To confuse money with the real thing is perhaps one of the biggest mistakes that modern politics
does.
It pretends that money is real when money is just a record.
A note in a bank account.
An
entry in an accountant's ledger.
A totting up of numbers on a spreadsheet.
If we can always find money for war, bank bailouts, and
corporate subsidies, why can't we find money for hospitals, homes, and care?
Pls ask this question to your local political representatives.
Greece abandoned her sovereign currency and adopted a foreign https://t.co/JSG0777WeE she has to suffer until 2070 repaying debt .This is the result of neoliberals horrible economics.
https://t.co/YHBbREn6CA
There is a wide-scale belief among the economists that taxation funds Govt expenditure.This is 100% wrong.
They forget the sovereign Govt issues its currency
Sovereign Govt is the issuer of its sovereign currency,not its user.
Most economists (IMF,World Bank,ECB included) think Govt is the user of its currency and frame economic policies accordingly.They are upside down.They are wrong.They harm the economy and the people.