Example: The notorious Zimbabwe inflation was caused by a food shortage. It could have been cured by government spending to aid farming and imports of food. Instead, the government simply printed currency, which
Example: The notorious Zimbabwe inflation was caused by a food shortage. It could have been cured by government spending to aid farming and imports of food. Instead, the government simply printed currency, which created the illusion that the currency creation caused the inflation. The most recent ...
The 7 Deadly Innocent Frauds of Economic Policy 2010 by Warren Mosler (free pdf version, Video) He's the father of MMT. 2024May24 The 8th Deadly Innocent Fraud of Economic Policy - Myth: Raising interest rates works to slow the economy, increase unemployment, and bring down inflation. Red...
The ZCP also blames most of the specific problems of Zimbabwe on the greed of our leaders who dropped the Marxist-Leninist ideology which had informed the actions which brought them to power in 1980 as soon as it became convenient. Instead of empowering and uplifting the masses through the soc...
Example: The notorious Zimbabwe inflation was caused by a food shortage. It could have been cured by government spending to aid farming and imports of food. Instead, the government simply printed currency, which created the illusion that the currency creation caused the inflation. ...