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Countering the Cuts Article
Former Member
Posts: 1,876,323 The Mix Honorary Guru
0
Former Member
Posts: 1,876,323 The Mix Honorary Guru
Comments
Keeps on mentioning facts as a proportions and relevant too.
Still a decent read, but sounds like the person who wrote it isnt as shit hot on economics side of things. Im not an economist, but i spent a lot of time making up a fictional country for a training exercise and wrote a big ass economy section for it, which involved a lot of work.
It mentions that the economy myth is that we are not in as bad a situation as we have ever been before. The reference to the end of world war 2 makes me laugh!
What about World War 2 makes you laugh?
The Govt aren't saying that the debt crisis was caused by a bloated public sector, more that the Govt should reduce to sector to reduce costs. Basically we cannot afford the current set up.
The fact they compared financial situations with a time when we were being armed and supplied cash by the yanks. Completely different situation.
This lot of time you spent ...did it cover governments creating and distributing their own money instead of having rivate central banks doing it for profit?
Every diollar or pound printed carrying six percent interest to a group of private for profit bankers?
As opposed to governments printing and circulating their own currencies without having to pay a private profit making organisation?
If the government produced the money out of thin air instead of international banking families producing it out odf thin air ...we would have little or no debt?
Every pound or dollar created ...is created as debt to private families ...did it cover that?