The Bank of England ‘losses’ are meaningless and should never be used to justify fiscal austerity

Created
Thu, 27/07/2023 - 13:52
Updated
Thu, 27/07/2023 - 13:52
We really get to see how absurd humanity can be when put in a neoliberal ideological straitjacket when we see serious discussion by serious and educated people about the government paying itself back for losses it makes by loaning itself currency that it issues as a monopolist. They conduct these conversations through the lens of…