The idiocy of Jobkeeper payments, page-57

  1. 28,654 Posts.
    lightbulb Created with Sketch. 89
    " it's not 'borrowed' ----------- money is manufactured ------ it's nothing more than some zeros on a screen - nothing more, nothing less "

    Hmm, yes ,but who owns the paper money?

    2/3rds of the paper money is foreign owned, bearing in mind its nominated in Australian dollars.

    So, to buy it back, there will be an interest earnt , hence the frigging borrowing FFS.

    Raider



 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.