The Mudcat Café TM
Thread #162232   Message #3860016
Posted By: David Carter (UK)
10-Jun-17 - 06:47 AM
Thread Name: BS: Time to choose on June 8th-UK Elections
Subject: RE: BS: Time to choose on June 8th
Ake says:

"Yes I understand that "D", but our finances are finite..."

That is at best arguable, and at worst clearly untrue, in a country with its own currency. Our resources are finite, but our finances are not. Look up Modern Monetary Theory. Ok, it has its detractors, including Krugman as well as some Austrian school economists, but is quite clear that the size of the money supply is a political decision, not a hard limit.