David Murray
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chartalist.bsky.social
David Murray
@chartalist.bsky.social
There are alternative economic stories where life/humanity is the hero and private business a trusty emissary.
Chartalism is the historical origin story to a better present and future.
Scottish Currency Group & Bylines Scotland writer
What people fail to realise is the amount of political choice involved in all the major decisions. The mainstream establishment would have everyone believe there is a narrow band of possibility - Thatcher’s “no alternative”, when in reality there is a wide vista of opportunity open to iScotGov
December 8, 2025 at 11:28 PM
What part seems unlikely to you? I tried to explain everything with recent historical precedent.
I voted Remain btw.
December 8, 2025 at 10:33 PM
You could be right.
December 8, 2025 at 10:30 PM
Additionally, @wbmosler.bsky.social states that the natural rate of interest is zero. If central banks accepted this and fixed zero-interest rate policy (ZIRP) to the overnight (bank) interest rate, the economy would have a sound foundation for inflation control.
moslereconomics.com/wp-content/u...
moslereconomics.com
December 8, 2025 at 2:35 PM
Interest has been around for as long as trade has been. It hasn't always been financial. Usury/lending with interest has been banned at times in many civilisations around the world because of the social effects, so it probably has an influence of public coordination.
December 8, 2025 at 2:31 PM
I really like my weekends and evenings. Let's have AI doing as much mundane and dangerous work as possible and have everyone work less days per week. Doesn't mean we can't still aim to improve living standards. And we'll all get more opportunity to educate ourselves, think, create and innovate
December 3, 2025 at 11:26 AM