“Our economy is run by infantile fantasists” @LiamHalligan
A must watch to understand exactly how this government is imperilling our economy.
(Compounding the failures of the last government).
We live in a permanent state of socialism - for the rich.
Yes and this is the irony for socialists.
Our financial system is a system which extracts upwards through inflation and purchasing power.
As more money is created > money loses purchasing power > assets gain purchasing power > wage earners get poorer as wages don’t keep up > asset holders get wealthier as asset values increase too.
Further, the rich have better access to buy more assets with the newly created money.
How do I know this? I am an asset holder, I benefit, I’m telling you because I think it’s vile.
No party has made any attempt to deal with this. Why?
To deal with this means not deficit spending, which means balancing the books, which means being honest with the public, which means not making false promises to win votes.
It is a machine of lying and corruption to win power.
If you want a fairer society, inflation would be your number one enemy.
Everything else is theatre - tax the rich is theatre, billionaire whinging is theatre.
The government loves inflation as they are in so much debt it wipes it away for them. The rich love inflation as it makes the wealthier. Everyone else should treat it like the plague.
Ending inflation is the best way to reduce the growing wealth divide. If we don’t, our society will continue to hollow out and your life will get harder.
Stop voting for your own misery.
@NicTrades But they can come back for periods of time and still be non UK tax residents. After a few years that can be up to 6 months.
They can also go elsewhere.
@RusGarbageHuman@Keir_Starmer@RachelReevesMP@Ed_Miliband It's absolutely insane that they blame the energy companies for ripping people off when the government takes 59%
But it's more than that. All the taxes they take on the retailer profit too.
Their tax net is basically take 99%
@Wackyoldman24@benonwine Absolutely right. I think we've now reached the point of no return where so much content is fake or ai slop that we can't trust anything
@PeterMcCormack The left are happy to be tax cattle. They are happily fed in safety, by the farmer at the gate.
But they don't understand their true purpose.