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Richard J Murphy
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Comments by "" (@blackbulldog4897) on "Labour’s plans for private sector growth could just as easily deliver a recession" video.
@nickbarton3191 Reality is the size of the national debt (the net financial assets in the private sector) isn't the most important thing about it, it's more important to ask who has it and why.
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The way out of it is to have a political entity which will use the resources available to it for the public good. Doesn't look likely at the moment .
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@leejohnson3209 I'd disagree. They know exactly how to make it work for themselves and their donors.
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How about simply using the resources at it's disposal for the public good.
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@asumazilla energy security, food security, better resourced NHS, education system, infrastructure etc Problem is we can only do what we can do, it's all about the people we've got.
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@stephenhookings1985 £s can never leave the Sterling area. The name tags on them may change but they can never leave unless they are taxed out of existence. As for how they are eventually distributed, well, we all know the answer to that, don't we.
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@stephendavis5530 It's true that some inflation has been caused by price gouging post covid, ukraine etc. but inflation is rarely a simple matter. Interest rates merely transfer wealth upwards and increase the amount government spends so, in effect, they add £s to the economy. Generally, the relationship between rates and inflation isnt straightforward, blairfix has written extensively on the subject.
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