Paul Stevens πŸ₯€πŸ’š's Avatar

Paul Stevens πŸ₯€πŸ’š

@pauldstevens.bsky.social

Eeyorish curmudgeon. Bristolian. #MMT

503 Followers  |  277 Following  |  1,167 Posts  |  Joined: 27.12.2023  |  2.0731

Latest posts by pauldstevens.bsky.social on Bluesky

Euthanise the Bond Market: Why It's Time to End the Reign of the Money Changers The UK gilt market turmoil exposes the bond market as an outdated relic. Far from enforcing fiscal discipline, it serves no public purpose. It’s time to modernise public finance and end the myth of β€˜b...

β€œThe UK government doesn’t need to β€˜borrow’ in any conventional sense. Spending by the government is an act of money creation … Gilts are not a necessity but a political choice.”

new-wayland.com/blog/euthani...

23.11.2025 17:13 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

What could Starmer’s Labour possibly impose that could change the UK for the better? He, and it, are all about β€œgrowth” (whatever that is), through Thatcherite economics: cuts, β€œbalancing the books”, β€œliving within our means”. We know that ain’t gonna work 😏

15.11.2025 14:35 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

So this is what immigrants refusing to integrate into society looks like.

15.11.2025 14:17 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

So this is what immigrants refusing to integrate into society looks like.

15.11.2025 14:17 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Why do the Spanish put up with such idiocy?

15.11.2025 14:12 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Government shutdown threatens to delay home heating aid for millions of low-income families Millions of low-income families may face delays in receiving home heating aid due to the ongoing federal government shutdown

You will freeze, you will starve, and they will have lavish parties in Trump’s ballroom. Trump despises you. https://abcnews.go.com/US/wireStory/government-shutdown-threatens-delay-home-heating-aid-millions-127104760

03.11.2025 17:00 β€” πŸ‘ 1399    πŸ” 543    πŸ’¬ 41    πŸ“Œ 24
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No smoking 🚭

03.11.2025 14:52 β€” πŸ‘ 107    πŸ” 17    πŸ’¬ 3    πŸ“Œ 1

Hahaha!

03.11.2025 15:11 β€” πŸ‘ 6    πŸ” 3    πŸ’¬ 0    πŸ“Œ 0

Reform: a party run by public school-educated millionaires, for public school-educated millionaires.

Tl;dr, not a public school-educated millionaire? Don’t vote Reform.

03.11.2025 16:27 β€” πŸ‘ 2    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

Reform: a party run by public school-educated millionaires, for public school-educated millionaires.

03.11.2025 16:23 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

It’s ridiculous. And a political/ideological choice, not an economic/financial one.

30.10.2025 17:48 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Job: Podcast Producer at Message Heard in London, UK #jobs #hiring #mediajobs #podcasting

23.10.2025 12:18 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
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Tell your MP to strip Andrew of his dukedom More than five years after Prince Andrew defended his friendship with the convicted paedophile Jeffery Epstein on national TV, there are still questions over whether he took part in the abuse of young women. The prince has denied allegations in Virginia...

Prince Andrew stepped back from public life after defending his ties to Jeffrey Epstein.

Now he says he’ll stop calling himself the Duke of York - but it shouldn’t be up to him.

Tell your MP to strip him of his title. It only takes two minutes. ⬇️
https://goodlaw.social/9155af

23.10.2025 12:15 β€” πŸ‘ 83    πŸ” 31    πŸ’¬ 8    πŸ“Œ 0

Couldn’t happen to a nicer chap.

22.10.2025 14:59 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

β€œβ€¦the British press’s most unhinged fanzine dedicated to privilege and power” is winning at wordsmithery. Chapeau! πŸ‘ πŸ‘ πŸ‘

22.10.2025 14:58 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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Mike Graham tried to troll me once by pointing out to his numbskull acolytes that I use a pen name.

It was all going so well... until I pointed out that his real name is Archibald.

Hilarity ensued.

22.10.2025 14:44 β€” πŸ‘ 776    πŸ” 96    πŸ’¬ 55    πŸ“Œ 5
Post image 22.10.2025 08:22 β€” πŸ‘ 2727    πŸ” 1302    πŸ’¬ 106    πŸ“Œ 0

MMT doesn’t view government spending as β€œunlimited”.

22.10.2025 14:43 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Because right wing economics and authoritarianism can’t be seen to fail?

22.10.2025 07:37 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Edi Rama gets it. bsky.app/profile/grah...

22.10.2025 05:17 β€” πŸ‘ 2    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
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Visiting PM says UK paying price for Brexit with dig at Nigel Farage 'theatrics' Albanian Prime Minister Edi Rama referenced 'Brexit boats' and said leaving the EU had made Britons more depressed as he took a veiled swipe at Nigel Farage

β€œYou left Europe because you wanted less boats, and you have more boats. You left Europe because you wanted more investment. You have less investment. You left Europe because you wanted more happiness. Now you are depressed." Albanian PM
www.mirror.co.uk/news/politic...

21.10.2025 21:17 β€” πŸ‘ 473    πŸ” 205    πŸ’¬ 9    πŸ“Œ 16

That’s the long game, yes.

22.10.2025 07:30 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

That’s the bigger picture and one of the real rationales behind it. The β€œBritain’s full” narrative is just a Trojan horse.

22.10.2025 07:29 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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The government still insists tax funds government spending – and it doesn’t There was a fundamental flaw in the first line of the Executive Summary of HM Revenue & Customs' Transformation Roadmap, published, like many other government documents, just before the summer recess ...

It is. Especially when one considers that taxes aren’t a β€œcontribution” to anything.

www.taxresearch.org.uk/Blog/2025/07...

22.10.2025 07:27 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Tory policy is to revoke permanent residence (ILR) for everybody who does not earn Β£38k - deporting most nurses who have ILR

This is put in the video as "who is unlikely to contribute more than they cost"

NB: video does not say EU settled status is exempt

No govt since Idi Amin has done this

21.10.2025 20:53 β€” πŸ‘ 473    πŸ” 235    πŸ’¬ 33    πŸ“Œ 78

Reform voters won’t like what they get if they get what they think they want.

22.10.2025 05:30 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

It would be helpful if the Labour Party changed direction. Back to the Labour Party. But it isn’t going to. Few socialists remain. None in senior positions. It’s now neoliberal. It’s a lost cause.

21.10.2025 13:19 β€” πŸ‘ 4    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

And so it begins.

21.10.2025 13:11 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Surprised it took him so long.

19.10.2025 17:44 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

I do feel sorry for the staff. But the bigger picture is that gambling does more harm than good, and our high streets - as well as our country - would be better off without it.

19.10.2025 12:33 β€” πŸ‘ 4    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

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