The idea of a People’s Quantitative Easing has been discussed among a group of academics and their associates, which we have featured on BRAVE NEW EUROPE. It is good to see it now entering the mainstream. This article also correctly cites that this necessary policy benefitting a large swath of society, contrary to the Bank of England’s quantitative easing, would be blocked by the EU’s neo-liberal framework of laws and rules.
After ten years of wrongheaded and brutal spending cuts, Keynes’s warning that bad economics produces political extremism is more important than ever. Read here
From The Guardian The Germans made it clear after the election of Syriza in Greece: In the EU democracy is secondary. Primary are contracts and laws. Thus two former fascist nations can now “legally” stymie […]
Initially Mitchell rambles a bit, but eventually he arrives at his topic, controlling capital flows. Read here
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