In the specific context of the sentence I used them in they do mean the same thing.
Really....an absoutely pointless line of challenge.
Students occupy University of Sheffield Auditorium
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In the specific context of the sentence I used them in they do mean the same thing.
Really....an absoutely pointless line of challenge.
They do not create money ( a sub set of wealth ).
And if you think the mere act of borrowing money in itself creates wealth...well...I would have to gve up trying to explain it to you.
And if you think the mere act of borrowing money in itself creates wealth...well...I would have to gve up trying to explain it to you.
That's the north south divide for you, though. Also the urban/rural divide. Until the turn of the century, reasonable basic terraced houses were available in most northern towns and cities for under 30k.
It's a perfectly reasonable figure for a student bedroom outside London.
ItWillNeverWork
Messy Crimbobs, fellow humans.
Of course, there is also the argument that decreasing government spending increases private sector debt, which is a whole lot more risky to the economy than public sector debt.
Pickman's model
Starry Wisdom
let's revisit what you actually said:
yes, they collect a finite amount of tax: but that is not all they have available to spend. i don't know why you're pissing about with the 'government doesn't create money' bit, they do actually (everyone knows the government can print more notes and mint more coins and if that's not creating money fuck knows what is), but i was more concerned with the 'the government can only spend what it collects in taxes' which is fucking nonsense.
brogdale
Coming to terms with late onset Anarchism
QE(d)
Hmm....thought your argument was that they borrowed...and that this is an infinite resource... Better go back and edit your post....looks like you are changing your tune !
Pickman's model
Starry Wisdom
i don't care what you thought, being as the pope would love your argument. i never said borrowing was an infinite resource, i said that the taxes weren't all the government had to spend.
It really is this simple isn't it. Yep, more quantitative easing solves all. In fact lets do away with tax altogether and just print money.
Are you guys serious.
Are you guys serious.
Pickman's model
Starry Wisdom
i never advocated printing more money, i simply pointed that the government does indeed create money. perhaps you don't recall in the 1980s when the various m indices were mentioned on the news (i particularly recall m3)
Er...yep, they can borrow money.
Er,..but they have to pay it back
= total and utter irrelevance.
I prefer the M1 myself, more direct.
butchersapron
Bring back hanging
It's layabout btw - multi-banned poster who once joined the BNP accidentally.
brogdale
Coming to terms with late onset Anarchism
Level of (macro-)economic literacy would appear to be consistent with such membership.
Yeah thats me, soembody called layabout?..I just phoned buthcersapron to tell him.
(Grow up)
(Grow up)
Pickman's model
Starry Wisdom
yes. but they don't have to pay it back for years and years and years: it's not like it has to be back next payday or a week friday. the point stands: taxes aren't the only money available to governments. it's not a fucking huge point, so why don't you give way gracefully and post up some more shite you can be taken to task for.
What do you folks talk about when people don't come here to offer an alternate point of view ?
Doesn't it get a bit boring ?
Doesn't it get a bit boring ?
So your making a cash flow point.
Again irrelevant.
By the way,.are you capable of a sentence without swearing ?
Louis MacNeice
Autumn Journalist
We (as in all those criticising you...which I guess is what you mean) are not the ones saying that money and wealth are the same thing
or that governments can only spend what they raise in tax
or that all well paid jobs are hard
or that the only motivation is personal material benefit
or that we know what everybody else thinks and that they think the same as we do.
If I've missed any of your nonsense out I'm sorry, but you have posted quite a bit of garbage. So it would seem that even if we aren't really serious, then at least we are more serious than you; being consistently more thoughtful and better informed.
Cheers - Louis MacNeice
NoXion
Craicy the Squirrel
You're here, aren't you? Stop whining and make your case.
Louis MacNeice
Autumn Journalist
It's not the difference that's the problem. It's the lack of any thought or substantiating evidence that's doing you no favours. But carry on because you're obviously getting something out of it.
Cheers - Louis MacNeice
Goverments spend what they collect in tax - correct, except for occasionally desperate resorting to QE.
(and if they borrow to spend they have to pay that back too out of tax revenue)
'All well paid jobs are hard' - I have not said this
'The only motivation is personal material benefit' - I have not said this
'I know what everybody else thinks and they think the same as me' - I have not said this
For some reason your brain seems to be putting a made up spin on my comments. Maybe it's you who thinks the above...somewhere underneath the self-righteousness.
Oh..and 'Cheers'
No it isn't. You just cannot comprehend a different point of view.
Cheers again.
Pickman's model
Starry Wisdom
yes. but i always call a twat a twat, twat.
Again, I repeat, do you folks prefer to come here agree on everything ?
It would seems so. All I've seen so far is a foulmouthed tirade of nit picking and some twerp pretending I am somebody else
Have I stumbled intoa forum for teenagers in error ?
It would seems so. All I've seen so far is a foulmouthed tirade of nit picking and some twerp pretending I am somebody else
Have I stumbled intoa forum for teenagers in error ?
Pickman's model
Starry Wisdom
steps nearer the grave at least
..simply nothing.
NoXion
Craicy the Squirrel
Has it occurred to you that the problem with QE as it currently stands is that giving money to banks for them to sit on doesn't actually do anything to stimulate demand?
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