• 4 Posts
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Joined 2 years ago
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Cake day: May 19th, 2024

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  • It’s 506 billionaire euros:

    At the previous summit, Belgium blocked the decision; Euroclear Holding, which holds the immobilized assets on its balance sheet, is headquartered there. In an interview with RTBF Valerie Urbain, Euroclear’s сhief executive officer, voiced her opposition to the “reparation loan” mechanism and said that she was ready to challenge this decision in court.

    This is why Governments need to take the fight against Neo-Liberalism and Capitalism seriously. Nationalise this company, and throw the CEO in jail for a bit.


  • Taxes are deflationary (they are the death of money), rather than cut spending - you could just slap a bunch of taxes on Musk and others hoarding of wealth.

    That’s the problem with spending cuts, you might be cutting deflationary spending, or price stabilizing spending. Not all spending is inflationary.

    A homeless person often costs the government more than an unemployed person, because usually they’re gonna still be collecting some benefits here and there, often they end up in jail, or are more likely to use public housing, or do crimes which need policing/court involvement… It all stacks up.

    Preventing people from becoming homeless is deflationary.