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Daimo
Richard J Murphy
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Comments by "Daimo" (@Daimo83) on "Richard J Murphy" channel.
You should probably distinguish between the rate of inflation and real prices. Of course the rate of inflation goes away, but we aren't paying 1200AD prices for a loaf of bread!
10
The love of money (mammonism) must end. It is not British, it's a foreign concept.
3
Just increase the national debt - it's a good thing according to you
2
Economists can argue debt is good with as many abstractions as they want - we all know it isn't. Debt is bondage, and immoral. Just because you can sell debt doesn't make it magically good. All these arguments are ex post facto. Nobody ever made them before the accounts went red.
2
@stephfoxwell4620 Good point
2
You are controlled opposition.
1
I have no idea whose side you're on. Debt might be good within the framework of MMT, but it's clearly immoral by any objective definition. Taxpayers were never asked if they wanted to rack up debt to back corporate savings.
1
@Spurros Not all currency is fiat.
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@Vroomfondle1066 Zimbabwe Gold
1