6. Start here: How Government Spending Actually Works and Why It's Different From What You Hear on TV

tinyurl.com/ynu2rkhd

I can see that I am the king of typos. Forgive me. :-(

5. Learn about it here: mmt101.substack.com/p/black-hole...

4. then they should be empoyed and paid by the state: they do not have a lack of finance.

As long as all resources are not already be put to use (and they rarely are) then it is crime if people are unemployed. It is a crime if the economy is not making use of their potential.

3. The government issues the UK pound - it can't run out. Finance is not limited - however resources are. That's the way to think about the economy - it's about marshalling limited resources.

If there are nurses and doctors without jobs and buildings for them to work in -

2. Licensed by the BoE, Banks can issue loans - whcih are then paid back: the add zero net new UK pounds to the private sector.

I'm guessing it's not you who is making money in your basement? So, follow the logic.

Economists and politicians need to learn how government spending actually works. What they have at the moment are stories derived from abstract theories based on unrealistic assumptions.

How does government spending work? Start here: tinyurl.com/ynu2rkhd

6. Start here: How Government Spending Actually Works and Why It's Different From What You Hear on TV

tinyurl.com/ynu2rkhd

5. That story matters: which is why I mention it and why I think it’s work understanding.

Learning about how the monetary system works and how government spending works gives us ammunition for what we are trying to do. Better lives for all - not just the ‘haves’.

4. private sector debt. When you know it’s all about resources and not about limited finance you can put pressure on politicians to do the right thing for citizens: free lifetime education; a wellbeing economy; better public housing; better services; better pensions and so on.

3. These things are important - and worth educating citizens about. Do that and we have angry citizens putting pressure on economically illiterate politicians.

Number on a spreadsheet don’t feed families - but governments investing in the private sector mean less

2. There is no shortage of government finance for governments like the UK and the US who issue their own currency. Taxes do many thing but tax revenues don’t pay for government services: all government spending is new money.

Completely unacceptable and, as we know, entirely political.
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2. Its criminal negligence not to realise the potential of every citizens: people are every countries main resource. Spend money on early years support, provide high quality housing and environments, provide lifelong education, eradicate poverty. It's stupid not to.

3. It's not 'a belief' it's a fact. Look up the phrase 'fiat currency' - then understand that that is how the US and the UK operate.

2. So, the issues is never 'is there enough money', the issue is always 'are there things to purchase with that money'. And when there are not enough things - trying to purchase them pushes up their price. I.e., the limit is inflation not a technical inability to issue currency.