?
A look at the numbers surrounding Brexit Read Here