Greece and other weak EU countries were victims of predatory lending too – mainly by bankers in Germany and France. Like their still unindicted counterparts at America’s too-big-to-fail banks, the banksters responsible … Continue reading The Greeks Fight Back: Oxi to Austerity
#endausteritynow Tweets 250,000 marching in London now. Continue reading #EndAusterityNow
Twitter: @rodgermitchell; Search #monetarysovereignty Facebook: Rodger Malcolm Mitchell Mitchell’s laws: Those, who do not understand the differences between Monetary Sovereigntyand monetary non-sovereignty, do not understand economics. The more federal budgets are cut and … Continue reading #Monetary Sovereignty – Mitchell » Economics
Video of Speech by the Speaker of the Greek Parliament to an Assembly of speakers of all EU national Parliaments – on the devastating impact of the austerity imposed on Greece and … Continue reading Speaker of the Greek parliament explains impact of austerity on Greece
“It is dangerous that someone is too big to investigate – it gives a sense there is a safe haven.”. This year the International Monetary Fund declared that Iceland had achieved economic … Continue reading IMF – Iceland’s economy recovered after it imprisoned bankers & let banks go bust – instead of bailing them out
The federal income tax is broken for the super-rich. Source: As the rich become super-rich, they pay lower taxes. For real. – The Washington Post Continue reading As the rich become super-rich, they pay lower taxes. For real. – The Washington Post
Interesting article I found. You know you understand modern money when… You know the difference between a currency issuer and a currency user. You know that the US, UK [or name your … Continue reading You know you understand modern money when…
But if Galbraith stood out on the panel, it was because of his offbeat message. Most viewed the budget surplus as opportune: a chance to pay down the national debt, cut taxes, … Continue reading Modern Monetary Theory is an unconventional take on economic strategy
After World War II, government policy was to make sure people had jobs, and it did what it could to make sure that happened. Corporations saw their profits rise and they shared those profits … Continue reading Keynes on Economists’ Heads Fuddled with Nonsense
Video post
This interview from right after the crash in 2008 can be played today and is not only spot on in every prediction, it sounds exactly like an interview that is taking place … Continue reading Michael Hudson – What We’re Becoming
The main takeaway from this is that you really don’t need to balance the budget over any time horizon, and attempts to do so will hurt the economy. That’s what Kelton argues … Continue reading Bernie Sanders opens a new front in the battle for the future of the Democratic Party – Vox
While we all happily pay our hard earned dollars to the Federal Government today I came upon this great article Tweeted by Economist @stephaniekelton this morning from January 1946: … Continue reading On Tax Day, remember the Federal Gov’t DOES NOT need to tax for revenue
Other site.
You must be logged in to post a comment.