Rochester by Election - UKIP will lower house prices

Generali

TickersPlaysPop wrote: »

What you and Danothy are saying is Wrong....

You contradict what Mervyn King previous governor of Bank of England has said ..... Do you really think he is wrong?

Videos, and reference material all to found here in easily digestible form...

http://www.positivemoney.org/how-money-works/how-banks-create-money/

The website deliberately(?) misrepresents credit creation. They certainly don't create money 'out of thin air'.

jjlandlord

TrustyOven wrote: »

Are you sure? I saw a youtube video today that said less government interference is right wing / republican / individualism, rather than left wing / libertarianism / collectivism.

You seem confused by these concepts.

UKIP, on their own website, define themselves as Libertarian.
Now, as for many terms, it may mean different things for different people. However, in UKIP's case it clearly means what it usually does: maximum personal freedom and minimum tax and government interference.

To quote their own website: They "promote independence from government interference" and they "believe in free trade, lower taxes, personal freedom and responsibility", they "believe in promoting self-reliance and personal freedom from state interference."

Thus they should be more business-friendly that the Tories (apart from their stance on leaving the EU, that is).
In fact any company managing to pay zero tax by legal means should be fair game.

Of course, as said, shrewd politicians like Nigel Farage tend to say what people want to hear.

Obviously they won't say that Amazon or Starbucks paying no tax is fair game, even if they think so.

From the above it seems obvious that they did speak their mind when they said that they wanted more private involvement in the NHS.
They're now saying the opposite because that's more popular...

TickersPlaysPop

I'm very surprised to see that within 10mins literally, 2 separate people read my post, both looked at the website, and both came to the same conclusion, and both posted at the same time.... Wow!.... that is worth starting a new thread to discuss?!

Anyway....

Can you expand or send me a link that will help us all understand what you mean by "misrepresent credit creation" ?

I think the term "out of thin air" is a simplification and not technically the correct term, but is one that is in the grand scheme of things quite correct.

TickersPlaysPop

jjlandlord wrote: »

You seem confused by these concepts.

UKIP, on their own website, define themselves as Libertarian.
Now, as for many terms, it may mean different things for different people. However, in UKIP's case it clearly means what it usually does: maximum personal freedom and minimum tax and government interference.

To quote their own website: They "promote independence from government interference" and they "believe in free trade, lower taxes, personal freedom and responsibility", they "believe in promoting self-reliance and personal freedom from state interference."

Thus they should be more business-friendly that the Tories (apart from their stance on leaving the EU, that is).
In fact any company managing to pay zero tax by legal means should be fair game.

Of course, as said, shrewd politicians like Nigel Farage tend to say what people want to hear.

Obviously they won't say that Amazon or Starbucks paying no tax is fair game, even if they think so.

From the above it seems obvious that they did speak their mind when they said that they wanted more private involvement in the NHS.
They're now saying the opposite because that's more popular...

Is this a straw man argument? You have taken UKIP's stance to the extreme. What makes you think less government involvement means zero corporation tax?

The current UK government and EU are allowing this to happen, across many many significant companies.

Generali

TickersPlaysPop wrote: »

I'm very surprised to see that within 10mins literally, 2 separate people read my post, both looked at the website, and both came to the same conclusion, and both posted at the same time.... Wow!.... that is worth starting a new thread to discuss?!

Anyway....

Can you expand or send me a link that will help us all understand what you mean by "misrepresent credit creation" ?

I think the term "out of thin air" is a simplification and not technically the correct term, but is one that is in the grand scheme of things quite correct.

Sure. This is a good one:

http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q1prereleasemoneycreation.pdf

jjlandlord

TickersPlaysPop wrote: »

Is this a straw man argument? You have taken UKIP's stance to the extreme.

Have I?

TickersPlaysPop wrote: »

What makes you think less government involvement means zero corporation tax?

Nothing.
However it means that UKIP can hardly complain about companies paying less tax legally (which is what these companies do).
Unless, of course, you understand they are putting on a show.

You are indeed very confused, to the point of not making a lot of sense.

TickersPlaysPop

Generali wrote: »

Sure. This is a good one:

http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q1prereleasemoneycreation.pdf

Your reference refers to the same YouTube video on the PositiveMoney website, also, it has the same data.

I think your article and the Positive Money website are saying the same thing.

TickersPlaysPop

jjlandlord wrote: »

Have I?



Nothing.
However it means that they can hardly complain about paying less tax legally (which is what these companies do).
Unless, of course, you understand they are putting on a show.

You are indeed very confused, to the point of not making a lot of sense.

We can all claim that politicians are putting on a show, from any party. Actions speak louder than words, and people are voting UKIP and moving away from all parties, fact.

jjlandlord

TickersPlaysPop wrote: »

We can all claim that politicians are putting on a show, from any party. Actions speak louder than words, and people are voting UKIP and moving away from all parties, fact.

It's sad when people so obviously shut off their brain when challenged.

StevieJ

jjlandlord wrote: »

That's a joke...
UKIP define themselves as 'libertarian' and as such would be pushing for less government interference and less tax.
Private companies being able to operate freely without any interference is what they stand for. Supposedly.

Perhaps people should also realise the level of opportunism in whatever they say. They'd say whatever works for them.

No doubt about that.

Barely 24 hours after being sworn in as Ukip's second elected MP Marke Reckless is as already criticising his party leader Nigel Farage.
Reckless said Ukip's immigration policy "changed on Wednesday, and I'm a bit sore about how I came out of that".

http://www.cityam.com/1416655530/mark-reckless-splits-nigel-farage-ukip-immigration-policy-after-rochester-election-win