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BenGarfield
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·
From
crawley
Joined
Feb 22, 2019
Last seen
Apr 30, 2024
Messages
317
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BenGarfield
replied to the thread
[Politics]
Next Gov: Where will the money come from?
.
This is not an opinion piece about what should happen, but a description of how the Treasury works now and has done for years. The...
Apr 30, 2024
BenGarfield
replied to the thread
[Politics]
Next Gov: Where will the money come from?
.
This is what has happened for years,, inflation has risen and fallen due to other factors, not because of the governments ability to...
Apr 30, 2024
BenGarfield
replied to the thread
[Politics]
Next Gov: Where will the money come from?
.
Thanks for broadly agreeing, but one point, the government doesnt have to "borrow" at all in the sense that a household does. The...
Apr 30, 2024
BenGarfield
replied to the thread
[Politics]
Next Gov: Where will the money come from?
.
Its not a theory you "have a go at". Its a theory that explains the functionings of our economy right now. Its politically neutraI and...
Apr 30, 2024
BenGarfield
replied to the thread
[Politics]
Next Gov: Where will the money come from?
.
So what? I agree with the UCL working paper, "The Self Financing State"...
Apr 30, 2024
BenGarfield
replied to the thread
[Politics]
Next Gov: Where will the money come from?
.
Well, actually you dont need the money from anyone, rich or poor. The government can issue new money to pay for the resources it needs...
Apr 30, 2024
BenGarfield
replied to the thread
[Politics]
Next Gov: Where will the money come from?
.
In what way ignorant? Do you believe tax funds government expenditure? If so, why?
Apr 30, 2024
BenGarfield
replied to the thread
[Politics]
Next Gov: Where will the money come from?
.
I agree with most of this. However, the purpose of tax is not to raise income for government spending. The rich should be taxed because...
Apr 29, 2024
BenGarfield
replied to the thread
[Politics]
Next Gov: Where will the money come from?
.
Harry, you misrepresent the MMT position which I have explained at length in other threads. Government finances are not like a...
Apr 28, 2024
BenGarfield
reacted to
Husty's post
in the thread
[Albion]
Brighton & Hove Albion vs Arsenal *** Official Match Thread ***
with
Like
.
Can't believe that people arguing that wasn't a pen. Specs so rose tinted they must be opaque
Apr 6, 2024
BenGarfield
replied to the thread
[Politics]
Tory meltdown finally arrived [was: incoming]...
.
How do you define the "far left" ? What are these issues to which you refer, and what are these long standing conspiracy theories? A...
Apr 4, 2024
BenGarfield
replied to the thread
[Politics]
Sir Keir Starmer’s route to Number 10
.
I think it’s you that we need to chat to, not each other. What would it take for you to re-think the way the UK economy actually works now?
Apr 1, 2024
BenGarfield
replied to the thread
[Politics]
Owen Jones
.
We could give kids good meals anyway, tax doesnt fund school meals - or anything that central government provides
Mar 26, 2024
BenGarfield
replied to the thread
[Politics]
Sir Keir Starmer’s route to Number 10
.
As I mentioned, it’s the real resources available that are the key. Also, taxation is only one tool that can be used to control...
Feb 22, 2024
BenGarfield
replied to the thread
[Politics]
Sir Keir Starmer’s route to Number 10
.
Completely wrong, governments with their own sovereign currency neither need to tax, nor borrow to fund public services. They are...
Feb 22, 2024
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