Modern money is a spreadsheet! It works by computer! When government spends or lends, it does so by adding numbers to private bank accounts. When it taxes, it marks those same accounts down. When it borrows, it shifts funds from a demand deposit (called a reserve account) to savings (called a securities account). And that for practical purposes is all there is. – James K. Galbraith, Introduction to Warren Mosler’s 7 Deadly Innocent Frauds of Economic Policy
December 2022 S M T W T F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
- #153 Dirk Ehnts: Fiscal Black Holes And How To Escape Them
- #152 Phil Armstrong: What Would Economic Opposition Look Like?
- #151 Brian Romanchuk: What Is A Bond Vigilante And How Do We Get Rid Of Them?
- #150 Yeva Nersisyan: How To Pay For The Green New Deal
- #149 Britannia Re-chained: Jeremy Hunt's Unbudget In Brief
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- Medium: Femme - 8 - Abortion (Part 2)
- Political Economy of 'The Rehearsal'
- Internet for the People with Ben Tarnoff
- Democratizing University Finance
- Debt Cancel Culture: Media Strategies for Democratic Coalitions (ft. Erica Robles-Anderson, @fstflofscholars)
- RBA governor apologises for duping Australians – but then says we didn’t read the literature closely enough
- The Alpine villages producing their own power
- Puerto Rican towns sue Big Oil under RICO alleging collusion on climate denial
- Revealed: more than 70% of English water industry is in foreign ownership
- Mortgage purchase apps, Q3 GDP revision, job openings