Freggyragh Posted May 17, 2018 Share Posted May 17, 2018 8 hours ago, woolley said: Ahhh. You mean "stupidity". No time for all of that cobblers. Speak English. This is an intelligent forum. You’ve read Woodyfacts and Quilp, and you think this is an intelligent forum? 1 Quote Link to comment Share on other sites More sharing options...
woolley Posted May 17, 2018 Share Posted May 17, 2018 Yep. I've read Richard and your good self too. Not big on irony then, Freggy? Quote Link to comment Share on other sites More sharing options...
RIchard Britten Posted May 17, 2018 Share Posted May 17, 2018 32 minutes ago, woolley said: Yep. I've read Richard and your good self too. Not big on irony then, Freggy? Which in itself is loaded with irony... 1 Quote Link to comment Share on other sites More sharing options...
Rog Posted May 17, 2018 Share Posted May 17, 2018 10 minutes ago, RIchard Britten said: Which in itself is loaded with irony... You wouldn't know irony if it bit you on the backside. You probably still think it's a little known product from Apple. 2 Quote Link to comment Share on other sites More sharing options...
quilp Posted May 17, 2018 Share Posted May 17, 2018 31 minutes ago, Rog said: You wouldn't know irony if it bit you on the backside. You probably still think it's a little known product from Apple. That's his 'core' issue... 2 Quote Link to comment Share on other sites More sharing options...
RIchard Britten Posted May 17, 2018 Share Posted May 17, 2018 Just now, quilp said: That's his 'core' issue... Again Quilp breaking the irony meter... 1 Quote Link to comment Share on other sites More sharing options...
quilp Posted May 17, 2018 Share Posted May 17, 2018 Lol... 1 Quote Link to comment Share on other sites More sharing options...
woody2 Posted May 18, 2018 Share Posted May 18, 2018 good news..... you will still be able to drive in the eu after exit with no new documentation..... another remoaner lie dealt with....... 1 Quote Link to comment Share on other sites More sharing options...
woody2 Posted May 18, 2018 Share Posted May 18, 2018 will italexit bring down the eu...... great ideas coming from the new gov. already..... " a proposal to introduce a "universal basic income" of €780 per month for every Italian citizen, funded by the EU." 1 Quote Link to comment Share on other sites More sharing options...
pongo Posted May 18, 2018 Share Posted May 18, 2018 (edited) 2 hours ago, woody2 said: " a proposal to introduce a "universal basic income" of €780 per month for every Italian citizen, funded by the EU." It's a separate issue - but universal income is going to make increasing sense in a world of automation. That's what the new economics will be about. Central banks or govts create money by spending or lending it. Govt controls money supply and inflation by taxing excess liquidity and the hoarding of cash (as opposed to investing). Corporations need consumers who actually have money to spend. Or else what is the point of corporations as they employ ever fewer people? People will need to be paid to be consumers. Or else the economic cycle will grind to a halt. We were promised a future in which automation would mean that we typically work less. That should not mean people living in poverty. Especially since the liquidity which keeps the economy flowing is a shared resource. Edited May 18, 2018 by pongo 1 2 Quote Link to comment Share on other sites More sharing options...
Bobbie Bobster Posted May 18, 2018 Share Posted May 18, 2018 30 minutes ago, pongo said: It's a separate issue - but universal income is going to make increasing sense in a world of automation. That's what the new economics will be about. Central banks or govts create money by spending or lending it. Govt controls money supply and inflation by taxing excess liquidity and the hoarding of cash (as opposed to investing). Corporations need consumers who actually have money to spend. Or else what is the point of corporations as they employ ever fewer people? People will need to be paid to be consumers. Or else the economic cycle will grind to a halt. We were promised a future in which automation would mean that we typically work less. That should not mean people living in poverty. Especially since the liquidity which keeps the economy flowing is a shared resource. The economics of the future will be somewhat different. The acquisition of wealth will no longer be the driving force in our lives. 1 1 2 Quote Link to comment Share on other sites More sharing options...
woody2 Posted May 18, 2018 Share Posted May 18, 2018 36 minutes ago, pongo said: It's a separate issue no its not this is about a movement that has become the gov. in italy forcing the eu to pay, something the eu won't do...... universal income has just failed elsewhere..... "too big to fail" the eu's funeral march has started..... 2 Quote Link to comment Share on other sites More sharing options...
Rog Posted May 18, 2018 Share Posted May 18, 2018 23 minutes ago, Bobbie Bobster said: The economics of the future will be somewhat different. The acquisition of wealth will no longer be the driving force in our lives. That day will NEVER dawn. 1 Quote Link to comment Share on other sites More sharing options...
Rog Posted May 18, 2018 Share Posted May 18, 2018 12 minutes ago, woody2 said: no its not this is about a movement that has become the gov. in italy forcing the eu to pay, something the eu won't do...... universal income has just failed elsewhere..... "too big to fail" the eu's funeral march has started..... Universal income is universal poverty. 1 Quote Link to comment Share on other sites More sharing options...
mojomonkey Posted May 18, 2018 Share Posted May 18, 2018 Universal income is an interesting concept, put forward by both sides of the political spectrum in history but it seems doomed to fail. Finland recently trialed it and concluded it wouldn't work on a national scale. I assume the market would just inflate to take account of the basic income. 2 Quote Link to comment Share on other sites More sharing options...
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