It's Time to Nuke the Bond Market
Why sovereign democracies must dismantle the mythology of ‘bond vigilantes’ to restore political agency
Borrowing
MMT Verify: Will Investors Shun Government Debt?
There is no risk that interest rates on UK government debt will reach crippling levels. Interest rates are policy variables. Paying interest is a political choice. Betteridge’s law of headlines applies.
How to fix the government's borrowing costs
The government borrows at a price of its choosing. Here’s how.