Comments by "Kevin Hicks" (@Hickalum) on "The national debt is something to be celebrated" video.

Yep, a little misinformation can work wonders for one’s mental health.
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@physiocrat7143 ; I have been watching the good professor’s channel for a while and I am coming the conclusion that ‘modern monetary theory’ often appears backwards and bonkers because it is.
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Has he got it back to front again ? The £10 in my pocket is a promise from the BoE, which is owned by the government, to pay me £10. If I give it back to the government for a while then, for that period they no longer owe me £10. Therefore National Debt is reduced - not increased.
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@JGS2295 No … A bond in exchange for a cash saving is not an IOU. It is a token that proves I am permitting the government to hold their IOU to me in abeyance until I ask for it back in exchange for said token.
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Only governments are incompetent enough to be in the business of forcibly extracting money from people and still come out bankrupt.
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And how come in the 60s we had free dental care, free prescriptions, free uni, free care homes ??? Or maybe one question answers the other !?!?
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@timwoodger7896 ; If you are lucky enough to £10 in your pocket you will see it is a promise from the Bank of England (which is owned by the government) to pay you £10. If you give that £10 note to the government for a while, for your savings, then for that period you have put their debt to you on hold, ie; Reduced government debt - not increased it … They even pay you interest as a token of their appreciation.
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@DewiSant-o3y; … imho he could make much better music if he played in a trio with other musicians instead of just ‘accompaniment’.
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