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Mark Welch
Richard J Murphy
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Comments by "Mark Welch" (@markwelch3564) on "The Bank of England is driving the UK economy into recession" video.
@Turbogaggers123 we spend our money, and we then have assets. I see no problem with this plan
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@sanshuma0 if people vote for arson, arson they shall get Accountability works both ways. The government needs to be answerable to the people, and people need to take responsibility if problems are caused by a government doing what the people voted for Because what is the alternative? If an independent authority doesn't answer to the people, who do they answer to?
4
@johanlantz1474 I'm not a fan of this. With no central anchor, your currency swings wildly at the whim of speculators with enough assets to run pump and dump schemes It's not a fun foundation for your finances!
4
So which public service do you want to close down?
2
@stephenelkington4971 that only makes sense if I see myself as completely isolated from society. I am not isolated, so a functioning society is more valuable to me than a growing bank account. What use is money if I live in a gilded bunker?
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@stephenelkington4971 Money's weird. I agree, if you don't have any, it's the most important thing in the world! Once you have enough though, more really doesn't make you much happier. In fact, too much is shown to make you paranoid and miserable. It's a very curious commodity
2
@danielpye7738 I'm tired of casino banking causing financial chaos. If they aren't part of the same society as us, no bailouts from us next time they crash everything We should protect ourselves, not the people who cause crashes
1
@danielpye7738 printing money is step one Taxing stagnant money is step two, which balances things so inflation stays manageable You are entirely correct that doing step one without step two would be very silly!
1
More people need to vote Green, and have a governmnent that will tax the people who caused this mess, so they contribute to helping clean it up!
1
@stephenelkington4971 that's easy! Can you join in with all the things your friends and colleagues do, and not panic about money at the end of the month? If you're confident you can, then you have enough. More money won't make you much happier than you already are
1