The Perpetual Problem With Interest Rates
How can you be worried about interest rises when you’re issuing fixed interest rate securities? Isn’t that sort of the point of fixing the interest rate?
mmt
Anatomy of an FX Transaction
How exactly does an FX transaction works in a floating currency rate environment? Read on to find out
How Money is Created in the UK
Money is created in the UK by order of HM Treasury. Here’s how it works
It's the Exporters Stupid
Running an external surplus requires exporters to export. The right to export more than you import has a price. What does that mean on the other side of the trade?
Resources Are People Too
The Resources you are looking for are in the Unemployment Queue
Why Banks Pay Interest on Deposits
How the central bank setting interest rates above zero forces banks to pay interest on deposits
Victory to MMT
Another neoliberal throws in the towel in the face of unassailable facts and logic
Money Printing Is a Tax
The phrase ‘money printing’ is shorthand for ‘I don’t know what I’m talking about’
Look Ma No Tax: From Zero to Full Employment
Demonstrating how the Job Guarantee precisely offsets the drain to savings
The UK Job Guarantee — how it gets paid
Why the UK tax and benefits infrastructure is ready to implement a full Job Guarantee for all.