A Payments Holiday is More Realistic Than You Think
It may be simpler to enact a payments holiday than to try to get money to the hands of individuals who desperately need it.
Read more...It may be simpler to enact a payments holiday than to try to get money to the hands of individuals who desperately need it.
Read more...Quelle surprise! Big banks in the UK don’t like making small business loans, especially not at 1.5%.
Read more...A tidy case study into how much money it takes to buy Congressional votes.
Read more...To combat COVID-19, central banks, including the ECB, must cross the Rubicon of monetary financing and immediately transfer the 20%-30% of GDP this will cost into fiscal coffers.
Read more...Muni purchases are finally here
Read more...Using government spending power to bail out financiers and rentiers makes a travesty of MMT.
Read more...Emerging market economies loaded up on debt after the crisis, which is now looking like a particularly bad move.
Read more...An article by Fed and FDIC researchers argues for hiding banks’ dirty laundry. Too bad the authorities didn’t make banks shape up instead.
Read more...A tale of two stimuli: the Modi government has already made some direct deposits; some Americans will wait five months to receive checks.
Read more...Some scattered but nevertheless telling signs of coronavirus impact.
Read more...Micheal Hudson explains how the ancient approach to managing debt is far superior to ours.
Read more...The UK embraces modern monetary theory….and perhaps hopes no one notices.
Read more...The State Department’s global level 4 health advisory,recommending US citizens not travel internationally, has travel insurance implications.
Read more...Unhappy families may all be different, but financial crises are pretty much the same, rooted in debt overhangs, and one has been brewing.
Read more...An ambitious deleveraging plan as a Covid-19 response.
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