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2026-05-31 13:02:22 CEST
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Ken Milmore on Nostr: Specifically, it seems to be a hot issue whether you could print money to directly ...

Specifically, it seems to be a hot issue whether you could print money to directly fund public spending (is that called "debt monetisation"?) or whether this would lead to serious problems. Corbyn/McDonnell seemed to advocate it, and it feels like the Greens might be moving in this direction too. I wonder how that relates to the gilt markets, and whether the government would be burning their boats on borrowing if they ever started printing money instead?