Discussion in 'Markets & Economies' started by mmm....shiney!, Sep 14, 2019.
Gee there’s a shock.
Just mint enough of these and there will never ever be any problem with the economy ..............
Nice work, shiney.
It’s not my fault!
It'd be more accurate if it said "In Google we trust".
Federal government should abolish all taxes on consumer goods, including ciggies and alcohol and fuel.
These taxes, especially alcohol and tobacco only serve as behaviour modifiers.
I was once going to start the "Browns" Party. No tax on coffee, tea, tobacco, whisky, chocolate, hash, etc. There's even something in there for the gays.
I didn’t see you mention glitter?
Glitter is not brown!
What about white wine?? Racist!!
What about medicare?
I'm sick of paying ~$2,500 each year to pay for sick people, many of whom are sick, directly or indirectly, because of alcohol and tobacco.
alcohol and tobacco taxes currently subsidise the rest of the populations healthcare. Not the other way around. Your $2,500 is there because there’s a government/corporate rip-off scheme going on.
Taxes don’t pay for services. Governments don’t tax to collect revenue, taxes control the amount of credit in the private sector and to force us to accept their monopoly fiat currency.
What pays for services then?
I can’t find @leo25 ‘s keyboard. Maybe he’ll post it here for us.
Basically national governments are not revenue constrained.
The fact that most think that taxes are collected to pay for services is an outdated concept.
The sinister side to our modern monetary system is that it cements the centralisation of power under the political behemoth that is the State. If we returned to private currencies we’d destroy the monopoly that the State has.
I’ll be watching “Washington” on Foxtel with a keen degree of enthusiasm.
nah theres no risk of inflation, the rba said so https://www.theguardian.com/busines...n-despite-rba-buying-40bn-of-government-bonds
correct, and ripped from the guardian article above
Inflation is mostly a choice. So if you have government spending while the private sector is increasing its debt/spending, then yes there will be inflation. Some inflation is fine and is design into the system, while too much is bad.
Now we just wait and see.
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