The people who have everything also run everything.

Like the countries who print money like there is no tomorrow, cause rampant inflation and a banana ends up costing £50.

We have had the rampant inflation scenario here before, and not because there were no goods to buy.
I expect Monica knows something about economics and doesn’t need a lecture.

I like all the hundred or so new polices that socialist Labour would bring in,
They would not bring in all these policies because there would simply not be time.

Like the countries who print money like there is no tomorrow, cause rampant inflation and a banana ends up costing £50.

Boringly predictable response, lemon. Try reading the website I linked to.

If you can start LG using facts Maizie you will get Gransnetter of the year from me (possibly decade )

Maizie Where on earth do you get your economic facts from? Britain came off the Gold Standard in 1931. About 35 years before Harold Wilson became Prime Minister

Unfortunately, whether we have a 'sovereign' currency or not does not mean that the rules of basic economics and finance no longer apply.

Your suggestion means we would be like Zimbabwe did in the Robert Mugabe years, or Germany in the 20s and 30s.. Print lots of money that becomes more and more valueless as inflation goes ap,e with inflation at 100s if not 1000s % every year. You cannot be serious.

Money is only worth what someone will pay for it and if the value of money, that is the overseas exchange rate goes down, the cost of everything goes up. The price of our imports would rocket. We would then become like Zimbabwe, where the only acceptable currency was the US dollar. What a humiliation. That or like inter wars Germany where a wheelbarrow of paper notes would be needed to buy a coffee.

Is that really what you want?

I have looked at the link you gave. I think the best I can say is that it is an interesting view, but to my mind, speaks more of Utopia than how the fiancial system actually works.

I haven’t read the entire thread but why is there so much bashing of rich people? Whatever happened to aspiration and working hard? Money does not always bring happiness.
We have seen a big increase in children and adults needing support either due to poverty or disability or both and this should always be a priority. But the majority of people can make choices in life. You can choose to work your butt off, gain qualifications, improve your life, or you can choose an easier route. That hasn’t changed over the years. Families have changed. It seems the norm now that some leave education and have children as soon as possible, and end up needing a lot of help whereas others work like crazy, save money and get a mortgage later, then have a family when they can afford it. It seems that kids don’t stay living at home, with the social and practical benefits, as long as they used to. Families become fragmented, housing is under strain and support falls to other workers paying higher taxes rather than families supporting their own.
I hate all the anger and jealousy. Most of it I have heard personally from people who just don’t want to work hard.
I left school at 16, my parents had no money, I’ve been poor and I worked my way out of it. So it annoys me when people moan at people who have money.

Here is a link to a more conventional explanations for why you cannot just print more money
www.google.com/search?client=firefox-b-d&channel=crow&q=Why+you+cannot+solve+problems+by+printing+more+money

Good post Razzy. Last paragraphs particularly.

There was no bashing of rich people in the article and I certainly haven't bashed any. It is about equality of opportunity and having a decent start in life.