The Neoliberal West is doomed – by its bankers

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Published by Anonymous (not verified) on Thu, 04/04/2024 - 7:47am in

Tags 

banks, China, Democracy, Economics, money, neoliberalism, Politics, Society

This is a good thread from Stephanie Kelton of Modern Money fame where she indicates how China understands money and uses it appropriately on the state’s behalf. Drawing on an old Bloomberg article, she says: “[O]ld-fashioned financial thinking [says] that the government should aim to balance its budget, but in reality China is already transitioning... Read more