Gareth Barry Conlon
Well-Known Member
- Joined
- 5 Sep 2014
- Messages
- 14,729
The skill in a good parody account is making it very close to the original but just throw in a little nugget. Is it real - is it real - is he that stupid - I think he is.
MMT says you can.Inflation is every bit as important as peopel think. Bottom line is you cant just keep printing money without devaluing the currency. If you do it eventually collapses - no one wants it (see Argentina / Zimbabwe for real life examples of failed currencies). You end up using foreign currency (the US dollar) where you have no control over it.
MMT says you can.
Do you believe that?
Ben Bradley likes this post.£500 covid payment for testing positive or having to self isolate.
Do they realise every druggie and drunk in the country will be doing their best to catch covid because £500 is a lot of drugs and booze.
Catch Covid, self isolate with £500s worth of goodies and maybe still have change to dial a pizza
Or hold a party with somebody who has tested positive, get 15 guests, each cough up £50 of the payment to pay the fine, self isolate with the other £450 and buy an Xbox
This has to be a joke, they cant be serious surely.
£500 covid payment for testing positive or having to self isolate.
Do they realise every druggie and drunk in the country will be doing their best to catch covid because £500 is a lot of drugs and booze.
Catch Covid, self isolate with £500s worth of goodies and maybe still have change to dial a pizza
Or hold a party with somebody who has tested positive, get 15 guests, each cough up £50 of the payment to pay the fine, self isolate with the other £450 and buy an Xbox
This has to be a joke, they cant be serious surely.
The skill in a good parody account is making it very close to the original but just throw in a little nugget. Is it real - is it real - is he that stupid - I think he is.
This one’s even funnier. Great sales pitch for a Single Market. It’s got to be a parody!
Thinking about it he's the MP for Wokingham which means 1632 is one of his constituents. Or maybe he actually is 1632.
I am still learning about it when i have time, been really busy the last few days with meetings.Because they redefine what inflation is mate! Inflation to them is month on month rises that is more akin to how hyper inflation works. However they go further to say that so long as that month on month inflation is the same (whatever the number is) then it’s stable and good inflation. So according to MMT:
1. My shreddies are increasing in price every month by 50% - this is “stable” inflation and welcomed by MMT.
2. Every January by shreddies go up 600% - (same as going up 50% per month - ignoring any compounding effect) according to MMT this is not inflation.
Despite containing more sugar than sugar puffs I love shreddies so need to be paid more to afford them, which in turn means my company needs to charge more for its product or sack someone to reduce costs. Their idealism is not without merit but the way they think it can be achieved is absolutely bonkers.