Acolytes of Jeremy Corbyn and US Democrats are making public spending promises funded not by the traditional modes of taxation or borrowing but by something being called modern monetary theory, or MMT.
Lies, the UK would save money by Stopping billions in subsidies Ending millions in bonus and shareholders Not having to bail out Corps that purposely undercut others knowing they would get bailed out. Re-nationalise rail, Utilities and increase local banking.
Hey island monkey stop talking about Americans or you don't get a trade deal.
Of course it’s just not a threat to ‘our wealth’ if you have wealth in the first place. As people struggle with minimum wage, derisory benefits and a pension at 75, they have other priorities other than protecting something they don’t have.
Maybe direct your attention to the fiscal incontinence of Donald Trump and Boris Johnson.
Lies, the UK would save money by Stopping billions in subsidies Ending millions in bonus and shareholders Not having to bail out Corps that purposely undercut others knowing they would get bailed out. Re-nationalise rail, Utilities and increase local banking.
Most money is created by commercial banks amyway, as a debt with interest attached. The money supply has increased by more than 100X since the early 1960s, most of it lent into existence by commercial banks. Huge house price inflation as more lent against property. The Bank of England should be creating interest free money to be spent on carefully costed social infrastructure. Otherwise we rely on higher taxation, more borrowing at interest from private banks and investors, selling public assets
Bum on the left
Says the paper that backs a tory gov that uses that same magic money tree 2 fund their power, ideological policies & brexit. Billions funneled in2 a corrupt campaign result at the same time there ain't money 2 spend on other more important services
The 1% are scared
But BorisJohnson’s magic money forest is fine ?
The same magic money tree that Mr Johnson has given a fair old shake of recently...so when he does it it's fine?
You really are having a laugh.... the magic money tree has made more appearances under this Tory government, than ever in the history of the world.,.. bringdowntheclown StopBrexitSaveBritain
What about the one that provides funds for big weapon systems each fiscal year, massive tax breaks and handouts to big businesses and wealthy oligarchs on both sides of the ocean? Care to comment, pro mercantilism 🇷🇺🇬🇧🐸Pravda?👇😂
Would that be because the Conservatives have already stripped it bare with their bribes
it’s either provide the magic money tree or a full blown revolution like the french one. Which do you and your readers prefer
Magic money tree or “fully costed manifesto pledges”, as we adults like to call them.
Barclay Brothers better build another underground bunker for their hoard of gold.
The money tree is bare thanks to Harry and Meghan
The Telegraph treats it's readers like idiots with memory loss - because surely they couldn't remember last week.
The torygraph
Doesn't that devalue the money in your pocket? Bit like the rouble and Argentinean currency?
Whose wealth?
Unbelievable
That ship sailed long ago, bro! Under the right wing conservatives you've hogged all the wealth while the middle class get poorer!
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