Comments by "Karl Kerr" (@karlkerr7348) on "Richard J Murphy" channel.

  1. The few are calling the shots and policies to double down on the many being implemented without restraint.
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  2. You need to join forces with @garyeconomics
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  3. The great Tony Benn posed the questions of parties and MPs by asking who do they represent, who sponsors them whose interests do they serve and importantly how can we get rid of you, vote you out.
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  4. You can get rid of Thieves but the same old neoliberal shit show will still be there
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  5. That gilt is Your savings.
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  6. More of the population have more personal debt than wealth.
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  7. The magic money 💰 tree right there! 😅
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  8. Consumers are being failed and governments are too weak or unwilling to introduce regulatory legislation
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  9. Reeves, sheze a Thatcherite monetarist who knew.
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  10. @marknaisby7384 14years of neoliberal success said nobody ever ever 😅
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  11. Its done deliberately to avoid critical thinking.
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  12. Think of money as one of Starmers pledges, they fail to materialise
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  13. National debt, a positive spin is that its structural deficit finanancing. Money required to maintain and stimulate the economy. Balancing the economy ie austerity could induce stagnation and economic collapse. Not a desired outcome!
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  14. The political economy is about choices.
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  15. Venezuela 🇻🇪 subjected to sanctions and US political interferance. Weimar as you correctly say was already an economic basket case and had to pay reperations in the victors currency.
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  16. Starmer Labour is for sale.
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  17. Higher interest rates is Totally what the uk Does not need right now 😢
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  18. NHS has deliberately under invested in real terms.
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  19. The one where the big brother kicks the younger brother about, that special relationship?
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  20. Taxpayers money 💰 is one of those euphemisms, since governments spend money first.
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  21. Gary Stevenson argues it's a countervailing measure to combat wealth inequality. Are you saying his premise is incorrect?
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  22. Magic money tree 🌳
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  23. You cant do socialism in a capitalist market economy. The corporations wont allow ir.
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  24. Wealth inequality ever more wider
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  25. It's a commodity of last resort
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  26. We will all be replaced by AI bots anyway
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  27. We need Public investment, hell will freeze over before the private sector do anything good for society
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  28. Your bank loan is a bank asset, simples.
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  29. MMT wont feature since we are in a neoliberal system and government's bow to capital and financial markets and institutions Not the other way around.
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  30. Defending Inequality.....
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  31. Left, centre and right are meaningless labels. Lets use humanity, decency, kindness
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  32. Ruling and governing is more important than necessarily doing the right thing for the country, thats the ruling class msntra.
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  33. No, He didn't, you were not listening at all. Richard was saying spending comes first. Government creates the money, ie debt and cancelled out by your taxes. Deficits occur when debt creation, money exceeds tax revenues. This why there are debates about wealthy paying more tax to close the deficit (and other reasons too)
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  34. We could of had Corbynism but you saw what happened to that project
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  35. NHS being privatised, quelle surprise
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  36. Trump would be worse than Putin
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  37. Huge balance of payments deficit. Needed dollars.
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  38. You've got it 👍
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  39. Absolutely 💯 that's what's PFI WAS Always about
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  40. Removes excess money from the private banking sector
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  41. Another pledge to he broken
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  42. Get of All of them. Totally incompetent and not fit for purpose
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  43. Whilst capitalists rule over us there won't be any social policies to benefit the many.
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  44. Biden, Clinton, Obama, Bush, warmongers who destroyed the Middle East to tell Trump that peace is a bad thing!? Listen to yourself you fool!
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  45. Labour should be done the Trade Description Act!
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  46. Probably Tony Benn
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  47. Interest rates are the cost of capital, so if that goes up so does cost of private borrowing, so demand drops off and in turn price increases ie inflation. Costly mortgages brings a decrease in housing demand and prices.
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  48. ​@GhostOnTheHalfShell Shame Rachel Reeves doesn't understand this, she must of been trained as a monetarist, being a former BoE employee 😅
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  49. ​​​ @GhostOnTheHalfShell public debt is private savings so national debt is never an issue. However, too much Private debt that commercial banks lend can be a big problem. Remember Northern Rock, it looks couldn't borrow short term money got badly burnt and had to be rescued by BoE.
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  50. Youve so hit the nail on the head with wrt to the true purpose of austerity, driving us towards private sector 'solutions'.
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