Madger

This account set-up specifically to aid a 38-Degrees related campaign at, Savers_are_Losers,_Stop_it! PLEASE_ADD_SIGNATURE

[Madger @MervynRandall]

@OzMyHomeMAC @ianhbeggs @ProfSteveKeen @mmt_rod @Sanjmittal @mikemicktaylor @OzMyHomeMAC @liarpoliticians
" majority of #economics field brought us to this point "
Nah! Too simple

Banks had to know how their profit was made
Politicians, are charged to know
Savers could see what was happening
Populace probably too dumb to understand
@ONS still thinking?

[Madger @MervynRandall]

@LadyPension @rosaltmann @LadyPension
When did our Parliament last consider the
fixed pensions of Brit.s living such places as Australia & Canada ??

Fixed, IE not rising with cost of living, RPI or the like .

[Madger @MervynRandall]

@bbckamal @bankofengland @bbckamal @PhilipHammondUK
Back to the REMIT for the BoE Governor, I fear !
The Chancellor might give him a free pass
but I doubt the people will.

[Madger @MervynRandall]

@ianhbeggs @ProfSteveKeen @mmt_rod @Sanjmittal @OzMyHomeMAC @mikemicktaylor @AustralianLabor @Greens @ianhbeggs
Jubilees regular ?
Intermittent or irregular, might be a better description.

Those ancient Jubilees did not apply to all debts.
Only a class or classes of debt.

I'll stick with the idea that Jubilees are a repetitive fault.
Surely our economists can do better?

Oh!

[Madger @MervynRandall]

Will all those MMT'ers who quote others MMT work
please stay clear of the 're-adjustment' which is about to come.

Can't see the sense of wading through endless Citations
when the original or a review piece is all that is necessary. https://t.co/4CF2itGkfD

[Peter Donaldson @PDWriter]

This is going to be hard work, but all #MMT advocates need to take Steve Keen’s criticisms seriously. He’s a top heterodox economist and and a very capable ally. https://t.co/Ip1Ik6UzsY

[Madger @MervynRandall]

A Nerd's LoL https://t.co/nwzoI0qFzQ

[Madger @MervynRandall]

That's not Maths, that's Arithmetic ! https://t.co/JsSuoxrTdy

[Madger @MervynRandall]

@PatriciaNPino @PDWriter @PatriciaNPino
In which case
hide all your money in the mattress

and watch all the others cause inflation by spending their money ?

[Madger @MervynRandall]

Monopolies and Mergers Commission has closed
Competition Commission has closed

Competition & Markets Authority - Open for Business

[Madger @MervynRandall]

@Nigel_Farage @boomsbustsshow @Nigel_Farage @CMAgovUK
Ask only,
What is the market alternative to @facebook ?

[Madger @MervynRandall]

@asentance @TheIFS @asentance
IncomeTax is a played-out goldmine
@LBC this evening suggested another 9p in the £ required for @NHSEngland

Consider if you will a WealthTax

#UKSavers already lose about 3% pa as a Real #ExInflation Tax

The rich move to escape Income tax
but can only sell land

[Madger @MervynRandall]

@simonnread @LYNNIT @simonnread
Why is there so little mention of the @bankofengland MPC Remit's Target ?
AND that it is still exceeded.
Why do you not also allow for effect of QE/APF ?,
the @OBR_UK does

Why do you not use the #ZPI
as the #UKSaver's #Inflation& #Tax figure of Merit
for #Interest?

[Madger @MervynRandall]

@notayesmansecon @hmtreasury @notayesmansecon @ONS
Looks like the RPI , which contains a proxy for House Prices,
is to be objected to ( for similar reasons to CPIH )
because real HousePrices can be gathered.

Looks like the UK needs an RPIH .

[Madger @MervynRandall]

@richyphillips @PDWriter @IamalrightJack @richyphillips
Nope !
So set it out as a few equations.

[Madger @MervynRandall]

@BrexitTory_ @markbishopuk @BrexitTory_ @HackneyAbbott
Be fair
there and back is about 26 miles.

[Madger @MervynRandall]

@asentance @notayesmansecon @keefeglise @ONS @asentance
25 years might have been the average term for a mortgage contract
but back then, 7 years was the average period for a mortgage duration
before people moved-on, so house prices would be re-set.

[Shaun Richards @notayesmansecon]

UK house prices rise by 4.2% and rents which owner occupiers obviously do not pay ( the hint is the word owner) rise by 1%. Can you guess which one goes into our "comprehensive" inflation number? #CPI #RPI

[Madger @MervynRandall]

@afneil @afneil
Please explain !
Less borrowing = More or Less Taxation a) annually and b) over the long term ?

[Madger @MervynRandall]

@asentance @asentance
No mention of the Target!
See @bankofengland WebSite
the Target number is in much smaller characters
than the #Inflation number.

I'll chase BoE tomorrow
because the infamous ' orange postcard '
no longer seems to be there.