@DanielPriestley Sir I am very thankful that you are addressing the fact about private banks creating money in the economy. This is a very good piece that should be read by everyone young or old. I guess the issue also is about whether banks are lending for productive/useless purposes.
@DanielPriestley@yam936kum@garyseconomics Sir how do you navigate the fact that the private banks create the majority of the money supply when they give out loans which people get impacted by through inflation? I mean do you think that part should be reformed too?
@DanielPriestley@Barney_H_Y Sir how do you navigate the fact that a country itself cannot be run like a household due to the system built on Modern Monetary Theory where a government spends first and then implements taxes to make up for that spending. I mean a business is the other way around. No?
@balajis This seems like a very shallow take. You haven't considered what the consequences are for the USA to just walk away even after Trump's below the belt statements about the Arab leaders.
@KobeissiLetter I think now will be a good time for X to consider creating a proper streaming service like YouTube and amping up its video playing capabilities. That's when the real magic will happen.
I've been looking $NOTHING for a while
Looks like it did a breakout of the long term consolidation.
Also I saw a lot of people tweet about it
Let's keep and eye on this, I might grab some soon
$nothing for me is not a one day or one week play. The PA has been off lately but i know a face melting rally is expected soon!
Having @readmystrafe work so hard on this and continuous support from @_Shadow36 the biggest sendoor of this season is an add on!
100 mn or dust
Nothing is a brutal reflection of the world we live in
Housing
Cars
Healthcare
Subscriptions
Free Speech
Ownership is disappearing
We own less, while paying more
$nothing is the meme of a society losing everything
A mockery of the world by embracing the emptiness it created
The Government recently issued a warning to people with more than Β£3500 in savings. They say that you better be prepared to pay taxes on any interest you might have earned.
This follows their warning for people who sell Β£1000+ of items on eBay or Facebook or Etsy. Theyβre chasing down the data of every seller to collect the taxes.
What they are really saying is they hate people becoming self sufficient. They hate people with savings and who take a little bit of initiative.
They donβt care that Facebook, eBay, Google etc bills customers from Ireland to avoid billions in taxes. Or that big banks play by their own rules. Nope, they just want to make sure that Aunt Sarah who sold some arts and crafts and saved the money in an interest earning account pays her extra Β£87 of taxes. It probably costs them millions to crack down on these tiny amounts but itβs the principle of the matter - we want you to know that no matter how small you make a step forward, we are here to take it from you.
If they truly cared about poor people, they would encourage self sufficiency. If you save Β£1000, we will give you an extra Β£20 bonus. If you sell stuff, we will make the first Β£20k tax free so you can get going.
A smart government would want its citizens to save money and sell stuff online. The benefits to society would be worth a lot more than the pennies collected in taxes.