The reality of governments and money..
Made by web-wizard Rob Willox of web-media.co.uk, thanks Rob.
We’re all so used to hearing this well-known, endlessly-repeated “pay-for-it” spiel, many people still believe it. Here’s how to give it more thought
If you’d like to read my original post on this, with a couple more details, it’s here.
Thank you for viewing/reading!
My eyes were opened to the modern understanding of how governments and money work a few years ago, and since then I have been taking every opportunity to learn more. This includes what is usually known as Modern Monetary Theory (MMT), but relates to the tradition of Political Economy, which considers the effect of political policy on wealth distribution. And, what history has to tell us. In short, why some in society get the least. I do not claim to be any kind of qualified economist, but my blog is an attempt to explain this modern understanding to non-economists, and there are links to very well qualified writers, for those who want to learn more. I hope you will too. I am retired, and this blog is entirely non-commercial and non-profit-making. It is for educational and campaigning purposes only. View more posts
the pound in your pocket