Legendary Apophis wrote:I don't expect the posters here to want a MadMax society, just they maybe want a gov led by the theories of some Austrian neoclassic economist...(market rules prevail above everything, state only for police/army/order and all that stuff)
(probably not but well felt like poking with it)
What i would like to see is the restoration of local council power and the restoration of our counties as they used to be. now we have regions, the counties have been unified into bigger regional blocks...otherwise known as centralised power...otherwise known as socialism.
Legendary Apophis wrote:What you said was one of the main answers I expected. IncreaseIncreaseIncrease money amounts by producing it
Nope, it is not "increaseincreaseincrease". the most successful money ever created by man was created by Henry the first which last 800+ years. it was known as the tally stick system. tally sticks were made of wood which had notches cut into the wood. the amount of notches cut into the wood indicated the denomination. the wood was then split length-ways, 1 length was spent into the economy by the king/Govt, the other was kept to prevent counterfeiting. this money cost very little to Govt to produce and had no debt attached...unlike our money today which comes with debt attached.
There is nothing stopping the Govt from doing the same thing. taxes would only be needed to remove old money from the system and introduce new money spent into the economy via public works such as new hospitals, schools, roads, bridges etc etc etc, this tax would be minimal as there would be no debt to pay. inflation would be a thing of the past....
The alternative is to carry on watching the worlds global economy burn and the destruction of your purchasing power via increased taxes (such as what this topic is about) and deflation.
“Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money.” – Sir Josiah Stamp, Director of the Bank of England (appointed 1928). Reputed to be the 2nd wealthiest man in England at that time.
Legendary Apophis wrote:...increase of monetary mass well in economy courses we usually learn it leads to...inflation.
Thanks for proving my point...
Is that not EXACTLY what is happening round the world as i type this? all these bail-outs have inflated the money supply by so many trillions that we are feeling the result in the supermarkets and the petrol pump
Legendary Apophis wrote:That said, I cannot carry this on as I have to go away today!
I can wait
