Sir Fatuous Pauper
@fatuouspauper.bsky.social
200 followers
250 following
1.3K posts
Posts
Media
Videos
Starter Packs
Reposted by Sir Fatuous Pauper
The screw-up wasn’t Market Garden - a long-odds bet, but understandable - it was not listening to the Navy on the Scheldt.
The Dutch warship Johan De Witt moored off Greenwich earlier today.
Yes.
This is the truth all politicians hide from us.
Governments fund things through taxes AND bonds.
If they control their currency, as ours does, they can create money literally out of thin air.
Where do people think the 100s of billions of quantitive easing and furlow payments came from?
This is the truth all politicians hide from us.
Governments fund things through taxes AND bonds.
If they control their currency, as ours does, they can create money literally out of thin air.
Where do people think the 100s of billions of quantitive easing and furlow payments came from?
In a country with a fiat currency, it is not necessary to put up taxes to pay for public services. Taxes are for fairness, controlling inflation and encouraging “goods” and disincentivising “bad”. Our tax system is grossly unfair. Fix that and ordinary people (90%) should be paying less tax.