Mmt

Exploring the role of taxation in the UK’s monetary system, this article examines HMRC’s enforcement powers, and the physical limits of tax collection

Understanding deposits, reserves, and capital reveals some uncomfortable truths

The banking system throws up many surprises — one of them is how savers inadvertently trap borrowers

After 30 years, a long-planned milestone has arrived

George Bailey saves Bedford Falls—again! This blog reimagines the bank run with a deeper dive into the monetary system, as George uses his newfound financial savvy to outwit Mr. Potter, keep the town afloat, and still make it to his honeymoon.

Is the BBC following the recommendations from the Blastland and Dilnot report? Let’s use a bit of AI magic and find out

The programme schedule is now available on the conference website. This year’s conference has managed to gather the MMT founders and thinkers in one place, promising engaging talks and insightful panel discussions. By attending, you can deepen your understanding of Modern Monetary Theory, network with fellow MMTers, and gain valuable insights into current economic debates. With limited tickets remaining and time running out, secure your spot today. Visit the website to sign up now. ...

Two titans of UK politics face off over government interest payments, while completely missing the obvious answer: stop giving rich people free money

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.

Time for another exercise in mythbusting. It turns out it is very difficult for something that cannot move to fly. Who knew?