Recent content by BenGarfield

His hearts in the right place but his basic diagram which he drew on the kitchen table has a false assumption that the money flows from the various groups in society to the government in the form of taxation on which government expenditure is dependent. Its the same old neo-liberal government is...

In fact overly so

Apart from the one he’s already Scored

Really ? Can you give me an example?

So the fact that the Russian economy is booming/overheating as I ponted out in an earlier post, hence the inflation, is Russian propaganda? Perhaps you should look at some western "propaganda" from the Washington post...

What cupboard? This is nonsense. Every UK government since 1971 has printed money. Thats what fiat currency governments do. I hold no brief for Gordon Brown, as I understand from a guy I met at a recent economics conference, who had interviewed Brown for an economics podcast, that despite...

Don’t agree. Reserves? What reserves? Why would it need them as the producer of the “reserves” in the first place. They should control inflation by taxation and other fiscal measures, also by issuing national savings to take money out of the economy which appears to be overheating, but...

Big mistake hiking interest rates that high in an attempt to control inflation as a result of their booming economy. Reminiscent of the Thatcher government of the early eighties - although our economy wasn’t booming. They should set interest rates to 0%.

Russia can’t “run out” of money. No nation with its own fiat currency can run out of the thing which it is the monopoly producer of.

Take a look at this interesting discussion berween two professors of economics which backs up my view - presumably they are on glue too? The summary of the above is:- 1. The issue was fiscal and monetary policy not working in tandem 2. The outcome could have been predicted by an MMT...

Well introduce policies to ensure that there are a variety of media outlets as suggested in Corbyn`s 2019 Manifesto ;’p more diversity in the media as suggested in Corbyns 2019 manifesto

What happened to the other bottle, some of the contents having allegedly been used to coat the skripals door handle?

Alth Although I despise her politics , Truss should have stood her ground and withstood the machinations of the City

Let them go, we don’t want their undue influence on politics

Yes you could lower tax and increase spending