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Forum: New Zealand

Nov 17th 2016, 6:51 pm

Replies: 11

The Government is Running a Surplus & They Are Right Chuffed.

Views: 945

Posted By LoCarb

Re: The Government is Running a Surplus & They Are Right Chuffed.

I found this quote today from Elinor Hurst :starsmile:

https://www.facebook.com/green.modernmoneytheoryandpractice/posts/1167107406705734

"We live in a society that thinks we have unlimited...

Forum: New Zealand

Oct 15th 2016, 7:26 pm

Replies: 11

The Government is Running a Surplus & They Are Right Chuffed.

Views: 945

Posted By LoCarb

Re: The Government is Running a Surplus & They Are Right Chuffed.

The government (and mainstream economists) think government should always run a surplus in the mistaken belief that running a deficit is crowding out the private sector (i.e. hogging all the money in...

Forum: New Zealand

Oct 15th 2016, 3:11 am

Replies: 11

The Government is Running a Surplus & They Are Right Chuffed.

Views: 945

Posted By LoCarb

Re: The Government is Running a Surplus & They Are Right Chuffed.

Just keep taking the pills mate. You'll come right :lol:

Forum: New Zealand

Oct 14th 2016, 5:37 pm

Replies: 11

The Government is Running a Surplus & They Are Right Chuffed.

Views: 945

Posted By LoCarb

Re: The Government is Running a Surplus & They Are Right Chuffed.

The so-called pension problem is a fiction.

The finance industry created this idea as a way to move our money into their hands for profit making.

Future governments will always be able to...

Forum: New Zealand

Oct 14th 2016, 3:22 am

Replies: 11

The Government is Running a Surplus & They Are Right Chuffed.

Views: 945

Posted By LoCarb

Re: The Government is Running a Surplus & They Are Right Chuffed.

Why not, the country needs the stimulus.
Lots of poor underemployed Kiwis who would benefit.

Get people spending, stimulating growth for business. A win win.

Tax receipts go up, deficit goes...

Forum: New Zealand

Oct 13th 2016, 10:47 pm

Replies: 11

The Government is Running a Surplus & They Are Right Chuffed.

Views: 945

Posted By LoCarb

The Government is Running a Surplus & They Are Right Chuffed.

Only problem is, the government surplus becomes the private sector deficit (that's you and me).

Basically meaning we private citizens will need to borrow more from the banking sector or use our...

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