Comments by "" (@col.hertford9855) on "Richard J Murphy" channel.

  1. Cutting the IRS, the agency that’s supposed to collect taxes and detect fraud? Odd one for musk to cut… I wonder why tax dodging billionaires want to not have the tax collector in an effective state…. 😂
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  2. That’s all it ever meant
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  3. “There will be no one left to blame”, no Richard, there will always be someone else to blame.
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  4. It always was, I’m not religious, but Jesus had a thing or two to say about it.
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  5. The main difference I see between economists regarding MMT is the extent to which it can be leveraged, not the validity of the concept. Oddly, the people challenging it usually support a concept of austerity which has zero supporting evidence of efficacy, and in fact large amounts of evidence to the contrary.
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  6.  @skyblazeeterno because the USA is the most influential country in the world. What happens there, happens everywhere. Kinda the point of the video if you had watched it.
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  7. Surely it’s more than that, it’s also creating wealth for the wealthy…. Again…
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  8. It’s all very well and good, but governments are still not considering what the societal implications of large language model AI.
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  9. My worry is not musk right now, it’s more the warlords that will fill the void if the US collapses.
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  10. I work in Pharma and have a very good regulatory knowledge. Every regulations is directly or indirectly about patient safety or product quality. Starmer seems far too trusting about the ethics of businesses.
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  11. Given the state of the US, I think it’s in our best interest to spend this on defence in the UK/EU/Canadian Defence Industry.
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  12. Labour seem to be incapable of acting quickly. It’s utterly ridiculous to be honest. Why can everyone else see it but not Labour?
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  13. I agree with this, Labour currently haven’t shared a vision of what they want to do. It disappointing as how can you have hope without something to hope for?
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  14. Joe Biden has blind spots on a few issues, but he is right on this.
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  15. My conscience is clean too, I did and they are, as expected less bad than the other lot who stood a chance of forming a government. Unfortunately it was a choice between rabid free marketeer neoliberals, or neoliberals.
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  16. 6th Gen fighters are a decade away, but other than carrier craft, there are European manufacturers of planes. The typhoon is better than anything Russia has. Then there’s the Grippen and the Rafalle. The UK is in a good position with the F35 as it has control of the flight system. The rest of the Europeans have to defer to the US. In many other areas the EU has stronger offering than the US. South Korea also has a really high end capability. What a fun time to be the defence industry. They are going to make bank.
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  17. Because it nonsense? Building more houses (e.g. reduce scarcity) would reduce housing prices. Rent controls too would help.
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  18. It’s quite widely acknowledged in academia. He’s done some explainers on the channel before.
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  19. BAE Systems is one of the largest European defence manufacturers. They collaborate on many project both with European partners, and the US. Also it’s common in defence contracts to insist on producing all, or part of an order domestically. The F-35 being a case in point. The UK are manufacturing some parts and are re writing the flight control system. Switzerlands contract ensures part of the order is entire manufactured in country.
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  20.  @marknaisby7384  so I take if your a neoliberal? Used two times and failed two times?
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  21. God no, I’d rather have a sensible pragmatist. The last three people with conviction to hold high office in my opinion were thatcher (who was utterly convinced in neoliberalism), blair (who was utterly convinced in his holy war in Iraq) and Sunak (who is utterly convinced in the pursuit of personal wealth). May would have made the list if she had taken over at a time she could have been free to follow her conscience (another rabid neoliberal). I want someone who has pragmatic views but is passionate about making UK a better place. Someone who can look at the best way of making change, not someone with a dogmatic views that they can’t change even when the evidence is clearly in front of them. Dogma is always a bad thing.
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  22. That’s the point Richard was making, we are prioritising tax breaks for the rich and overtaxing / underpaying / removing jobs of, the people who spend in the economy. You need to create demand which creates a need for businesses to then want to invest. Business does not invest unless they think there is a demand.
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  23.  @m0rafic1 definitely, he believed in the social contract.
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  24. Of course there are things we can do and have to do. We need to think about our political system, and if alignment with the EU is the clear priority.
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  25. Drop drama, my kids seem to do a hell of a lot of drama, very little of practical things like cooking or personal finance.
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  26. The way you judge if a party has won, is by the number of seats they have and whether they can form a government. Labour clearly won and have uncheck politics power for the next parliament. To deny this is to deny the objective reality of the political system. Are they guaranteed a second term? No,but no government is. They will need to earn it.
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  27. Also, it seems that technology has made it harder to find a suitable partner by making it a “value” market. Dating apps have made dating a commodities trading market.
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  28. The AV idea that the Tories insisted on proposing was a less representative system, so of course it failed. We need a proper PR system, the ones for the old EU elections would be a good place to start. PR isn’t a panacea though, there needs to be a bunch of constitutional change too, like reform of the lords (overall it works, but needs to have a clearer mandate). Use of citizens assemblies, and a proper level of constitutional safe guarding to protect us from rogue government.
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  29.  @Gibbonomics empathy is part of the basis of morality, along with social conditioning.
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  30. The obvious choice would be Torsten Bell, as he is a respected economist. Unfortunately he’s also a neoliberal and was one of the brains behind quantitative easing / tightening when he worked for Darling.
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  31. I mean, the Trump guy is literally talking about military invasions. I don’t think ancient “rights” mean a lot of a person like that.
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  32. As a tool it is increasingly useful, but It’s being at human reducing costs to increase margins and reduce tax rates for the top 0.1%, not drive human well-being.
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  33. It’s not how she says it, it’s what she says that’s the issue. John Major was bullied by the press for his voice, but his oratory is still amazing today (at 82). He sold people a horrible version of neoliberalism after all.
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  34. The economy is his biggest risk, most Americans and many republicans still support Ukraine 🤷‍♂️
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  35. I expect Thorsten Bell, an actual economist. He seems okay, but a bit too neoliberal
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  36. Completely missed the point there fellow. It’s all about the percentages.
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  37. He is taking about borrowing from the Bank of England and stop selling QE bonds back to the markets. He is not talking about borrowing from the markets which rip us off.
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  38. As a “customer” (or hostage as I like to call it) of Thames Water, I fully agree with this.
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  39.  @soulfuzz368  can you point me in the direction of your published works?
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  40. Just a small, but important point, the first manual vacuum cleaner was invented by Daniel Hess, the Hoover was invented by James Spangler in 1908. Please don’t credit James Dyson with anything more than refining the design. His ego is large enough already.
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  41. How about the rich, which includes millionaire farming land owners pay their fair share?
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  42. Richard covered it in another video, the issue is the rich have lawyers and will delay everything.
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  43. What’s important to note is it’s the dividends that it pays are the monies that are spent on projects, they don’t spend the money in the fund on anything other than stocks and shares.
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  44. Deficits don’t cause inflation. It’s usually when the surplus of goods to sell is lower than purchasing power of the market, driving up costs due to scarcity. That is why they want to freeze our wages to reduce our purchasing power. You can see this in action post Ukraine invasion where energy scarcity push prices up due to a bidding war. OPEC do this habitually to create scarcity by limiting the number of barrels in the market to keep oils prices high. There are other types of inflationary pressure, like wealth hoarding, or market stagnation, but this is the most usually given example.
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  45. As a natural monopoly, they can remain nationalised. In France the rail service is nearly entirely nationalised for example.
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  46. One of the driving reasons for some wealthy proponents of Brexit seems to be to be delaying this kind of transparency 🤷‍♂️. Sir Mogg, I’m looking at you…
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  47.  @meke04  major for his faults is always a brilliant orator. Starmer, less so 😅
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  48. Politics and economics are inextricably entwined. You can ignore significant geographical events as they impact economics.
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  49. Every election in the west since 2016 has been influenced to a greater or less extent.
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  50.  @count-beany you say YouTubers, but they are in a state of flux at the moment. Decreasing ad revenues, rising AI contents, the rise of reaction content, and just the effort of staying relevant to the algorithm can really affect them.
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