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RJMaybe re fear. Although I think many in Govt just don't understandBut now Govt debt increases is becoming critically important. The question that should be asked is1 Can a monetary sovereign Govt like the UK spend what they want in excess of any tax take. The answer is yes.2 Should they. The answer ...

4 weeks ago

Fran GriffithsPerhaps the new financial education requirement in schools will lead in time (probably a long time) :) to a more economically literate population ànd then we can have a more open discussion about what we can ànd cannot afford....

4 weeks ago

Fran Griffithsin the background when economists ànd politicians talk about the importance of a balanced budget and the dangers of printing money.However this account misses out one important feature of this ànd other hyperinflations. Germany was paying two thirds of its production in war reparations. The money ...

4 weeks ago
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Alan D'ArcyI've read the letter and the four comments it elicited. From the views and opinions held in three of these response it appears that the good works carried out by yourselves, NEF, James Gibb Trust, COMER and such-like are simply ignored by so many "informed" people. There are none so blind as those t...

5 weeks ago

RJThe UK Govt does not borrow money. It creates new reserves by JE whenever they spend. We borrow money from the banks (created by the banks by JE) if we are credit worthy and have to pay it back at the banks interest rate. State Govt borrow money as well as do Euro countries (from banks or the market...

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jakeThey spend by creating deposits in the private banking system.Any coincident issuing of government debt (bonds) has nothing to do with “financing” the government spending....

2 weeks ago

murrayzz1It is beyond belief that the Tories official response includes the phrase "... banks maintain a fraction of deposits in cash reserves and lend out the remainder".Lend out the remainder?This tends to indicate that they believe all bank lending comes from deposits. The depth of ignorance is truly frig...

4 weeks ago

ms01925Its funny to read these conflicting opinions... all of the ways we think the system might "work", are really just all the possible scenarios open to the banking system of how they can manipulate the system....

4 weeks ago
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simonthorpeYou can petition the producers of 'In our time" herehttps://ssl.bbc.co.uk/programm...Here's what I have just told themOver 30,000 people have signed up to the Positive Money movement. They have been arguing, very coherently, that virtually all are current problems can be traced back to a totally bro...

last month

simonthorpeWhy Dutch television? Why on earth can't th BBC do this too?I note that BBC radio 4 is proposing to do a Listener Week in November, with 3 programs that will present ideas proposed by listeners - Woman's Hour, In Our Tme, and Saturday Live.http://www.bbc.co.uk/blogs/rad...Isn't it the right moment t...

last month
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