Structural Deficits Are Deflationary

There is far more inflationary pressure from government spending that causes an increase in taxes than from deficit spending

17 Aug 2023 12:22 +0100 · 7 min · NeilW

MMT Verify: How We Can Staff the NHS Without Tax Rises

Spending only happens if there was something to buy. If that spending is then deficit spending it has a lower inflationary impact than spending that is tax-matched.

25 Jul 2023 10:40 +0100 · 8 min · NeilW