“Politicians that play with Fiscal rules and targets are kidding you.
Real resource targets and goals such as full employment are the meaningful measurements of the economy and the Fiscal deficit position floats to where it needs to be. “
@billy_blog
#Manchester
@lallygag11@MMTLabour@widespreadhaze You can't answer a simple question. You only like how words sound without any concpet of that they actually mean.
I proved my case about MMT ers.
Bye!
@lallygag11@MMTLabour@widespreadhaze What is odd is you are both using words you cannot define.
Me - What os an asset?
You - A Thing
Me - A thing of what?
You - A thing - minus liability
Me - Of what?
You - the thing you pay taxes
Me - Taxes of what?
You - You are odd.
🤦♂️😂
@lallygag11@MMTLabour@widespreadhaze Again financial asset of what? What is the asset that i am subtracting a liability from?
You are having difficulty I see.
@MMTLabour@widespreadhaze There is no Poll/head tax liability.
You are making up new tax codes as you go.
MMT confuses the ruler with the thing measured.
Inches don’t create length.
Accounting doesn’t create output.
Currency doesn’t create wealth.
It only records claims after production exists.
@MMTLabour@widespreadhaze I am sorry to tell you tjis but you are talking gibberish.
An Inch is not a liability of an inch that it created to measure.
Gov cannot spend a liability of nothing.
0-1=0 not +1
Its pre k math.
Your mathimatics is incoherent.
A symbol is not a liability of a symbol $€£¥...
@richyphillips Who will create the jobs? You?
Be serious.
You can't even understand that gov can't spend a liability of nothing and get something.
0-1=0
Best you keep posting silly MMT posts on X rather than the UK depending on you to create a job let alone JOBS!