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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 ...

Yesterday

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....

2 days 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 ...

2 days 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...

6 days 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...

2 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...

2 weeks ago

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...

2 weeks ago
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RJSorry but this statement is not correct. Coins have a liability just like notes.The liability - the Govt will accept these coins back for the payment of taxes or bond purchases. There si no such thing as debt free money. I think PM means no interest debt free money. The debt exists (as Govt debt) b...

2 weeks ago

being DUNthe debt was never paid but tranfered to another company of a group of companies belonging to the same company. UK goverment should be accountable for the part they played to cover the fraud in the USA.....

3 weeks ago

GWHodgsonThe question was about coins, not banknotes.The government could buy goods and services using freshly minted coins. The only obligation (liability) it would incur by doing so would be to refrain from seizing more goods for non-payment of taxes when these coins are returned. Instead, it choses to iss...

3 weeks ago
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