Comments by "" (@charliemoore2551) on "The government can never run out of money" video.

@andyinsuffolk From one extreme to the other. Ask Chileans what they thought of such neoliberal nonsense.
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The shops were empty of consumer goods. But no one was hungry or homeless.
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@andyinsuffolk Um indeed. The Chileans elected a Communist government and the US backed a coup against it and imposed a constitution which imposed "freedom" from government. It was locked in by a voting system designed to make it impossible to reverse. It was so unpopular that even the impossible conditions it imposed were overcome and it was finally returned to democracy recently.
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@cleanhit777 But we don't have to repay it. And we're paying the interest to ourselves.
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Commercial spam
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@Tensquaremetreworkshop Um no. The inches are the measurements, not the wood.
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@andyinsuffolk Have you asked the ones who are hungry and homeless?
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@adenwellsmith6908 Yes. This is why we have something called a state.
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@adenwellsmith6908 "The state can have two currencies. " Why would it?
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@adenwellsmith6908 That declares that it can do that. It doesn't explain why it would.
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@Vroomfondle1066 Indeed it is. That's why we want democracy.
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@cleanhit777 The BoE was nationalised in 1946. It belongs to the UK government. It was made notionally independent by Gordon Brown in 1997. The arrangement was formalised by the Bank of England Act 1998.
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@eddieharris6004 Yes. Winston Churchill brought the Gold Standard back in 1924. That went well...
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Indeed. It encourages people to spend, which encourages people to produce goods and services, which creates wealth.
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@Tensquaremetreworkshop He or she is measuring space, things to fill it with, fastenings, tools and probably other things I am unaware of, not being a carpenter. There are as many of them as he needs to complete his task. The fact that each unit is fixed in value is irrelevant as the quantity of them isn't.
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@Tensquaremetreworkshop Not remotely puzzled. There always enough inches to measure the available materials and they can be designated in any measure he likes by agreement with other actors involved. It is the finite nature of the resources that matter, not the unit they are measured in.
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@Tensquaremetreworkshop Indeed. And there are as many instances (or copies) of that inch as you need! I'm starting to lose the will to live.
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@Tensquaremetreworkshop Money is for moving value, not storing it. That's like keeping you coffee in a spoon.
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@adenwellsmith6908 Bitcoin isn't fiat money. It's not money at all. It's just a scam. The scammers get dupes to fill it with value and then get out before it crashes
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@Tensquaremetreworkshop Nope. It's not one of the "required" properties. The only required property is that people trust it enough to make transactions without fear of getting something valueless in return. It is there to enable transactions.
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@Tensquaremetreworkshop Anyone who has wasted any time on modern economics courses understands absolutely nothing about the basics.
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