Tag: Debt

In the first seven months of Fiscal Year (FY) 2024, net interest (payments minus income) on the federal debt reached $514 billion, exceeding spending on both…

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“Rather than collecting taxes from the wealthy,” wrote the New York Times editorial board in a July 7 opinion piece, “the government is paying the…

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I know, I know. It is supposed to be about too much money chasing too few goods – but, more fundamentally, what is it about?…

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In ancient Mesopotamia, it was called a jubilee. When debts at interest grew too high to be repaid, the slate was wiped clean. Debts were…

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For perfectly understandable reasons, public and media reactions to the surge in energy prices have concentrated almost exclusively on rises in the cost of domestic…

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In last week’s budget, the Chancellor invoked orthodox financial thinking to argue that the national debt has to be reduced. Hence his logic for the…

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On Monday January 11, we kick off our 2021 webinars with a discussion on whether a rise in taxes will be inevitable to pay off…

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There is another side to the whole covid disaster that, perhaps for obvious reasons, nobody is talking about. Still, I have clearly begun to specialise…

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This is a video recording of an online event held on 6th May 2020

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The fiscal and monetary actions taken around the globe to tackle the COVID pandemic and protect the economy are eye-watering: equivalent according the IMF of…

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The eponymous estate of Mansfield Park; the stately home of Jane Austen’s great novel, was paid for from the proceeds of a Caribbean slave plantation….

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The Wall Street Journal reports ($) that Germany and France are considering offering Turkey a ‘financial lifeline.’ Well, what a surprise. What this means, of course, is…

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