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Deplatforming Trump Could Work. But at What Cost? - The New York Times

Deplatforming Trump Could Work. But at What Cost? – The New York Times

On Twitter, the Russian dissident Aleksei Navalny wrote: “This precedent will be exploited by the enemies of freedom of speech around the world. In Russia as well. Every time when they need to silence someone, they will say: ‘This is just common practice, even Trump got blocked on Twitter.’” Preventing the incitement … Continue reading Deplatforming Trump Could Work. But at What Cost? – The New York Times

New Pentagon IG report finds that police don't need all those hand-me-downs of military hardware

New Pentagon IG report finds that police don’t need all those hand-me-downs of military hardware

In October 2020, the Pentagon’s Inspector General released a new report titled, “Audit of Excess Property Issued Through the Department of Defense Law Enforcement Support Program.”… The demilitarization of the police is a good first step towards improving the relationship between the police and the people they serve. Source: New Pentagon IG … Continue reading New Pentagon IG report finds that police don’t need all those hand-me-downs of military hardware

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Senate gives law enforcement the OK to spy on your internet history

Senate gives law enforcement the OK to spy on your internet history

A heartbreaker of a vote just went down in the U.S. Senate with disturbing implications for online privacy. On Wednesday, the Senate failed to pass an amendment to parts of the Patriot Act that would explicitly prevent law enforcement from using it to justify collecting individuals’ internet browser and search history without … Continue reading Senate gives law enforcement the OK to spy on your internet history

Can governments afford the debts they are piling up to stabilise economies?

Can governments afford the debts they are piling up to stabilise economies?

Yes — It poses no inherent danger to states that issue their own currency There are three real reasons. First, a currency-issuing government never needs to borrow its own currency. Second, it can always determine the interest rate on bonds it chooses to sell. Third, government bonds help to shore up the … Continue reading Can governments afford the debts they are piling up to stabilise economies?

How the Government Pulls Coronavirus Relief Money Out of Thin Air - The New York Times

How the Government Pulls Coronavirus Relief Money Out of Thin Air – The New York Times

Once-fringe ideas in economic theory are now nearly official policy as government borrowing surges and the Federal Reserve signals it could buy unlimited debt. “Once the central bank buys them (the bonds), it’s as if the Treasury never issued them in the first place,” said Dr. Kelton, “For all intents and purposes, … Continue reading How the Government Pulls Coronavirus Relief Money Out of Thin Air – The New York Times

Bank of England to directly finance extra government spending

Bank of England to directly finance extra government spending

The UK has become the first country to embrace the monetary financing of government to fund the immediate cost of fighting coronavirus, with the Bank of England to directly finance the state’s spending needs on a temporary basis. The move would allow the government to bypass the bond market until the Covid-19 pandemic … Continue reading Bank of England to directly finance extra government spending