Shaun Tritton

Man. Neither left or right.

I hate no one including the haters and the hate haters.

[Shaun Tritton @ShaunTritton]

https://t.co/VZrd3ztbnX

[Shaun Tritton @ShaunTritton]

@RichardJMurphy On point 6, If we had a 100% efficient tax system then there would be no need to borrow money and pay interest on that money? Given that wealth inequality is partly caused by paying interest on borrowed money, surely a 100% efficient tax system is what we really need?

[Shaun Tritton @ShaunTritton]

Would you rather pay 0% interest on a mortgage or 5% compound over 25-20 years? I think most people go for the 0%. What difference to the economy does it make whether the entity creating £500,000 and the slowly destroying that money over a period of 25-30 years is public or private? It make zero difference as it is the same process minus the profit.

[Shaun Tritton @ShaunTritton]

@robprogressive Tax money not wealth.

[Shaun Tritton @ShaunTritton]

@NordishDynamite Unlike vapes, the plant based alternative contains niacin which increases NAD+ and nitric oxide which is a vasodilator.

[Shaun Tritton @ShaunTritton]

@yunta_tsai I am old enough to remember when the advent of computers was going to put us all out of work. We just ended up getting more work done.

[Shaun Tritton @ShaunTritton]

@IhabFathiSulima Where is the evidence that smokers are at higher risk of hernia?

Is the evidence based

A) on non-randomised samples (probability 1)

or

B) on real world whole population data (probability 0)

I am guessing A).

[The media SOI 🇬🇧 @MediaSOI]

We didn’t know how good we had it

[Yesterday's Britain, A Better Britain. @YesterdaysBrit1]

It's 1985, when a packet of cigarettes cost £1.20 and a pint of beer cost 77p.
Today, both will cost you more than £20.
It's all part of THE plan to suppress our unhealthy habits.
So I've just had a smoke and drink at home, where no-one controls me.
Cheers 🍻

[Shaun Tritton @ShaunTritton]

@PaulEmbery Yes , option a) spend more money and risk inflation. option b) Borrow money then spend it and pay interest and also risk inflation. Clearly option a is a better choice.
https://t.co/uQj4RGzZCc

[Shaun Tritton @ShaunTritton]

https://t.co/VZrd3ztbnX

[Paul Embery @PaulEmbery]

I respect Toby, but he's wrong to suggest Britain is "running out of money". There is, in fact, no intrinsic reason why a sovereign currency-issuing nation should ever be short of money (let alone "run out" of it). We may certainly lack the real resources to which that money may be directed - land, labour, machinery, skills, etc - and a dearth of these things may well create inflationary pressures if government spends unwisely. But it is a fallacy to suggest Britain will "run out of money" or "go bankrupt". As Warren Mosler says: a currency-issuing government can no more run out of money than a football stadium can run out of goals scored.

[Shaun Tritton @ShaunTritton]

@trussliz If you make the tax system 100% efficient this eliminates the 'tax gap'. This means no more borrowing and no more inflation (Regardless of big or small state).
https://t.co/uQj4RGzZCc

[Shaun Tritton @ShaunTritton]

https://t.co/VZrd3ztbnX

[Shaun Tritton @ShaunTritton]

@PeterMcCormack @robox1234 It's the tax gap that causes inflation. Close the tax gap and there is zero long term effect on inflation form public spending.

[Shaun Tritton @ShaunTritton]

@PeterMcCormack You will never prevent inflation unless you have a fair and 100% efficient tax system which in turn negates the need to borrow. Two birds one stone.
https://t.co/uQj4RGzZCc

[Shaun Tritton @ShaunTritton]

https://t.co/VZrd3ztbnX

[Shaun Tritton @ShaunTritton]

@MEBSEntropy0 @RupertLowe10 Correct. Although in theory every money unit created by banks eventually gets destroyed, so in theory there should be no long term effect on inflation from private money creation. I think banks would have to register all money creation at the central bank. It's a long talk!

[Shaun Tritton @ShaunTritton]

@JohnCleese D

[Shaun Tritton @ShaunTritton]

@JohnCleese The UK hardly 'colonised' the Indian sub-continent. If memory serves me there were never more than ~250,000 administrators and infantry in a population of ~400,000,000 . The average Indian would see a 'Coloniser' once in a blue moon.

[Shaun Tritton @ShaunTritton]

@_fitnesshub I am a 60 year old smoker , I did it comfortably