If you understand Modern Monetary Theory (MMT), please let me know if you are also desperate to understand why MMT proponents seem unconcerned that there is effectively only one sovereign state and only one state whose status as global-reserve-currency-issuer is (de jure!) higher than that of any other.

#economics #MMT #MonetaryPolicy #InternationalLaw #geopolitics

Despite heightened geopolitical tensions and escalating trade wars, the U.S. dollar’s global dominance is unlikely to fade in the near term, leaving Asian economies vulnerable to dollar shocks. https://www.japantimes.co.jp/commentary/2025/10/10/world/asia-and-dollar-dependence/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #usdollar #yen #yuan #currencies #forex #monetarypolicy #asean #china #us

There is debate over how Sanae Takaichi’s economic approach as the presumptive prime minister will differ from Shinzo Abe’s Abenomics amid challenges like inflation and a weak parliamentary position. https://www.japantimes.co.jp/commentary/2025/10/10/japan/should-it-be-called-the-takaichi-trade/?utm_medium=Social&utm_source=mastodon #commentary #japan #sanaetakaichi #abenomics #shinzoabe #boj #monetarypolicy #japaneseeconomy #inflation

Sanae Takaichi's election as leader of Japan's ruling Liberal Democratic Party on Saturday cast doubt on an early interest rate hike by the Bank of Japan. https://www.japantimes.co.jp/business/2025/10/05/takaichi-win-and-boj-rate-hike/?utm_medium=Social&utm_source=mastodon #business #sanaetakaichi #liberaldemocraticpart #bankofjapan #boj #interestrates #monetarypolicy

If you don't know what the International Currency Union (ICU) proposes and you want to understand, please read The Global Minotaur by Yanis Varoufakis.

If you want me to give you a summary, reply privately and I will find a way to get you the information in a format that makes sense for your time constraints.

#MonetaryPolicy #economics #geopolitics #politics #anarchism #revolution #activism #history