Where Credit’s Due
@wherecreditsdue.bsky.social
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24 posts
Where Credit’s Due: Making Money for Ecosocial Justice. Reimagining public credit creation and building intersectional solidarity in and beyond Middlesbrough, UK: https://wherecreditsdueboro.wordpress.com/
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ChrisB
@chrisb2024.bsky.social
· Sep 3
The Great Money Myth
We seem to have forgotten that Britain's government, as the sole creator of the pound, doesn't need to tax or borrow to fund its spending. It creates new money whenever it spends. Taxes don't finance the government; instead, they create demand for the currency and manage inflation.
chrisblanduk.com
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