thedepression.org.au - THE DEPRESSION | THE DEPRESSION

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Sorry, Peter Tulip, ex-RBA!

That’s a very good video!

It explains how money works in an economy that has its own currency. It could be made better were it to recognise that a living wage universal income is superior to government job guarantees, and that public capture of publicly-generated land rent– therefore technically not a tax — has far greater merit than taxes which insert excess burdens on people and the economy at approximately twice the amount of taxation levied.

Links to thedepression.org.au (2)