Comments by "Safir Ahmed" (@safirahmed) on "Austerity does not save money" video.

@Tensquaremetreworkshop There are credible and easy to implement solutions to reduce poverty, inequality, deprivation, destitution and homelessness. Austerity, poverty and inequality are political choices by politicians to maintain social and economic power of the wealthiest.
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@Tensquaremetreworkshop My comment refers to economic inequality. In terms of the World Government there are various organisations such as Central Banks, WEF, Trilateral Commission, UN and WHO, BIS, World Bank, IMF and billionaire foundations that work with governments around the world. The UK has a flawed electoral system that uses First Past The Post electoral system, complicated voter registration system, Photo ID resulting in large electoral majority for parties with low overall vote share and low voter turnout particularly low voter participation by the poor.
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@Tensquaremetreworkshop British Overseas Territories and British Crown Dependencies are still part of the UK and are therefore not foreign. Tax havens by their very nature are not taxed. The numbers in poverty increase in recessions as greater amounts of wealth is accumulated by those with the most wealth due to political policy as occurred during the pandemic and austerity years following the 2008 banking crisis.
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@Tensquaremetreworkshop Your comments are not true, someone paying tax does not benefit others. Ideas do not always generate wealth for those creating the ideas, and the top 1% have an effective tax rate between 0% and 0.6%.
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@Tensquaremetreworkshop The YouTube video channel to which you are commenting on has videos on this subject and perhaps you could watch those videos to gain the answers to your questions?
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The richest have become far richer by transfer of wealth from the poor to rich through trickle up economics.
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@Tensquaremetreworkshop Economic inequality reduction to reduce and alleviate poverty is what my previous comments referred to. I have not said anything about everyone earning the same amount. Harmonisation of taxation on earned income and unearned income such as investments will make taxation taxation fairer as a lower percentage of tax will be taken from those with the least wealth. British Overseas Territories and Crown Dependencies hold tens of trillions of Pounds of untaxed wealth and some of this wealth if taxed could be used to reverse austerity in the UK.
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@Tensquaremetreworkshop I have answered your questions but you do not answer mine.
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Bank of England spent £4 trillion on Quantitative Easing from 2009 to 2022 with £200 million spent in 2009. The majority of the Quantitative Easing has benefitted institutional investors.
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 @RichardBergson Bank of England spent £4 trillion on Quantitative Easing between 2009.and 2022.
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