Comments by "Zetectic" (@zetectic7968) on "The government can never run out of money" video.

  1. Since the 1960's it has been argued the £ is overvalued & the Conservatives made a huge fuss when the Wilson government devalued the £. Since then the £ has fallen from $2.75 to $1.90 & further still to about $1.30 and we are told again that the £ is overvalued making our exports too expensive. The main problem is Oil etc is sold in US$ making it more expensive. There would be howls of "disaster" if the £ went back to $2/£ and €2/£. Wait to see what the exchange rate will be when North Sea oil finally runs out & we have to import 100% of our oil & gas.
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  2. You must be a joy at Xmas. I suggest you emigrate to the USA and live under the system you advocate.
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  3. Please explain why the economy performed so well for the last 14 years of Tory government.
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  4. The national debt was created by Pitt the Elder, has it ever been repaid?
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  5.  @tobymaltby6036  Yet we are not & never will be 1930's Germeny aka The Weimar Republic in you lifetime; so spurious point. Not as clever as you thought you were!
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  6. OP is a fool. House prices were sky high before QE. Not heard of the "Lawson boom"? It was Thatcher's deregulation of the banks allowing them into the mortgage market plus the "right to buy" that has driven up house prices because they went from a home to an asset and often a speculative one, plus stopping councils building houses to replace the ones they sold to tenants & leaving supply in the hands of an uncontrolled private sector. Don't talk about Post war British industry & its failure if you are ignorant and wrong about the subject.
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  7.  @adenwellsmith6908  No it doesn't if you misidentify the cause! Inflation caused by Brexit & the Russian invasion of Ukraine spiking energy prices. You really are not a smart as you think you are. Still a troll full of his own importance.
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  8.  @adenwellsmith6908  wrong again! Don't talk about history that you don't understand or only have knowledge of from a photograph.
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  9. OP look in the mirror to see a simpleton
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  10.  @adenwellsmith6908  Balderdash! It can but it spends money on other things or loses it through corruption i.e. PPE & "Test & Trace" If Slovakia can pay a high pension than the UK in comparative terms you argument is specious. GDP per capita: According to the search results, Slovakia’s GDP per capita in 2023 was approximately $24,470, ranking it 62nd among major economies.Legatum Prosperity Index 2023: Slovakia ranked 35th globally, but declined in the Economic Quality and Governance pillars.
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  11.  @adenwellsmith6908  Just a troll aren't you 🙄
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