General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Curious Crow
Richard J Murphy
comments
Comments by "Curious Crow" (@CuriousCrow-mp4cx) on "Keir Starmer’s big mistake: confusing money with capital?" video.
I hope some real people get to watch this video. The comment section two hours after uploading is just full of bots pushing their masters agenda's. But on the actual subject of the video... Glue is a very good analogy for the role money plays in creating capital. One has to apply it correctly to make what you are forming stuck and remain strong over time. One also has to prepare the substrates properly. They have to be a tight fit before you apply the glue, as expanding adhesives don't add as much strength to the joint, and too much glue is messy, and can create other fitting issues. And the right adhesives used for the right applications in the right way provides the best fit and finish, and the lowest margins of error. You can see this in building and restoring historical furniture. However, in certain larger projects, simply using the natural qualities of the material in the right way can obviate or even remove the need for glue or physical fastenings. We see this in the intricate joinery in certain culture that exploit the characteristss of wood, and by accurate cutting in 3D, have built wooden buildings, that with careful maintenance and solid foundations have lasted for centuries. I pray we can find find the skilled builders all nations need. Too many of us have been exposed to bad workmanship and unreliable tradesmen. The world needs better craftsmen.
2
Sorry you don't understand your script. MMT is a descriptive not prescriptive model. And, even if you were were correct, what do you think decades of QE are? Who do you think got that money? It was helicopter money for corporations and shareholders. And QE was money bought into existence by the government to bailout corporations and shareholders. So please, stop talking about MMT, which is only a conceptual map, and talk about the actual territory, the real world which we all have to live in? You know, the same one in which those asset wealthy corporations know feel entitled to socialise their losses, and impose strict capitalism on the workers to pay for it.
2
Trying to solve long-term, structural problems with short-termism is not going to end well. Of course, FDI sounds wonderful, until you understand that it's putting the cart before the horse. If we don't invest in ourselves, why should anyone invest in us? And our workforce is ageing, and our workers need more help to up skill or retrain. We not ready for the range of infrastructure project we need to form the foundation of sustainable economic development for this century. And we have manpower shortages in infrastructural sectors. So Kier Starmer talking to Silicon Valley Brahmins and Banking Merchants is a walk on a road to nowhere, because we still need improvements in manpower and infrastructure to support our expansion into the Digital Economy. We haven't invested in ourselves, so why would anyone else? And if he's just networking for donations, without the infrastructure and manpower being up to the standard needed, he might as well be Oliver Twist for money instead of gruel.
1
Gobbledegook. They own all the debt already. Kier can't give them anything. It's already gone over nearly all the 50 past years.
1