The Treasury says there's no money. The Bank of England says it's independent. The OBR says the deficit must close. None of this is true. And the proof is in their own legislation. #UKPolitics #UKEconomy #Austerity #MonetaryPolicy #PublicFinance vincegomez.com/articles/art...

"Can the UK afford MMT?" is a category error. MMT isn't a radical spending plan. It's a description of how the British state already works — and has since 1971. The question isn't whether to adopt it. It's what to do once you understand it. #UKEconomics vincegomez.com/articles/art...