MODERN MONETARY THEORY or MAINSTREAM MONETARY THEORY?

30 June 2019 — planning motive.com

mmt-goes-mainstream-pdf

The discussion on how to respond to the deepening Crash of 2019 is focusing minds. It is recognised that interest rate manipulation and regular quantitative easing will not suffice to bring the global economy back into growth, especially now that international trade is so fractured. Increasingly main-stream economists are dabbling with the direct injection of cash into the economy up to and including by-passing the traditional banking sector.

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Rainbows, dreams & ethical journalism By Terry Bell

29 June 2019 — Terry Bell Writes

South Africa seems to be obsessed with rainbow images. First there was that grand illusion of a rainbow nation, now faded. But it did, for some time, obscure, to a degree, rotten reality.

Now, with the latest State of the Nation (SONA) address we have what seemed to boil down to a “somewhere over the rainbow image” taken from that iconic Hollywood film, The Wizard of Oz. That 1939 movie, based on a 1900 fantasy novel, featured a young girl in dull, dusty Kansas, being swept up in her house by a tornado and landing in a glittering world “over the rainbow”.

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MH17: Turning Truth & Victims into Pawns By Gunnar Olsen

29 June 2019 — Land Destroyer

(Gunnar Ulson – NEO) – As the wreckage of Malaysian flight MH-17 laid scattered in eastern Ukraine, and many days before the first investigators even arrived on scene, the US had already blamed Russia and separatists it accused of aiding for the tragic downing of the passenger plane and the loss of all 298 people on board.