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Governments Are Never Dependent on Financial Markets
nakedcapitalism.com/2025/07/why-uk-and-us-governments-are-never-dependent-on-financial-markets.html
Yves here. To clarify Richard Murphy’s headline, he is not referring to all levels of government in the UK, but “Government” which in US-speak would be “Administration”. His point is that the UK and US national governments will never run out of currency and do not need bond markets to…
This story appeared on nakedcapitalism.com, 2025-07-05 10:29:03.