Funding the Future

Richard Murphy and occasional friends talking about everything you need to know to understand the economy, tax, finance and how we fund our future.

Listen on:

  • Podbean App
  • Spotify
  • Amazon Music
  • iHeartRadio
  • PlayerFM
  • Listen Notes
  • Podchaser
  • BoomPlay

Episodes

Friday Oct 24, 2025

We’re told tax is a curse and even “theft.” That’s wrong. Tax is how we build a fair society. It plays an essential role in the funding of education, healthcare, and economic stability and justice. It’s how we express our shared responsibility. The real immorality lies in avoiding tax. In this video, I explain why tax is not a burden but the foundation of democracy itself.

Why 2% inflation?

Thursday Oct 23, 2025

Thursday Oct 23, 2025

Catherine Mann of the Bank of England says inflation will stay above 2%. But what if the problem isn’t inflation but is the target itself?
The 2% rule was invented in the 1990s to please markets, not to help people.
In this video, I explain why our obsession with hitting that number is crushing wages, stalling investment, and protecting the rich at the expense of everyone else.
It's time for an inflation policy that serves people, jobs, and the planet, and not financial markets.

Where's the UK debt crisis?

Wednesday Oct 22, 2025

Wednesday Oct 22, 2025

There’s a real debt crisis in Britain – but it’s not the one the politicians or journalists are talking about.
While Rachel Reeves and the media obsess over government borrowing, 4 million people are already in negative budgets, meaning they're unable to afford the basics of life without debt.
This video explains why the real debt crisis in the UK is about private debt, not public debt. It shows how austerity, low wages, speculative markets and broken benefits drive ordinary families into despair, all while the Treasury celebrates its so-called “fiscal discipline.”
I argue that government debt is not a burden; it’s a tool, but private debt is a real trap. Meanwhile, the Treasury's obsession with balanced budgets is leading Britain towards social collapse and, dangerously, towards fascism.
Watch, share, and tell me what you think in the poll below.

Tuesday Oct 21, 2025

Rachel Reeves says she needs to raise taxes to “balance the books.” But that’s not how government finance works.
In this video, I explain why that tax doesn’t fund spending, why raising taxes on most people now would kill demand, and why idle wealth, and not workers, should be taxed if anything has to be at this moment.
The government’s job is to sustain spending power, not drain it.

Monday Oct 20, 2025


Every pound of so-called “government debt” is a private financial asset. When the government spends, it creates money that becomes your wealth. Yet politicians pretend debt is a burden. In this video, I explain how our politicians' dangerous ignorance about the real nature of government debt drives austerity, destroys prosperity, and keeps Britain poor.
 

Sunday Oct 19, 2025

People keep asking why I still make these videos every day at the age of 67. The truth is simple: our economy is still deeply unfair. I’ve seen inequality, prejudice, and the injustice created by privilege all my life — and I can’t stay silent.
This is why I keep going: because another world is possible.

Saturday Oct 18, 2025

Donald Trump has built his entire political project on hype and delusion — the same ingredients that fuel every economic bubble. But belief cannot defy reality forever. When cruelty replaces competence and lies replace truth, collapse follows. In this video, I explain why Trump’s political and economic bubble is unsustainable, how tariffs and speculation are destroying US livelihoods, and why the far-right worldwide will fall with him.
Watch to the end — because when the bubble bursts, we’ll need to rebuild democracy, truth, and care.

Friday Oct 17, 2025

Why are Britain’s politicians so hopeless? From Tory fantasists to Labour deniers, Westminster has driven out the talented, the imaginative and the honest. The Conservative Party destroyed itself with Brexit and a cult of property and privilege. Labour has buried its belief in care, collective purpose and truth under Treasury orthodoxy. Both parties repel intelligence in different ways, one by demanding belief in the impossible, the other by denying what’s obviously true.
In this video, I explain how mediocrity became the political norm, why ideology now drives out ability, and how belief in truth and public purpose could still renew our democracy.

Thursday Oct 16, 2025

Britain’s housing market has become a Ponzi scheme — built not on value, but on debt, illusion and exclusion. Successive governments have turned homes into speculative assets, trapping generations in rent, despair and insecurity. In this video, I explain how tax breaks, financialisation and political cowardice created a housing system that rewards luck and age, not effort — and what must now be done to rebuild homes, communities and hope.

Wednesday Oct 15, 2025

AI doesn’t think. Crypto isn’t money.
Both claim to be revolutionary, but both are built on fantasy.
In this video, I unpack the shared myth that code can replace care, that hype can replace real value, and that speculation can replace society.
From the greed driving crypto to the fear driving AI, I argue that both reflect a deeper crisis in capitalism itself.

Copyright 2023 All rights reserved.

Podcast Powered By Podbean

Version: 20241125