Frank wrote on Jul 27
th, 2023 at 11:35am:
thegreatdivide wrote on Jul 27
th, 2023 at 11:24am:
Just to clarify what you mean by "communism" (which the CCP is not)......
Guess who Thomas Jefferson is referring to in this:
"The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." Thomas Jefferson".
ie, "the people" ("collective") as represented by their government, NOT the people as represented by and in private sector competition among individuals who together make up the collective.
Oh, **** off with your monomania about printing money, silly parrot.
Can you PLEASE ..pretty please...explain the error in Jefferson's insight?
Quote:Is there anything in your narrow, pinched, manic mental world that is NOT about government printing money?
If you CAN point to the error in Jefferson's insight, I will withdraw from my
education of the blind campaign.
Here is his insight in full:
Explanation re Jefferson's insight:
"The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." Thomas Jefferson.
ie, "the people" represented by the public sector, ie the currency-issuing government which has its own treasury and central bank, not "the people" as represented by the private sector.
The former can issue debt free money to fund public sector policy, whereas the latter - via private banks - cannot, because borrowed money has to be repaid with interest in the private sector. So the "issuing power of the people" should used by the public sector,
when the private sector fails to produce the outcomes wanted by "the people". How difficult is that to understand?
Of course, the TAI and CFMEU have a different approach, namely, tax the rich/tax company 'super-profits', but such policies are.....divisive, just like the Yes campaign which is really about
'fairer' resources distribution - hence politically divisive.
Get it? (cough..)