Monetary
Highlights from the RBI’s monetary policy meeting – April 2024 – Announcements – beragampengetahuan – Beragampengetahuan
In the first meeting for the new financial year, the RBI Monetary Policy Committee kept the repo rates unchanged at 6.5%. This is the seventh straight meeting where the RBI decided to keep rates unchanged. You can find the link to the full report here 5 of the 6 MPC members voted to keep the […]
Rinse and repeat – Truss chaos – the new benchmark – William Mitchell – Modern Monetary Theory – Beragampengetahuan
For years, those who want selective access to government spending benefits (like the military-industrial complex and other parasitic sectors), while claiming the government cannot afford to provide adequate income support to the most disadvantaged citizens have used various ruses to give an air of authority or legitimacy to their claims. So in the UK, the […]
Bank of Japan’s rate rise is not a sign of a radical policy shift – William Mitchell – Modern Monetary Theory – Beragampengetahuan
Yesterday, the Bank of Japan increased its policy target rate for the first time in 17 odd years and it set the noise level among the commentariat off the charts – ‘finally, they have bowed to the pressure from the financial markets’, ‘major tightening’, ‘scraps radical policy’, etc – all the hysteria. The reality is […]
Difference Between Monetary & Nonmonetary Incentives – Beragampengetahuan
Motivating employees is integral to fostering productivity, engagement, and overall satisfaction in the modern world we live in today. Employers need to integrate various strategies to incentivize their workforce, with two main categories emerging: monetary and nonmonetary incentives. While both aim to encourage the desired behaviors from employees, they operate on different principles and yield […]
Bank of Japan Monetary Policy Outlook – Beragampengetahuan
The Bank of Japan (BOJ) is likely to put an end to its eight-year experiment with negative interest rates at either its next meeting on 18–19 March or—more likely—at the following meeting on 25–26 April. That is the view of almost all of the 18 economists polled by FocusEconomics. However, Bank of Japan monetary policy […]
My blog is on holiday today – William Mitchell – Modern Monetary Theory – Beragampengetahuan
Its that time of the year … I have a long flight today with a long drive from where I have been working this week to get to the airport and at the end of the various journeys will be a birthday cake (cue LC). The travel is to get me to where the cake […]
Can a film about modern monetary theory change our economic debates? — Cameron Murray ~ Mike Norman Economics – Beragampengetahuan
The entire trailer is Stephanie Kelton. When was her book published? Has that changed anything? I don’t want to be a cynic, but there are a lot of powerful people with too much to lose if MMT manages to change policy and the way we see things. There shouldn’t be an Art Degree “debate!” in […]
E.P. Thompson and why class remains an important organising framework – William Mitchell – Modern Monetary Theory – Beragampengetahuan
I have been travelling for most of today so I have to keep this post short. Well shorter than usual. Edward Palmer Thompson – who died at the age of 69 in 1993, was a British writer who wrote the exceptional book – The Making of the English Working Class – which was a very […]
The Smith Family manga – Episode 12 – the Season 1 finale – is now available – William Mitchell – Modern Monetary Theory – Beragampengetahuan
Episode 12 – the finale for Season 1 in our new Manga series – The Smith Family and their Adventures with Money – is now available. We will let everyone calm down from the excitement for a little while to give us time to write and draw Season 2, which will begin on May 24, […]
My blog is flying back to Australia … back Wednesday – William Mitchell – Modern Monetary Theory – Beragampengetahuan
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