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.
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 […]
‘The citizens of 2050 are being taught an economic mindset that is rooted in the textbooks of 1950, which in turn are based on the theories of 1850.’ Renegade economist Kate Raworth argues that our […]
This is the talk held by Michael on 1 November for BRAVE NEW EUROPE. A Cooperation of Helle Panke e.V. with Brave New Europe, OXI and Rosa-Luxemburg-Foundation To support our work please donate HERE The […]
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