Try moslereconomics.com, and follow the links. Also, billyblog, and lookup 'The Self-financing State' an institutional study by UCL, UK. L Randal Wray on YouTube.
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I will look at those tomorrow thanks. Will that answer the political aspect though?
mar 19, 2025, 1:26 am • 0 0 • view
For UK IMHO dogma and indoctrination of neoliberal economics learnt at uni by Reeves and Co seems to be the only rational explanation. For the EuroZ it's written into Mastricth Treaty and the lack of true EZ fiscal authority.
mar 19, 2025, 7:58 pm • 1 0 • view
I think a lot of this is deliberately kept opaque - in the same way that when you get a mortgage from a bank the money is created by the bank when it is agreed. There is no big pot that they debit and then credit your mortgage account.
mar 19, 2025, 5:58 am • 1 0 • view