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little pinks believe in free money (Read 125 times)
freediver
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little pinks believe in free money
May 21st, 2024 at 12:49pm
 
thegreatdivide wrote on May 21st, 2024 at 12:19pm:
freediver wrote on May 20th, 2024 at 6:15pm:
Ah I keep forgetting. Money is "free" so the government can spend whatever it wants.

 
Money CAN be free for a currency-issuing government, by definition. What part of that don't you understand?

[Government can also control inflation - the usual, objection by mainstream 'flat-earth' economists].

Alternatively, rich people used to be taxed appropriately, until the false low tax = high productivity, "trickle down" nonsense gained support in the mainstream.  Gina Rinehart is laughing all the way to the bank.



You do not understand the consequences. It is never free, even for a government.
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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.
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Bobby.
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Re: little pinks believe in free money
Reply #1 - May 21st, 2024 at 1:26pm
 
TGD is a cultural Marxist however it would be nice if the rich paid their fair share of tax:


A short 5 minute video about it from the Senate:


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