The most blatant area of institutionalised racial separation is in the Arts. Try applying for funding, try attending an awards ceremony and you’ll see the level of fulfilment for Māori is obviously a big priority. And the arts community, being generally nice people, are so compliant. But I feel a growing resentment building, which can’t be healthy.
Well written Matua! The path to unity is what is needed, not divisive racial focus. (How to get there economically is for the professionals with expertise in that area)
Act is a bag of lies. Our govt finances are nothing like a households budget. We can fund anything we can actually do, and ‘net core crown debt’ is a fucking asset. Because it’s money we bring into existence and owe to ourselves. It’s this debt we own, and, I repeat, an asset. But, we are led by liars and liquidators in NACT, so good luck figuring it out. Unless you read this https://open.substack.com/pub/tadhgstopford/p/the-lies-of-willis-pt-2?r=59s119&utm_medium=ios
Modern Money Theory stops working when the economy is not growing and inflation starts. See Venezuela, Zimbabwe, and the Weimar Republic. The Austrian models of the economy are more useful, in part because they predict what will happen and in part because nations that let depressions happen recover from them.
We are in a global trade war and economic contraction. I expect we will be forced into having a black budget real soon. It should have happened now.
Hi, neither Venezuela, Zimbabwe or Weimar Germany are examples of of MMT. Try China, Lincoln’s USA, FDRs USA, post war Japan, post war Germany, South Korea, Nz 1936-1984. Those are all examples of MMT
We have a similar situation in Nz, where treasury and parliament have denied us Rbnz funding for productivity and essential services. But are happy for cartel banks to bleed us white for economically unproductive mortgagee; which they haven’t even included in the consumer price index since 1997. THAT is inflationary, but invisibly so.
Plus, all the billions of payments get exported to oz.
Thanks to this gross and incompetent donor politics removing the evidence from our economic dashboard. RBNZ has no excuse to do its job and control inflationary mortgage lending. So, let’s put housing back into the CPI!
‘Modern monetary theory’ is 5000 years old. It’s how civilisation began. It’s also the basis of classical economics, which is how capitalism began. The sovereign builds the public infrastructure that the individuals cannot afford. Increasing ‘the wealth of nations’, ie economic productivity
It’s a virtuous circle.
Our problem is that credit has been hijacked by cartel banksters, and the prostiticians who enable them.
The Austrian model only works for the rich. If you want an economy to grow, you must invest. The best way; the cheapest way; to invest is with sovereign issue. Although we should definitely be charging more than 2% royalties on our gold too, etc
The most blatant area of institutionalised racial separation is in the Arts. Try applying for funding, try attending an awards ceremony and you’ll see the level of fulfilment for Māori is obviously a big priority. And the arts community, being generally nice people, are so compliant. But I feel a growing resentment building, which can’t be healthy.
Well written Matua! The path to unity is what is needed, not divisive racial focus. (How to get there economically is for the professionals with expertise in that area)
Act is a bag of lies. Our govt finances are nothing like a households budget. We can fund anything we can actually do, and ‘net core crown debt’ is a fucking asset. Because it’s money we bring into existence and owe to ourselves. It’s this debt we own, and, I repeat, an asset. But, we are led by liars and liquidators in NACT, so good luck figuring it out. Unless you read this https://open.substack.com/pub/tadhgstopford/p/the-lies-of-willis-pt-2?r=59s119&utm_medium=ios
Modern Money Theory stops working when the economy is not growing and inflation starts. See Venezuela, Zimbabwe, and the Weimar Republic. The Austrian models of the economy are more useful, in part because they predict what will happen and in part because nations that let depressions happen recover from them.
We are in a global trade war and economic contraction. I expect we will be forced into having a black budget real soon. It should have happened now.
Hi, neither Venezuela, Zimbabwe or Weimar Germany are examples of of MMT. Try China, Lincoln’s USA, FDRs USA, post war Japan, post war Germany, South Korea, Nz 1936-1984. Those are all examples of MMT
As an example of how central banks and monetary systems are weaponised against nations, watch this, https://youtu.be/p5Ac7ap_MAY?si=8AgxQdY4V-Cf3FZt
We have a similar situation in Nz, where treasury and parliament have denied us Rbnz funding for productivity and essential services. But are happy for cartel banks to bleed us white for economically unproductive mortgagee; which they haven’t even included in the consumer price index since 1997. THAT is inflationary, but invisibly so.
Plus, all the billions of payments get exported to oz.
Thanks to this gross and incompetent donor politics removing the evidence from our economic dashboard. RBNZ has no excuse to do its job and control inflationary mortgage lending. So, let’s put housing back into the CPI!
‘Modern monetary theory’ is 5000 years old. It’s how civilisation began. It’s also the basis of classical economics, which is how capitalism began. The sovereign builds the public infrastructure that the individuals cannot afford. Increasing ‘the wealth of nations’, ie economic productivity
It’s a virtuous circle.
Our problem is that credit has been hijacked by cartel banksters, and the prostiticians who enable them.
The Austrian model only works for the rich. If you want an economy to grow, you must invest. The best way; the cheapest way; to invest is with sovereign issue. Although we should definitely be charging more than 2% royalties on our gold too, etc