Comments by "antonyjh1234" (@antonyjh1234) on "Richard J Murphy"
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Energy comes to the earth and must leave again, if radiant heat is trapped, which it is by adding stored carbon, then not hard to work out it will warm up, we leave what cools us, ice, out in the open. We can slow it down, all of this is just choice but warmer temps are happening increasing water vapour, no statistics agree with you, of course we can affect it, as we do, stopping what we do must also have an affect.
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@snowiecat456 We use oil every day that other people have been removed from living. Don't think it is other people, your actions if they continue to drive, use roads, any nylon, any oil product, we talk of compassion while wearing the oil and resources that has happened through war since time began, this computer is from that oil, then we talk about how compassionate we can be, is hypocrisy and guilt over understanding why things are done for us, our system, that we try to excel in. How many people will stop using the products before compassion?
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What is the debate you are proposing because I don't see one in your comment, I see someone say the mmt model has no argument against it and if they did it would be like talking to a flat earther so at the risk of that I would like put to forward one or two.
It costs around 4 cents per hundred dollars to create this debt, we pay it back full value, with our lives and efforts.
The issue with creating debt out of thin air and calling it money and other people think it is valuable is if the world says I don't want to hold American money anymore or UK and like Brics, will take value for value of goods and in a world where goods may be the only things valuable, that holding something that is just a means of exchange, backed by nothing but our belief, that can have issues.
The other issue is this debt is being created, it enters the economy as money spent by govts, where we have no choice where that spending goes, we are supposed to wait for the trickle down and be happy, that money or energy could have been directed in any way, it doesn't really matter if we all stood on our heads, as long as the money enters it must leave again but to say all this effort from us the public to be forced to earn bank debt, to exchange it to live has issues that need to be discussed more than it's the economy, nothing to see here, let's move on.
I think it would surprise a lot of people that money doesn't build up in the system, that taxes make money disappear, the public education system teaches people to get a job, just to earn debt. For all the value of the property in the Uk, there isn't the money to buy it. Most people think they have to just get some money because there's so much of it, they don't realise for new money to come, new debt must be made, give people that belief that all money is bank debt, I doubt as many people would steal it.
There's certainly debates to be held around this term what we call money and the lack of understanding amongst the public and why we should let that continue without directing that energy towards sustainability or the health service but surely we could do better than war and real estate.
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@ China is one of those countries that will lose half, that is 5-600 million people gone, if the gross domestic value stays the same, say with inflation in that time, the GDP per capita will double while they produce zero growth in overall value so in this case GDP per capita could be deceptive.
We need to have, in my opinion, growth mean that every single person has food, shelter and medical care, in the world and stop looking at how much a country increases production in a world that has stopped growing, almost.
If the world is a business and the next 80 years there is 40% growth rate of customers instead of 400% over 80 years, then growth during a great settling that humanity seems to have coming is a wrong goal.
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