MMTUK Policy Research Group

98 posts

MMTUK Policy Research Group

@MMTUK_PRG

The UK's first MMT policy organisation. Evidence-based research on how government spending really works. Briefings for policymakers, analysis for everyone.

London, UK Katılım Ocak 2026

104 Takip Edilen448 Takipçiler

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MMTUK Policy Research Group@MMTUK_PRG·18 May

The UK pays £25bn a year to subsidise global gas prices. That's the Energy Price Guarantee cost. A price-shaper strategy; export levy, import attraction, public storage and baseline allocation for renewables. #MMT #JobGuarantee #UKEconomy mmtuk.org/research/energ…

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MMTUK Policy Research Group@MMTUK_PRG·25m

MMTUK Executive Director @PatriciaNPino's new energy policy paper has been published by @Cmmonwealth. Isn't it time you read it?

Common Wealth@Cmmonwealth

🚨 Hormuz shipping disruption & outages in Qatar have tightened the global gas market. Britain is highly exposed. 🧵 Our new briefing by @PatriciaNPino sets outs a plan for gas supply to stabilise UK energy prices & bolster security ahead of winter. common-wealth.org/publications/f…

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MMTUK Policy Research Group@MMTUK_PRG·3h

UK gas prices follow global LNG markets. Four policy levers can change that: a domestic anchor, import flow, a strategic buffer, and power-gas decoupling. #EnergyPolicy #UKEnergy mmtuk.org/research/energ…

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MMTUK Policy Research Group@MMTUK_PRG·19h

The UK is a currency issuer, not a household. We don't need to "find money" to reshape our economy for public purpose. #MMT #JobGuarantee #UKEconomy

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MMTUK Policy Research Group@MMTUK_PRG·20h

Many thanks for this useful addition Warren!

Warren B. Mosler@wbmosler

@MMTUK_PRG Additionally, the gov could/should simply/immediately hire in the normal course of business everyone needed to fill vacancies in the likes of the NHS, etc. substantially trimming that number.

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MMTUK Policy Research Group@MMTUK_PRG·1d

The Job Guarantee establishes a wage floor, serving as a price anchor without requiring unemployment. Up to 4 million people would benefit. #MMT #JobGuarantee #UKEconomy

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MMTUK Policy Research Group retweetledi

Patricia@PatriciaNPino·1d

There is a lot to be said about bond market speculative activity and how damaging that can be, but an under-reported issue is the damage commodity market speculation (e.g. oil) does to consumers.

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MMTUK Policy Research Group@MMTUK_PRG·1d

The UK government spends by crediting bank accounts. It does not "find money" first. Affordability for a currency issuer is about real resources and inflation, not balancing a fictional budget. #MMT #JobGuarantee #UKEconomy

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MMTUK Policy Research Group@MMTUK_PRG·1d

@Green_JohnCoyne Hi John, you might like to read our Job Guarantee policy proposal which we posted earlier in the year here: x.com/i/status/20265…

MMTUK Policy Research Group@MMTUK_PRG

1/5 MMTUK has published its Job Guarantee policy paper today. A permanent, voluntary programme offering paid work at a living wage to anyone willing and able to work. Up to 4 million people are expected to directly benefit. #MMT #JobGuarantee #UKjobs

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John Coyne@Green_JohnCoyne·2d

@MMTUK_PRG Job guarantee, as I understand it, is less inflationary than universal basic income. But I think that only works if the guaranteed jobs create stuff/services that people will want to buy (absorbing additional liquidity). Is that right and how is it achieved?

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MMTUK Policy Research Group@MMTUK_PRG·2d

Unemployment is not a force of nature. It's a policy choice. The Bank of England could offer every person a job at £15/hr today. It doesn't, because orthodox theory says joblessness is necessary to control inflation. #MMT #JobGuarantee #UKEconomy

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MMTUK Policy Research Group@MMTUK_PRG·2d

The UK issues pounds sterling. It cannot run out. Default on sterling debt is a choice, not a necessity. This changes everything about what fiscal policy can do. #MMT #JobGuarantee #UKEconomy

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MMTUK Policy Research Group retweetledi

Lola Books@LolaBooks·3d

New book! The Money Sham (Stephen Laughton) @MMTUK_PRG @GowerInitiative @Lizzieebeth lolabooks.eu/products/the-m…

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MMTUK Policy Research Group@MMTUK_PRG·3d

The UK imports goods people want to consume. We export goods we could have kept. Imports are real benefits; exports are real costs. Read our base case on trade. #MMT #UKEconomy mmtuk.org/education/mmt-…

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MMTUK Policy Research Group@MMTUK_PRG·3d

The Job Guarantee sets a wage floor at £15/hr. It ends involuntary unemployment without using joblessness as a price anchor. Up to 4 million people are expected to directly benefit. #MMT #JobGuarantee #UKEconomy mmtuk.org/research/job-g…

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MMTUK Policy Research Group@MMTUK_PRG·4d

UK gas storage injection closes this summer. That decision sets winter 2026/27 resilience. Storage capacity is one of MMTUK's four policy levers to bring prices back under our control. #MMT #UKEconomy mmtuk.org/research/energ…

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MMTUK Policy Research Group@MMTUK_PRG·4d

The climate transition requires real resources: raw materials, expertise, labour. A currency issuer can always afford to mobilise them. #MMT #JobGuarantee #UKEconomy

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MMTUK Policy Research Group@MMTUK_PRG·5d

The UK's real constraint is what we can make and do, not the numbers in the government's account. When we say "we can't afford" a Job Guarantee or renewable energy, we're asking the wrong question. #MMT #JobGuarantee #UKEconomy

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MMTUK Policy Research Group@MMTUK_PRG·5d

The question isn't 'How will we afford it?' The question is: do we have the real resources and spare capacity to deliver it? A currency issuer creates pounds when it spends. #MMT #JobGuarantee #UKEconomy

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MMTUK Policy Research Group@MMTUK_PRG·6d

Unemployment is not a market outcome. It is a policy choice. The UK could offer a Job Guarantee at £15/hr today and end involuntary joblessness while anchoring prices to the wage floor. #MMT #JobGuarantee #UKEconomy

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MMTUK Policy Research Group@MMTUK_PRG·6d

The UK issues its own currency. It cannot run out of pounds any more than a football league runs out of points. Spending creates the money; taxes destroy it. #MMT #JobGuarantee #UKEconomy

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Keşfet

@PatriciaNPino @Cmmonwealth @Green_JohnCoyne @GowerInitiative @Lizzieebeth @elonmusk @BarackObama @taylorswift13