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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

766 Followers  |  835 Following  |  774 Posts  |  Joined: 10.11.2024  |  2.0053

Latest posts by chartalist.bsky.social on Bluesky

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In todayโ€™s The National.
Scottish Currency Group (SCG) Launch website and look forward to upcoming conference with an assortment of great speakers. Still tickets available for this weekend online or in-person

24.10.2025 13:55 โ€” ๐Ÿ‘ 2    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Launch of the Scottish Currency Group website Press release: A milestone for Scotland's sovereign future

Launch of the Scottish Currency Group website bylines.scot/news/scotlan...

23.10.2025 10:15 โ€” ๐Ÿ‘ 4    ๐Ÿ” 3    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0
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Launch of the Scottish Currency Group website Press release: A milestone for Scotland's sovereign future

Press release announcing the launch of the Scottish Currency Group website.
Great start to conference week. Explore the website and book your seat for the weekend.
This is a fantastic advance on the journey to a viable independence and a peopleโ€™s economy
bylines.scot/news/scotlan...

22.10.2025 19:29 โ€” ๐Ÿ‘ 6    ๐Ÿ” 2    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Scottish Currency Group ยป Enabling Scotland's economic and political independence via full Scottish currency plan Scottish Currency Group โ€“ Enabling Scotland's economic and political independence via a full Scottish currency plan

Please visit the Newly launched Scottish Currency Group website.
Conference news, archives of informative content, monthly newsletter and much more.
The state of the UK economy highlights how important a sovereign currency is to Indy Scotland

scg.scot

22.10.2025 10:52 โ€” ๐Ÿ‘ 1    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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The fear of BIG numbers Many of the most influential policymakers may be unaware of their affliction

The fear of BIG numbers bylines.scot/opinion/the-...

19.10.2025 11:28 โ€” ๐Ÿ‘ 3    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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The fear of BIG numbers Many of the most influential policymakers may be unaware of their affliction

The fear of BIG numbers bylines.scot/opinion/the-...
"Unaffordability is, of course, the most obvious symptom of the fear of big numbers in politics."

20.10.2025 06:33 โ€” ๐Ÿ‘ 2    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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The fear of BIG numbers Many of the most influential policymakers may be unaware of their affliction

The fear of BIG numbers bylines.scot/opinion/the-...
#MMT please share this article

19.10.2025 21:43 โ€” ๐Ÿ‘ 1    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Michael Hudson explains the problem of asset price inflation.

19.10.2025 15:15 โ€” ๐Ÿ‘ 9    ๐Ÿ” 2    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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The fear of BIG numbers Many of the most influential policymakers may be unaware of their affliction

Many of the most influential policymakers may be unaware of their afflictionย |ย David Murray

@chartaist.bsky.social

19.10.2025 07:47 โ€” ๐Ÿ‘ 12    ๐Ÿ” 4    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 1
William Thomson, Dirk Ehnts - Should an independent Scotland adopt the EU fiscal rules? - Brave New Europe An independent Scotland would likely start life with a substantial public deficit so adopting the EUโ€™s fiscal rules would mean austerity. William Thomson is a political economist and has worked for al...

Indy Scotland cannot blindly jump into the arms of EU. There are consequences, good & bad and must be analysed/debated openly. As Scots & European citizens, we want to play a part in Europe's development. Serving the ordinary people may be best done outwith the EU
braveneweurope.com/william-thom...

14.10.2025 12:36 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0
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Bylines Scotland Radio: Barbour and Roche Ep.1 Two grown men desperately try to make sense of politics

From arms, civil rights, governments appeasement, and more. Have a listen on this great podcast discussion with @cluthaman.bsky.social and @ronniebarbour.bsky.social!

13.10.2025 07:36 โ€” ๐Ÿ‘ 30    ๐Ÿ” 15    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Never did work out what that line was.
Another of lifeโ€™s small mysteries solved.
Itโ€™s going to be a good day

12.10.2025 09:15 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Spread the understanding. Please share
From @bylines.scot

11.10.2025 20:14 โ€” ๐Ÿ‘ 4    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Veggie pie, recommended by cows and turkeys worldwide Foodie Friday returns with a tasty festive alternative โ€“ veggie pie

Foodie Friday returns with a tasty festive alternative โ€“ veggie pieย |ย Ian Kinsey

10.10.2025 17:03 โ€” ๐Ÿ‘ 4    ๐Ÿ” 2    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Banks do not lend out deposits An informed public, understanding the UK money system, would be less duped by false framing

An informed public, understanding the UK money system, would be less duped by false framingย |ย David Murray

09.10.2025 09:00 โ€” ๐Ÿ‘ 14    ๐Ÿ” 6    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 1
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How to own Scottish energy How Scotland could publicly own its wealth of energy resources

How to own Scottish energy bylines.scot/opinion/how-...

09.10.2025 08:08 โ€” ๐Ÿ‘ 2    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

But only if the banks agree to the regulations set down by the national gov through the central bank. Commercial banks are essentially agents of the gov. They have to play by the Govโ€™s rules. Sometimes Gov acts like this is not the case to justify harmful policy. Hence the charade of CB independence

08.10.2025 21:03 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Banks do not lend out deposits An informed public, understanding the UK money system, would be less duped by false framing

An informed public, understanding the UK money system, would be less duped by false framingย |ย David Murray

@chartaist.bsky.social

08.10.2025 07:27 โ€” ๐Ÿ‘ 24    ๐Ÿ” 14    ๐Ÿ’ฌ 2    ๐Ÿ“Œ 1

I agree. There is an awful lot of certainty asserted in the current economic debate. The writing I do is trying to widen perspectives on what is possible by pointing out misconceptions. The sub-heading may be over simplistic but that often is the case. Do you agree with the wider points?

08.10.2025 08:14 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0
โ€œMajor Major's father was a sober God-fearing man whose idea of a good joke was to lie about his age. He was a long-limbed farmer, a God-fearing, freedom-loving, law-abiding rugged individualist who held that federal aid to anyone but farmers was creeping socialism. He advocated thrift and hard work and disapproved of loose women who turned him down. His specialty was alfalfa, and he made a good thing out of not growing any. The government paid him well for every bushel of alfalfa he did not grow. The more alfalfa he did not grow, the more money the government gave him, and he spent every penny he didn't earn on new land to increase the amount of alfalfa he did not produce. Major Major's father worked without rest at not growing alfalfa. On long winter evenings he remained indoors and did not mend harness, and he sprang out of bed at the crack of noon every day just to make certain that the chores would not be done. He invested in land wisely and soon was not growing more alfalfa than any other man in the county. Neighbors sought him out for advice on all subjects, for he had made much money and was therefore wise. โ€œAs ye sow, so shall ye reap,โ€ he counseled one and all, and everyone said, โ€œAmen.โ€
โ€• Joseph Heller, Catch-22

โ€œMajor Major's father was a sober God-fearing man whose idea of a good joke was to lie about his age. He was a long-limbed farmer, a God-fearing, freedom-loving, law-abiding rugged individualist who held that federal aid to anyone but farmers was creeping socialism. He advocated thrift and hard work and disapproved of loose women who turned him down. His specialty was alfalfa, and he made a good thing out of not growing any. The government paid him well for every bushel of alfalfa he did not grow. The more alfalfa he did not grow, the more money the government gave him, and he spent every penny he didn't earn on new land to increase the amount of alfalfa he did not produce. Major Major's father worked without rest at not growing alfalfa. On long winter evenings he remained indoors and did not mend harness, and he sprang out of bed at the crack of noon every day just to make certain that the chores would not be done. He invested in land wisely and soon was not growing more alfalfa than any other man in the county. Neighbors sought him out for advice on all subjects, for he had made much money and was therefore wise. โ€œAs ye sow, so shall ye reap,โ€ he counseled one and all, and everyone said, โ€œAmen.โ€ โ€• Joseph Heller, Catch-22

anyway already seeing this classic make the rounds once more

03.10.2025 14:28 โ€” ๐Ÿ‘ 360    ๐Ÿ” 79    ๐Ÿ’ฌ 8    ๐Ÿ“Œ 6

Nobody mentions that the Conservatives core message for the last Holyrood election was "Vote for us to stop a second referendum".
Relatively few voted for that, therefore, there should have been a second referendum straight after the HR vote.
Again, predictable and dishonest

03.10.2025 08:12 โ€” ๐Ÿ‘ 4    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Isn't it odd* how unionists still insist that the throwaway comment 'once in a generation opportunity' was some king of contract that must be abided by, but BetterTogether's Vow and actual promise of a federal UK within 2 years can be ignored.

* By odd I of course mean predictable and dishonest.

03.10.2025 07:05 โ€” ๐Ÿ‘ 143    ๐Ÿ” 62    ๐Ÿ’ฌ 9    ๐Ÿ“Œ 2
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Not Your President Not My King Not Your President Not My King

open.substack.com/pub/mrjimbob...

24.09.2025 08:36 โ€” ๐Ÿ‘ 2    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Modern Monetary Theory: A Primer A beginner's guide to the world's most controversial monetary theory

www.asomo.co/p/modern-mon...

23.09.2025 17:37 โ€” ๐Ÿ‘ 2    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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The change required if Scots are to beat poverty and Reform Until the wider public understand that poverty is systemic in the current system, change is impossible

"Much of the art of the government as currency-issuer has been lost in recent decades. One example of this is the knowledge that the government has the ability to employ all idle resources"
bylines.scot/politics/the...

22.09.2025 12:53 โ€” ๐Ÿ‘ 3    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0
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Would an independent Scotland be on the hook for U.K. trade deals? What independence campaigns need to know about legacy trade deals to avoid fish hooks in foreign investment

Share this article from @bylines.scot

Share this article from Bylines bylines.scot/news/economi...

21.09.2025 20:55 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Share this article from Bylines

21.09.2025 20:54 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

In Scotland - Scotโ€™s should call the shots

16.09.2025 12:03 โ€” ๐Ÿ‘ 4    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Home truths, where is Scotland after 26 years of devolution? With the Holyrood election approaching fast, Scotlandโ€™s political presence and future is examined at the Kirkcudbright Festival

Home truths, where is Scotland after 26 years of devolution? bylines.scot/news/scotlan...

18.09.2025 19:34 โ€” ๐Ÿ‘ 2    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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The spectrum of national sovereignty - Bylines Scotland Our politicians must recognise the importance of maximising the quality of Scotlandโ€™s sovereignty. Sterlingisation is the lowest of low bars

The spectrum of national sovereignty bylines.scot/news/economi...

17.09.2025 13:15 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

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