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I have to qualify my arguments here. I am neither an expert not comitted to MMT. 1 The model excludes a number of things, principally the self interest of government. Governments neither wish to be voted out or overthrown. High inflation is generally viewed as undesirable and unpopular. Along...

Where is it you think that bears defecate? It seems a strange thing to be worrying about now, given the numbers suspended, lost the whip or forced to resign in the current parliament and certainly not all of them are from the governing party.

There is a decent explanation of MMT here if anyone is interested. https://www.taxresearch.org.uk/Blog/wp-content/uploads/2023/04/Modern-monetary-theory-v2a.pdf In summary governments are free to spend what they want and this is not dependent upon borrowing, where they are the sole issuer of a...

Seems a bit blunt when you put it like that. However I do think there are benefits in encouraging people to look at more fuel efficient vehicles. If people want to drive around in vehicles getting 20-25 mpg it is their choice, but I think it is also fair to ask them to pay a little more for the...

Just had a quick flick through this thread, checked in every pothole and no one is supporting increasing fuel duty, despite it having been frozen since 2011. Can understand why no one wants to go there, but at the same time, things could be fixed and if it is so expensive already why are so many...