Comments by "Delgwah" (@Delgwah) on "Russian Economy: OIL, RUBLE, GOLD: Predictors of the Future" video.

  1. Thank you Mark, so, let’s say the world trend is heading toward monetary inclusion, Example : A budget that includes money for everyone to take care of minimum monthly needs gets funded. GiveDirectly has picked a county in Kenya where it applied 10 million to 165-167 families. Data from that has shown that the theories put forth by Milton Friedman “+Money = +Inflation “. So far this isn’t happening! The other theory of John Maynard Keynes, “+Money = ++Economy”, also doesn’t seem to be happening. To a small extent a bit longer of a work day is put in, that is probably due to upgrade in tools. So my question is, why does the world not do a totally inclusive budget like this?
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  2.  @ginxxxxx I suppose “smoke and mirrors” propaganda being used to take away “funding” Jobs, factories, benefits, things of that nature. That wouldn’t be so bad if you could look in their eyes and see there was still going to be monetary income to keep a community, its businesses”jobs”. Let’s call it fire cracker economics. Rather then a box of light bulbs earned by longevity of a community, everyone is handed a fire cracker, only used once and the community is left with no economic means as those firecracker are used.
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