Comments by "boz" (@BOZ_11) on "Fads" channel.

  1.  @robanvisser8714  Kids under 12 aren't making much of anything. It's very difficult for capitalists to understand that the family is a commune, not a business.
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  2.  @GameFuMaster  doesn't work like that. Central bank could up rates just as Govt ups fiscal spending to act as inflation control.
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  3. There's no such thing as a Govt "revenue shortfall". A Fiscal deficit is not a debt (the money was not borrowed, it was created). The money to pay treasuries comes from the same place as fiscal spending (thin air). A “fiscal deficit” is a private sector surplus, i.e. it is income for you, I, and everyone else. Conversely, a fiscal surplus (a surplus sounds good, eh?) is a drop in private sector (our!) incomes. Don’t worry about outstanding treasuries, since sovereign Govts cannot involuntarily go insolvent. Worry about private debt (search for: credit delinquency). The proof is that the Tories created a record fiscal deficit in 2020/21, and inflation was below 3%. It only jumped to near double digits once the BoE raised interest rates and utility companies started price gouging (record profits were posted across the whole UK energy sector in 2022)
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  4. They know privatisation won't improve anything but degrade everything. The point isn't improvement, the point is profit
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  5.  @GameFuMaster  debt to gdp means nothing, since gdp bears no relationship to your ability to pay. gdp is not a fund 🤣🤣
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  6. rich got richer, poor got poorer
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  7. Keynes wasn't wrong about industrialisation and mechanisation giving us more leisure time; where he went wrong is completely underestimating the sociopathic business class's greed, who siphon all the wealth forcing workers to work more for less reward. If you were to adjust wealth distribution in 2024 to 1960s levels, we could have ~20-hour work weeks. What kind of a world it would be, without this BBC story from 3rd Feb 2022: "Rotterdam has confirmed it will dismantle a historic bridge to allow a superyacht built for Amazon founder Jeff Bezos to fit through". This is why we have food banks
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  8. Our company sold a bunch of office space during the pandemic, and then issued a two day in-office mandate in 2022 for HQ. The thing is, end of 2021, we had record profits and revenue, so the executives are happy to take the hit in profits and revenue, just to inconvenience their employees to a) not work from home since they hate their families, or 2) love to get dressed in a suit and get that physical deference from subordinates.
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  9. No tax breaks are as big of a cost saving than selling office buildings or ending tenancy contracts!
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  10. Advertisers, advertising to bots 🤣🤣🤣🤣 Money well spent
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  11. Universities and black cabs are analogues. 'The Knowledge' became redundant with the advent of GPS enabled maps, and universities became redundant with the advent of the internet.
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  12.  @aieverythingsfine  non-profit doesn't mean non-income. Kid. Profit is what's left after EVERYONE got paid. You mule
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  13. Milton Friedman was just a shill for Laissez-faire capitalism. Who else but capitalists would award him? Was it a poll of median income earners? Civil servants? Of course not
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  14.  @GameFuMaster  read and read gain. a chunky/high fiscal deficit requires higher interest rates. You either get it or u don't
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