Comments by "Karl Kerr" (@karlkerr7348) on "maneco64" channel.

  1. Commodities based currencies are the way forward and BRICS leading the way with their mineral rich countries.
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  2. Wages have fallen 40% in real terms!!
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  3. Ever wonder why Nixon took the US $ off the gold standard?
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  4. US got mad with Saddam when he want to sell iraq 🇮🇶 oil in Euros! Regime change 😅
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  5. Fiscal policy anyone!?
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  6. Was there ever sound money?
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  7.  @ebonytv3414  absolutely 💯
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  8. Inflation: socialism for the rich
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  9.  @pessi6185  that's the real reason he got murdered.
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  10. Leveraging balance sheets to keep shareholders happy.
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  11.  @davebellamy4867  that's why Nixon took the US Dollar off the gold standard 👏
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  12. Debt will continue to grow whilst the populace put up with austerity
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  13. Thatcher is not a good reference point for running an economy. She destroyed the British economy, destroyed industry and deskilled Britain.
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  14. BRICS will surpass G20 and G7
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  15. How about fiscal policies?
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  16. Ever wondered why US redirected military forces to Ukraine away from Afghanistan!? More money 💰 to MIC, Blackrock, etc
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  17. Money 💰 has always been a trick. It is debt after all.
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  18. Governments need to reset the wealth imbalance, thats why we have high inflation. All that MIC and Covid money going to already rich contractors and spending it on goodies. The Luxury goods market never been so buoyant. Didn't you see Mrs Zelensky in Gucci the other day!?
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  19. Thatcherism caused inflation, devalued sterling and imported expensive goods, imported inflation.
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  20.  @backwoodsbungalow9674  agreed, covid spending, but was thinking more of using taxation on super profits, that would incentivise corporations to check their prices downwards? 🤔
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  21. The Western economy is over leveraged, its gonna end in tears.
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  22. MMT takes into account availability of resources when it comes to expenditure. Tories switched on the taps without considering the consequences of their actions.
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  23. Food inflation? Guess we are just imaging it at the checkout you dufus.
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  24. Monetarist policies cause these issues
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  25.  @pessi6185  in the UK 🇬🇧 the Tory government gave out huge contracts to private ppe contractors. A lot of them weren't fit for purpose and turned out to be friends of the government. Also a lot of private sector workers were furloghed during covid lockdown with public money 💰
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  26. Capitalism isn't happy until they've leeched all the assets owned by the Public and sold cheaply to the corporations.
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  27. The central banks are deliberately engineering a recession
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  28.  @maneco64  hi, agreed loose monetary policy, could tighter fiscal policy be used to contain inflation, ie a super profit tax? Or you think monetary policy ie increased interest rates the only option? 🤔
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  29. Mario spouting debunked monetarist nonsense.
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  30.  @johntrueconservative2547  a good Reasoned argument 👏
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  31.  @johntrueconservative2547  no, intelligent people have a discussion and debate, you can go back to the play yard now.
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  32.  @johntrueconservative2547  you can only live in one property at a time. I guess you keep your gold I'm the other one? 😄
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  33.  @johntrueconservative2547  that sounds fantastic! Good idea to rent one out, nice income stream there.
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  34.  @johntrueconservative2547  same here in UK 🇬🇧 its getting difficult for young people or anyone on a low income to get on the property ladder. At one one time you could borrow 3 x earnings to buy a property, then it went up to 7 x earnings, then of course this caused a bubble which burst and after financial crash lenders want huge deposits which folk just don't have, so get squeezed out.
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  35. Er, borrow more! Sovereign nations with their own currency can create more money. That's what the USA keeps doing, exploiting its reserve currency status.
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  36. You need to separate out cause and effect. Also there are different levels and types of liquidity.
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  37. More austerity on the way to bolster weak fiat currencies of EU, UK and USA
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  38. Government's create inflation and blame others for it!
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  39. Worse still it pays banks interest on money 💰 they've not earnt.
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  40. Public sector financing corporate welfare causing this inflation then expect joe public to pick up the tab!
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  41. You're conflating socialist ideology with an economic theory. They're not mutually inclusive.. Socialism is about wealth redistribution through progressive taxation, what has that got to with fiat currency. This was happening under the gold standard.
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