It is the term loan that is so misleading and could be misused to borrow from capitalists or abroad. Technically, it is not a loan either. The state can request that the people do the best they can and the state must help the people according to its ability. Then the state directs or helps the people by creating money…
Category: Banking and finance
Sweden: A strong position during the financial crisis without the euro
No euro helped Sweden's economy Sweden has historically chosen to stay outside the eurozone. This decision has given the country some financial flexibility and freedom of action in times of crisis. A clear example of this was the financial crisis. The affected world economy in 2008/2009. During this period, Sweden was in a position where we could pursue an expansive monetary policy to...
Family debts often cause crime
The austerity policy since the 1970s means that more and more children are growing up in financially indebted or vulnerable households. This is a major reason for juvenile delinquency. Poverty is the culprit that should be addressed with measures for equality. In the debate about gang crime, the government, with few political opponents, has chosen to take a harder line. Through a new investigation, they want to…
The truth about immigration
A conservative view is that a country can either have a sustainable welfare state or high levels of immigration. But that view is wrong. The fact is that we can achieve both a well-functioning welfare state and increased immigration. By using progressive taxes and government deficits to invest in making everyone in society feel good…
Your vote for a government building subsidy can save society and the climate
Vote for the state to reintroduce the construction subsidy https://agera.skiftet.org/campaigns/aterinfor-byggstodet A state construction subsidy to build cheap, good and beautiful homes as well as housing subsidies and regulations that lower the average rent to 25% of the salary of low-income earners can have positive effects on the economy. These measures can potentially reduce inflation, increase employment, promote societal output and reduce economic disparities. By increasing…
He who is in debt is not free - the untrue myth about Göran Persson and his heroic glory
"He who is in debt is not free." Göran Persson's trip to New York to ask for a loan and implement cutbacks has become a destructive and untrue myth in Swedish politics. But the story about the crisis in the 1990s and the need for budget consolidation is not correct. This is written by researchers Niklas Altermark, Max Jerneck and Elisabeth...
Resistance to deficits and investments leads to recession in Sweden
Resistance to deficits and investments leads to a recession in Sweden. According to a debate article by Daniel Suhonen and Enna Gerin, Sweden is backing away from Kataly's handfalls into the future. The Tidö government suffers from a morbid inability to grasp Sweden's problems. The country will probably enter a recession. Growth will be the lowest in the EU. Swedish households do not have…
Inflation peaked in July 2022 in the US but not the interest rate
Inflation in 2022 was due to bottlenecks in production due to the pandemic. The rate hikes did not stop inflation, according to Alan Blinder, former vice chairman of the Federal Reserve. Since July 2022, the rate of price increases in the United States has decreased. Unemployment is the lowest in 50 years. The rising prices are otherwise due to too little competition between the few dominant market players and too free pricing....
No government deficits – society's unnecessary straitjacket
Vote for bigger government deficits! Deficits are part of how the state regulates the market and protects citizens and nature. Neoliberalism attacks this. How is money created? Can we afford to work? Sweden's Riksbank's prize in economic science in memory of Alfred Nobel in 2022 suggested that banks have an important role for the social economy even if this can…
Extortion - our society's highest morality
The title may sound a bit absurd. But how many of us don't work with blood, sweat and tears? Time studies take place at workplaces. The aim is to get the most out of the worker in the shortest possible time as often as possible. If the worker cannot live up to this, even if only by a few percent, she is ashamed to death...