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Greg Greg
The New Statesman
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Comments by "Greg Greg" (@SlowhandGreg) on "Rishi Sunak “completely misread” inflation | Andrew Marr | New Statesman" video.
If you pump 700 billion into the economy which then trickles up during the pandemic it would be a good idea if you taxed it because the huge increase in money supply has a huge impact on inflation You need a wealth tax or this will keep spiraling Quote Luxury goods boom in Britain as super-rich youngsters buck the recession Rich kids fuel sales of brands such as Burberry, Louis Vuitton and Gucci They’re young, rich and mortgage-free, and the scions of the 1% are having a roaring twenties. Despite the economic gloom currently shrouding the UK and many other western countries, sales of luxury brands have been booming and growing numbers of buyers are young adults. Swiss watches, Louis Vuitton trainers, rare Birkin bags and 81-year-old whiskies are among the products that are fuelling impressive growth in the bottom lines of luxury brands such as LVMH, Burberry and Kering.
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there free market trickle down zelotes if your mindset is that way you double down and shrug your shoulders look at the Truss bunch still claiming she was right
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I don't think you could get a wealth tax past the MSM and establishment though it would help Asset holders because at the moment Asset values could fall by as much as 20% so what's 3% now and next year against that backdrop there so fkin greedy they can't see past tomorrow?
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