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CHRIS hEYWOODAfter reading the three Party Responses and having sent a number of emails to my MP on various subjects, it strikes me that the art of not answering and not committing is alive and well. They don't understand the subject so they prevaricate. I studied and worked in Banking*50 years ago and it was on...

4 hours ago

SimonThe Labour reply is rather vague, along with Conservatives and Lib Dems. They seem to be unable to make the connection that increasing credit boosts the economy, then paying down debts will cause a recession. Restricting lending as they propose will slow the economy down, and make existing debt hard...

Yesterday
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RJBut this is incorrect and shows the writer hasn't a clue how the US treasury system works"This should be funded directly by Fed-printed money (not bonds bought by Fed-printed money), thereby directly increasing the money supply. "Whenever the US spends it pays the banks with reserves created out of ...

3 days ago

RJGood article. But the writer is very confusedThis is almost right"Yes, through its program called "quantitative easing," the Fed has been creating money out of thin air and using it to buy U.S. government bonds. But because the Fed has been using this money to buy bonds that are simply kept on its b...

3 days ago

J Sumner (EthosDel)Is sustainably living on planet part if this equation in process?...

4 days ago
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