General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Richard J Murphy
comments
Comments by "" (@blackbulldog4897) on "Rachel Reeves is hanging on by her fingertips That never lasts for long" video.
The UK govt is the sole issuer of the currency, it can never run out of £s.
4
@archvaldor Except for the fact our currency issuing govt doesn't need to "balance the books".
3
@jonathanevans3024 "believer in MMT" = understanding how our fiat money system works, particularly govt fiscal ops, and the capacity of the currency issuing state.
3
They have access to all the £s they will ever need , in fact, the UK can never run out of £s.
1
She is doing her job properly. Her job is to make sure her corporate masters don't suffer. She has all the power she needs to direct the BofE to do whatever she wants them to do but she wants them to continue using interest rates to try to manage the economy and give state benefits to rich people.
1