MMT economist Steven Hail helps understand the intricacies of a modern money banking system as they discuss the interplay of government spending, private sector transactions, reserve and bond accounts at the central bank and how these things impact on interest rates, plus the effect of quantitative easing.
Understanding economics is a prerequisite to partiicpiating in democracy. Listen here
As not only press freedom, but also intellectual freedom and freedom of speech are under attack by tanking Authoritarian Liberalism, we felt it important to post things that are being banned so that people understand […]
Now in this season of giving add your contribution to BRAVE NEW EUROPE! Donate We at Brave New Europe don’t take a position on Brexit. While we recognise that many dark and odious forces […]
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