This ChunkyMark fella seems to understand exactly what’s going on: when Tories (or Republicans in the US) whine about how we can pay for infrastructure and necessary cultural and social amenities, we just have to remind them that YOU BASTARDS HAVE ALL THE MONEY.
You can also see the straight rant without the musical accompaniment, if you prefer it that way.
Starting to feel a small glimmer of hope that things might be starting to swing the other way on this side of the pond. Good conversation between ChunkyMark and Aaron Bastini here – https://www.youtube.com/watch?v=0IweDRHHX5k
However true this may be it is also true that the Central Bank in the U.S.A. has the unlimited power to create money and does so every time it spends on behalf of the Government. There actually is a magic money tree in your law.
All money is created from nothing for all practical purposes. Yes there is some cost in creating it but it is vanishingly small relative to the denominations created. Wealth on the other hand, isn’t. Wealth is created by the use of energy mediated by the use of money. The money is the easy bit. Of course you can create too much and cause inflation, but that only proves my point that money is made out of virtually nothing and in any amounts a sovereign government wants it to be.
There is never a limit to the amount of money a government sovereign in it’s own currency can create. There is generally a limit to how much is *wise*, of course. The conditions for a significant inflation in the U.S.A. are pretty well absent today.
Which doesn’t mean we shouldn’t fix the terrible imbalance between the rich and the rest.
it is becoming all to clear,so clear that even some of those who have supported the conservatives in the past that the sentiments and the understandings as presented in the rap are essentially true and are in need of alteration. the question is what kind of change, how much and how soon.
I thought I’d chock when I heard the president from Queens say how much he loved the workers this afternoon.
uncle frogy
I fully expect to have to justify saying this in court one day but I have said on multiple occasions that my tax policy would be “eat the rich.”
They are in the process of spending millions of Pounds replacing our weapons of mass destruction ,sorry
Nuclear Deterrent ,getting them from America ,there is no way GB could use them without permission
from America .
Also paying Billions to the Chinese for Nuclear power stations that may not be built .
But they tell me things I like to hear, and if I support them, I can be one of them. Yayyyyyy! Thunk!
I only wish to live long enough to piss on their graves; they like rising water so well.
@davidc1 – We haven’t used the last lot yet. Hinkley deal spectacularly stupid. Mother Theresa be gone next week…
Cross-posted from the Political Madness thread: Enjoy , Captain SKA’s anti-Theresa May protest song.
Now at number 4 in the UK singles chart, despite not being played on most radio stations.
Hmm, link @8 seems to be borked. I will try again.
They have all the money – well, that was the whole idea.
How other people pay for things is not their problem.