Ms Ruby Scarlet ♾️♿✒️🎨🦄☘️🍉
banner
msrubyscarlet.bsky.social
Ms Ruby Scarlet ♾️♿✒️🎨🦄☘️🍉
@msrubyscarlet.bsky.social
Polycrip: AuDHD SPMS, INTP, Ace, Feminist, "Hard Left"ist, wide awoke, Author, Artist and part-time Libertine. Views my own, but everyone is entitled to my opinion 💋
He has the exact same dead eye stare as Reeves.

The Stepford PLP.
November 13, 2025 at 6:14 PM
The main issue with wealth inequality is that so much wealth is hoarded, taxing the tiny fraction being spent won't help much.

Taxing 'idle' wealth would be more lucrative, as well as stimulating and incentivising economic activity, which creates opportunities, innovation and revenue (GDP and tax).
November 13, 2025 at 6:11 PM
The Torah says the same (re state or nation), yet Israel...

The irony of telling me to read things other than propaganda, whilst simultaneously relying on a book about a sky fairy...

It's so cute.
November 13, 2025 at 5:35 PM
Yawn
November 13, 2025 at 5:34 PM
...we didn't start the fire...

Sorry, Gen X brain.
November 13, 2025 at 6:09 AM
It's a particular variety of extremely common quark, known as a twat.
November 12, 2025 at 10:37 PM
So does Judaism, and Christianity (the brotherhood of mankind).
November 12, 2025 at 10:34 PM
I think all the European governments are in a flat panic now DJT has made it clear NATO is a dead duck, and Putin is playing war games on the Eastern borders of the EU.

Starmer, in particular, seems to favour sucking up to DJT over building Europe's own NATO forces to counter the threat.
November 9, 2025 at 9:31 PM
were actually almost three times the price in the UK.

This is a phenomenon that has gradually disappeared over the last twenty years or so. Which is why, I believe, so many Americans are finding the cost of living so high - ie it's now the same as everywhere else in the world.
November 9, 2025 at 9:28 PM
HEAVILY subsidised, with prices for commodities (jeans, gasoline, food, etc) extremely low in comparison to other nations. In the UK, for example, the price of a pair of Levis was the same in UK pounds as in US dollars, ie $30 and £30.

But the exchange rate was c. £1 = $2.75, meaning they..
November 9, 2025 at 9:26 PM
to 'print baby print', it enabled the US to reinforce its economic and financial dominance across the world, and gave it a tool with which to cripple enemies (by currency controls, thereby effectively preventing 'enemy' governments from being able to buy or sell oil).

The US domestic economy was..
November 9, 2025 at 9:25 PM
required to sustain economies (eg oil) was entirely tangible, and in high demand. The US benefitted greatly as they were able to establish the dollar as the world's reserve currency, and enforce the rule that oil could only be traded in dollars.

In conjunction with the new ability..
November 9, 2025 at 9:22 PM
I think there is more to the turbulence of the 1970s than meets the eye. An oil crisis followed hard on the heels of the abandoning of the gold standard and adoption of fiat currency as the 'norm' in developed economies.

Money was not anchored to anything tangible any more, but the commodities..
November 9, 2025 at 9:20 PM
None taken :)

I'm interested to hear your thoughts, why do you consider UBI to be a terrible idea?
November 9, 2025 at 9:18 PM
You had an excellent maths teacher :)

Indeed, it's a system of promissory notes which facilitate trade between people who don't have mutually desirable commodities to exchange for things they need.

The problem is the 'commoditisation' of money, and the social/political consequences of that.
November 9, 2025 at 9:16 PM
Modern Monetary Theory. It's an evolution of Keynesian thought that bypasses the 'economic theory' and instead addresses the reality of how the economy works in practice.

You would find it interesting, I'm sure.
November 9, 2025 at 8:55 PM
You never see such a concentration of Marxists outside of the financial industry. They KNOW the whole money game is a scam, and that there are no rules set in stone that can be used to control the real world economy.

Everything can be manipulated, its the game of confidence and bullshit.
November 9, 2025 at 1:29 AM
his Masters in Economics this summer. When he was early in his studies we had many heated discussions about economics and its relevance (or otherwise) as an academic subject to the real world. He was a true believer.

He now agrees with me LOL.

My eyes were opened by a career in merchant banking..
November 9, 2025 at 1:27 AM
Ah, thank you, that context explains a lot.

I did a degree in Economics and Political Science thirty years ago, at the time I thought it all made perfect sense too. Eventually though you realise it's actually 99% nonsense LOL

I've had the very same type of conversation with my son, who completed..
November 9, 2025 at 1:25 AM
The IRA was Keynesian use of capital investment to encourage economic growth. However, issues like wage stagnation, technological unemployment, resource depletion & increasing inequality are not solved by such policies.

Inflation is controlled by taxation. It is literally the purpose of taxation.
November 9, 2025 at 1:23 AM