Tag Archives: magic

There is ALWAYS plenty of money. Don’t let the Tories lie to you again!

 

Money: there’s as much of it in the world as we want. Don’t let politicians lie to you that there isn’t, just to feed their own agendas.

One of the facts that has come out of the Covid-19 crisis is the fact that money is not scarce.

The Conservative government has been telling us for years that we needed to endure the austerity policies of Cameron, May and now Johnson because there wasn’t enough cash after the big banker-driven economic crisis of 2008-10, but we can see now that this is not true.

As soon as the pandemic hit, Johnson magicked up £300 billion from nowhere. The reason is simple:

Money is artificial. Governments can create it whenever they like.

Of course, Rishi Sunak is going to try to put the genie back in the bottle by saying we have to pay that money back in extra taxes and other clawback measures, but this isn’t true. We don’t have to. He’s just saying that to perpetuate the myth.

The economist Richard Murphy has been running a series of videos on YouTube discussing this subject – taking something that many people find dry and dull and turning it into bite-sized info-chunks that are easy to digest and take away with you, and he has tackled this issue here:

So there you are. Money is artificial; we can make as much of it as we like and use it to achieve what we like. The resource that is scarce is Planet Earth.

And we all need to re-order our thinking to accommodate that potentially deadly fact.

Have YOU donated to my crowdfunding appeal, raising funds to fight false libel claims by TV celebrities who should know better? These court cases cost a lot of money so every penny will help ensure that wealth doesn’t beat justice.

https://www.crowdjustice.com/case/mike-sivier-libel-fight/


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