tag:blogger.com,1999:blog-8487128531050281473.post4142542934200473907..comments2024-01-08T14:24:03.718+00:00Comments on Economics Essays: How much can the government borrow?Tejvan Pettingerhttp://www.blogger.com/profile/03405988099792035111noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8487128531050281473.post-47477737555096014092014-04-05T09:56:41.166+01:002014-04-05T09:56:41.166+01:00ALL money is created as debt and destroyed when re...ALL money is created as debt and destroyed when repaid.97% of the money we use is Private(digital)Bank loan money.Checkout positivemoney.org [the UK monetary reform group]for detail.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-23714298594762334862012-08-25T12:12:35.286+01:002012-08-25T12:12:35.286+01:00What none of these figures take any account of is ...What none of these figures take any account of is the debt associated with more than three million permanent immigrants to the UK since 1997 and access to the welfare state. The NHS, education sector and housing sector have been drained of billions of pounds of resources not accounted for in aNY GOVERNMENT STATISTICS which make the rest of the statistics presented here meaningless.Gavin Cooke (author)noreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-85649370785676865622010-09-15T10:47:31.778+01:002010-09-15T10:47:31.778+01:00Both the above article and Mr Blanchard of the IMF...Both the above article and Mr Blanchard of the IMF make the totally false assumption that stimulus necessarily involves extra debt.<br /><br />As Keynes, Milton Friedman and a string of other Nobel prize winning economists have periodically pointed out over the last 80 years (e.g. William Vickrey), STIMULUS DOES NOT NECESSITATE EXTRA DEBT.<br /><br />Re Friedman, see ; http://nb.vse.cz/~BARTONP/Ralph Musgravehttps://www.blogger.com/profile/09443857766263185665noreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-70068277751340579242009-01-08T09:24:00.000+00:002009-01-08T09:24:00.000+00:00Hi How far can the pound fall before the governmen...Hi <BR/>How far can the pound fall before the government has to protect its citizens from the effects of a worthless currency? Surely joining the € and effectively fixing the exchange forever seem to make more sense now than ever before. The argument about interest rates do not, seem as valid as before, now we know the banks have their own inter bank rates, also the “toilet paper currency as theUnknownhttps://www.blogger.com/profile/09628710668515212179noreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-4263591528993394852009-01-08T09:23:00.000+00:002009-01-08T09:23:00.000+00:00Hi How far can the pound fall before the governmen...Hi <BR/>How far can the pound fall before the government has to protect its citizens from the effects of a worthless currency? Surely joining the € and effectively fixing the exchange forever seem to make more sense now than ever before. The argument about interest rates do not, seem as valid as before, now we know the banks have their own inter bank rates, also the “toilet paper currency as theUnknownhttps://www.blogger.com/profile/09628710668515212179noreply@blogger.com