tps2203.bsky.social
@tps2203.bsky.social
Left-handed, left-thinking.
IT sales background since the 70s!
Contingency planning and disaster recovery specialist.
Oh, and musician, now learning to be a producer
You control your own $ currency. Govt lie to you regarding deficit and lie to you about not being able to sort jobs. Get reading.
October 9, 2025 at 11:30 AM
I know you know this. If you don't you should review your reading and then comment
June 18, 2025 at 12:15 PM
Some govt debt is covered by issuing of bonds. They get interest.
The rest is smoke and mirrors.
And that's why 'government debt' is not what governments say it is.
It's quite perplexing and there is a guide to this, albeit USA, called The Deficit Myth, by Stephanie Kelton.
March 12, 2025 at 10:42 AM
Have you read Stephanie Kelton and for UBI, Scott Santens. Both on here as well.
January 29, 2025 at 7:51 AM
January 27, 2025 at 8:48 PM
From Kelton's The Deficit Myth.
January 17, 2025 at 7:19 PM
Good book here discussing case for basic income. For all!
January 17, 2025 at 4:40 PM
And we can also plan infrastructure investment by using the £ Sterling which we ourselves create. No other country creates £ Sterling. We don't borrow it, we don't 'use' taxation for spending, we create government spending money. If a resource exists we can afford to pay for it. #MMT
January 17, 2025 at 4:04 PM
Because the media don't actually understand economics. Neither do politicians. And from experience neither does what appear to be a majority of thosexwhonoist on here.
For references:
January 14, 2025 at 7:29 PM
This too, especially regarding UBI.
January 14, 2025 at 5:22 PM