Assets and Debts are simply a matter of marketing…

I’m influenced by some objections to my Positive Money (PoMo) accepts Modern Monetary Theory (MMT) article. Yes, sure, PoMo always accepted that money could be created, but it was supposed to be by a beefed-up, or entirely separate, Bank of England Monetary Policy Committee. That is not Direct Monetary Funding or Financing – that is… Read more