Tell 'em to use Google.

My son works in a disability service in Scotland. I will ask him to write a report and to sent it to the NDIS mob.  Of course I will need my cut for facilitating this report, but the NDIS can afford it.

Coalition governments  3-2. But the People's party haven't done anything, Except of course to propose taking autism off the list, to save money.

thegreatdivide wrote on Sep 3^rd, 2025 at 4:50pm:



So not all autistic people are severely disabled. Please show your research.

thegreatdivide wrote on Sep 3^rd, 2025 at 4:50pm:



So a supporter of MMT agrees with you, in part.

But wasn't one of your mantras, "just print money", because last I looked UK did print their own money. Of course increasing electricity prices is a drain on jobs, the economy...

And we can see that the UK is disappearing down its own fundament. Trying to back track on Net Zero

thegreatdivide wrote on Sep 3^rd, 2025 at 10:27pm:



Now all you have to do is define severe autism. Does it necessarily require life-long support?

thegreatdivide wrote on Sep 3^rd, 2025 at 10:27pm:


\More BS by you.

"We were nationalised by the government in 1946 due to our importance to the economy."

https://www.bankofengland.co.uk/explainers/who-owns-the-bank-of-england

"Does the Bank of England print money for England or the whole or the UK? "

https://www.reddit.com/r/AskUK/comments/14wdh1i/does_the_bank_of_england_print_m...

thegreatdivide wrote on Sep 3^rd, 2025 at 10:27pm:



The delusion is yours. So tell us how net zero is going, what backdowns have occurred, and what is being done to turn it around.

Any questions on where the money goes and how effective it is will result in you being accused of having no empathy for disabled people. Its the perfect trough, no one is allowed to question where and why you are spending the money.

lee wrote on Sep 5^th, 2025 at 1:38pm:


(Teaching you is like 'pulling teeth'/herding cats'...)

And the govt. wants to ensure those cases which MAY require long term support are the ones supported by the NDIS, not the ones which don't, to save NDIS money. 

Quote:



Crippled-brain Lee on  his 'fake science'  junket....

Quote:


WHO is informed by science.

Quote:


See how crippled brain lee builds his case on rejection of science; now he has added "usually" to "necessarily" in an attempt to counter science he doesn't like. 


Quote:


Which they do, as the BofE itself confirmed:

"This article explains how the majority of money in the modern economy is created by commercial banks making loans.


Got that?

iow, the UK (govt) doesn't "print its own money", rather (the majority of) money in the UK economy  is issued by private banks.

Quote:


Poor crippled brain lee is saying it, because  he insists central banks "print" money for the government which nevertheless still has to pay back interest on bonds the govt. issues, ignoring the majority of money which is "printed" by private banks, for the private sector, and lent to the government via bond  sales.

[In wars, govts. sell bonds to divert private consumption to funding the war effort.  In normal times govt's don't NEED to sell bonds, an operation which is only a convention designed to prevent government from  encroaching on private sector resouce allocation.

Quote:


Of course, because most of the UK's money supply is created in private banks....yet the government is faced with  the lower half of the population demanding more govt. spending on essential services such as health and education, while Lee is bleating about paying higher taxes. 

Quote:


Crippled-brain lee again; how does 'utilizing resources required for the transition' NOT address that particular point? Obviously all maintenance is included in the cost of transition.

Quote:


More dumb questions from lee. BHP etc profits from mining copper etc, but the profit-seeking fossil companies have to be shut down.

So the REAL cost to the nation (in macroeconomic terms)  is the 'opportunity cost' of the RESOURCES available to the nation  - since 'money is created out of thin air', but mostly by the self-interested private sector's banks, by ancient convention.   

This is what has to  change, so the 'taxpayer' isn't on the hook for the 'cost' of the transition. 

thegreatdivide wrote on Sep 5^th, 2025 at 3:07pm:



No. They want to define those that are severely affected. Not the same thing.

thegreatdivide wrote on Sep 5^th, 2025 at 3:07pm:


So a non-sequitur from a non-sequitur being.

thegreatdivide wrote on Sep 5^th, 2025 at 3:07pm:


'Then why do WHO not accept peer review studies that don't accord with their "beliefs"? That is not science.

thegreatdivide wrote on Sep 5^th, 2025 at 3:07pm:


See another non-sequitur. What science have I rejected? All I have said is that there are other studies that say different. Oh that's right you believe in science by "consensus", even though it was scepticism that overturned established science. You don't understand science at all.

thegreatdivide wrote on Sep 5^th, 2025 at 3:07pm:


Money creation is not the same as printing money. If you believe different show where banks in the UK print money, rather than creating it.

thegreatdivide wrote on Sep 5^th, 2025 at 3:07pm:



And issueing is not the same as printing.

You keep making mistakes in your posts which show you don't undersatnd economics at all, so much for you "MMT for the gullible"

thegreatdivide wrote on Sep 5^th, 2025 at 3:07pm:


So let's parse that. The UK Central Bank, the BofE, is a subset of Treasury, which is the sole shareholder and customer, so twice divorced from "government",

You still haven't shown that private banks "print" money.

thegreatdivide wrote on Sep 5^th, 2025 at 3:07pm:


So you have never heard of resource depletion.

Maintenance is not the same as complete replacement. Which is not factored in.  You don't even understand the difference between ''mainteanace" and "capital costs".

thegreatdivide wrote on Sep 5^th, 2025 at 3:07pm:


So how in this post-Utopian world will mining for copper be done? What is the availability of the copper resource? Renewables are a heavy user of copper.

thegreatdivide wrote on Sep 5^th, 2025 at 3:07pm:


Ah yes the Utopian dream lives on.

thegreatdivide wrote on Sep 5^th, 2025 at 6:03pm:



Nope it depends on the individual.

thegreatdivide wrote on Sep 5^th, 2025 at 6:03pm:


So if they do have research capabilities show their peer-reviewd research.

thegreatdivide wrote on Sep 5^th, 2025 at 6:03pm:


"What we now see is a top-down, command-and-control approach, based on a narrow scientific base and the preferences, or prejudices, of a few major donors. "

https://www.socialsciencespace.com/2023/04/can-we-trust-the-world-health-organiz...

" Select Subcommittee members discussed the existing, severe flaws within the WHO framework, described the CCP’s cover-up of COVID-19 — which was aided by the WHO — and demanded American interests be placed at the forefront of WHO reform discussions. "

https://oversight.house.gov/release/hearing-wrap-up-the-world-health-organizatio...

"The IO has found itself in this current predicament again though due to a number of perceived misguided actions and judgements, or ‘mistakes’, in its management of recent health emergencies. These notably include the 2009 H1N1 influenza pandemic and the 2014 West African Ebola outbreak."

https://pmc.ncbi.nlm.nih.gov/articles/PMC7122988/

Note: the quote marks are not mine around "mistakes".

thegreatdivide wrote on Sep 5^th, 2025 at 6:03pm:



Really? Where exactly did I do that?

thegreatdivide wrote on Sep 5^th, 2025 at 6:03pm:

[/quote]


So you can take a quote out context. GTF. (Good Try Fail)

thegreatdivide wrote on Sep 5^th, 2025 at 6:03pm:



You tell us it is your story.

thegreatdivide wrote on Sep 5^th, 2025 at 6:03pm:


False.

thegreatdivide wrote on Sep 5^th, 2025 at 6:03pm:



If I am a bank teller and you hand over a cheque I can issue you with cash. I don't print it.

thegreatdivide wrote on Sep 5^th, 2025 at 6:03pm:



Such a simple thing for those simpletons among you.

thegreatdivide wrote on Sep 5^th, 2025 at 6:03pm:


"This Memorandum of Understanding (MOU) describes the key responsibilities of the Bank of England (‘the Bank’) in managing its Financial Framework and documents current practical arrangements and the day-to-day working relationship with HM Treasury (‘the Treasury’) in its role as sole shareholder and customer. "

...

"The Bank and the Treasury have agreed that information-sharing arrangements should be in place to allow transparency and cooperation between the Bank and the Treasury (acting in its capacity as sole shareholder of the Bank, as departmental sponsor or as a customer), which will ensure that there is a common understanding of the Bank’s income, expenditure, dividend, and capital position and as context for any changes being proposed to the funding of the Bank. "

https://www.gov.uk/government/publications/memorandum-of-understanding-between-h...

thegreatdivide wrote on Sep 5^th, 2025 at 6:03pm:


Created yes. Not printed. Jeez you are thick.

thegreatdivide wrote on Sep 5^th, 2025 at 6:03pm:


BS. Just a salad sandwich.

thegreatdivide wrote on Sep 5^th, 2025 at 6:03pm:


Nope. It wasn't. Now you are arse-covering.

thegreatdivide wrote on Sep 5^th, 2025 at 6:03pm:



And yet there is no sign of this emergency. Perhaps you can detail it otherwise.

thegreatdivide wrote on Sep 6^th, 2025 at 12:50pm:



The individual has an ability to cope. Different individuals with the same severity have the ability to cope differently.

thegreatdivide wrote on Sep 6^th, 2025 at 12:50pm:


That is not what you said. Thanks for the backdown. As I said they choose which to believe.

thegreatdivide wrote on Sep 6^th, 2025 at 12:50pm:



Nowhere did I say that. You just keep making schit up.

thegreatdivide wrote on Sep 6^th, 2025 at 12:50pm:



The cause of the pandemic has long been solved. I didn't even talk about different levels of disability. Autism is BROADLY defined at Level1, 2, or 3. Level 3 being the most severe. But that does not meanall Level 3's are at the same level.

thegreatdivide wrote on Sep 6^th, 2025 at 12:50pm:


So you resile your position that governments create money ex nihilo?

thegreatdivide wrote on Sep 6^th, 2025 at 12:50pm:



Yes and it was within the context that other studies see things differently, not that proves any one right or wrong. So much bluster trying your interpreatation.

thegreatdivide wrote on Sep 6^th, 2025 at 12:50pm:



You have logicalk progreesion? It seems you use AI, including yoyr own. Not really there yet, keep trying.

thegreatdivide wrote on Sep 6^th, 2025 at 12:50pm:


Then you should have a reference. you haven't provided one anywhere here. thegreatdivide wrote on Sep 6^th, 2025 at 12:50pm:



But it is money issued by a bank.

thegreatdivide wrote on Sep 6^th, 2025 at 12:50pm:



Nope. In fact I said that it is NOT printing money.thegreatdivide wrote on Sep 6^th, 2025 at 12:50pm:


So being the sole shareholder and customer does not make it the owner of the BofE, and does not remove it one more place from government?

thegreatdivide wrote on Sep 6^th, 2025 at 12:50pm:


Again no link. Your interpretation?

thegreatdivide wrote on Sep 6^th, 2025 at 12:50pm:


I did not say that either. I said the the central bank (BofE) prints the money.

thegreatdivide wrote on Sep 6^th, 2025 at 12:50pm:


You still haven't provided a link for "print" equates to "create".

thegreatdivide wrote on Sep 6^th, 2025 at 12:50pm:



Oh a "rapidly increasing  majority"? Perhaps you can provide a link for that?

And of course that disagrees with the IPCC assessment. An Independent functionary of the WMO and UNEP.

"The IPCC is an independent body founded under the auspices of the World Meteorological Organization (WMO) and the United Nations Environment Programme (UNEP)"

https://unfccc.int/topics/science/workstreams/cooperation-with-the-ipcc

And yet other UN bodies disagree with the IPCC. Go figure.

What a shame - they just missed out on the annual migration to the warm north..

thegreatdivide wrote on Sep 7^th, 2025 at 5:02pm:



So you do not believe in individuality? In the difference of capability to cope? What exactly other than your usual word salad.

thegreatdivide wrote on Sep 7^th, 2025 at 5:02pm:



Do you want them to do it right? Have you seen anything of their proposed methodology, or just their headline grab?

thegreatdivide wrote on Sep 7^th, 2025 at 5:02pm:



So you can't answer the statement.

thegreatdivide wrote on Sep 7^th, 2025 at 5:02pm:


answered above.

thegreatdivide wrote on Sep 7^th, 2025 at 5:02pm:



Ansswered above.

thegreatdivide wrote on Sep 7^th, 2025 at 5:02pm:


In fact the MOU says nothing about private banks or ex nihilo created money. Your assertion is False. Serial Liar.

thegreatdivide wrote on Sep 7^th, 2025 at 5:02pm:


And all yours.

thegreatdivide wrote on Sep 7^th, 2025 at 5:02pm:



Repeated questions do not improve their worth.

thegreatdivide wrote on Sep 7^th, 2025 at 5:02pm:


You still don't understand the difference between "created" and "printed". Nowhere have you provided a link that says so. So I can only assume it is in your tiny mind.

thegreatdivide wrote on Sep 7^th, 2025 at 5:02pm:


And still no link saying "creation" is the same as "printing".

."Money creation refers to the process by which new money is introduced into the economy through various means such as bank lending, government spending, and central bank actions. This process is carefully regulated and controlled to ensure stability in the financial system. On the other hand, money printing specifically refers to the physical printing of banknotes and coins by the government or central bank. While money printing is a component of money creation, it is just one small part of the overall process. Money creation involves a much broader range of activities and mechanisms that contribute to the overall supply of money in the economy."

https://thisvsthat.io/money-creation-vs-money-printing

A damning report reveals more than 90 per cent of NDIS providers operate without scrutiny on the $52 billion a year scheme.

https://www.skynews.com.au/australia-news/politics/damning-report-reveals-more-t...

So why has the govt allowed unregistered providers to provide services to NDIS participants?  And why wouldn't this Labor run NDIS committee also want to hop on the gravy train largesse?

The whole scheme is just a way for crims and organised crime to make a killing at the expense of the taxpayers and the disabled. 

A typically loony lefturd scheme.  

lee wrote on Sep 8^th, 2025 at 1:17pm:


You have avoided answering the question, by claiming the  severity of an individual's disability is dependent on the individual's ability to cope....as in " So you do not believe in individuality? In the difference of capability to cope?"

Both inane questions: the first makes a false statement  about what I believe, the second proposes the level of disability, and hence level of support - is subjective.    

Quote:


If people understood the reality, ie, most money is created ex nilhio in private banks, not in the central bank, then your mainstream nonsense about central bank "money printing". and nonsense re 'taxpayer money',  would be seen as the delusions  they are.

And the topic of this thread  would be concerned about the best use of the nation's available resources, eg  to support severe disability, not about 'saving (taxpayer) money'.

Quote:


YOU are claiming only the central bank "prints"  money, as in "[i]I did not say that either. I said the the central bank (BofE) prints the money.]/i]"

Obviously you apparently don't need a link saying "creation" is the same as "printing", when it comes to the central bank - you yourself claim the central bank "prints" money.. 

But now you know private banks - the creators  of most money in the economy -   also "create" - or "print" - money ex nihilo, though  you ignorantly/ideologcally  limit  the  term "printing" to money creation in the central bank.    




   

thegreatdivide wrote on Sep 9^th, 2025 at 12:10pm:



What false statement about what you believe? The level of support is, according to the government, subjective.

thegreatdivide wrote on Sep 9^th, 2025 at 12:10pm:


So where have I said that money is not created?

thegreatdivide wrote on Sep 9^th, 2025 at 12:10pm:


Actually I said the BofE prints the money. You haven't. Now where have you posted the link that other banks "print" rather than "create" money?

thegreatdivide wrote on Sep 9^th, 2025 at 12:10pm:


Your claim is that the private banks print money.

thegreatdivide wrote on Sep 9^th, 2025 at 12:10pm:


See there you go again making unsubstantiated claims. Show the link. It shouldn't be so hard for a "guru" like you.

thegreatdivide wrote on Sep 10^th, 2025 at 4:31pm:



So a question is now a statement.

thegreatdivide wrote on Sep 10^th, 2025 at 4:31pm:


But you criticised me for saying it is subjective. You can't even get your arguments straight. "the second proposes the level of disability, and hence level of support - is subjective."

thegreatdivide wrote on Sep 10^th, 2025 at 4:31pm:


And where did I disagree?

But I still see no link where "creating" money is the same as"printing" money.

Merely regurgitating your beliefs is not good enough.You are a world-class chump.

thegreatdivide wrote on Sep 11^th, 2025 at 9:30pm:



No, I inferred nothing. Sometimes a question is merely a question.

thegreatdivide wrote on Sep 11^th, 2025 at 9:30pm:


thegreatdivide wrote on Sep 9^th, 2025 at 12:10pm:


You can't even keep your lies straight.

thegreatdivide wrote on Sep 11^th, 2025 at 9:30pm:


The BofE is a central bank. It does indeed print money. Note: Not "print" money.

"The factory where all of England's banknotes are printed is located right here in Essex - in the village of Debden, just a short distance from the M11. The Bank of England Printing Works building is situated along Langston Road."

https://www.essexlive.news/news/essex-news/secret-factory-near-m11-englands-9641...

thegreatdivide wrote on Sep 11^th, 2025 at 9:30pm:


Nope they are just beliefs as shown above.

thegreatdivide wrote on Sep 12^th, 2025 at 4:57pm:



So proving you are intellectually deficient.

thegreatdivide wrote on Sep 12^th, 2025 at 4:57pm:



Ah The words mean different things, but you choose to go with your belief systems again.

thegreatdivide wrote on Sep 12^th, 2025 at 4:57pm:



And yet you still can't find a link where it says that. Talk about frauds.

thegreatdivide wrote on Sep 12^th, 2025 at 4:57pm:


Nothing erroneous about printing vs "printing".

thegreatdivide wrote on Sep 12^th, 2025 at 4:57pm:


So where have I said that? Be specific, fraudster.   

thegreatdivide wrote on Sep 12^th, 2025 at 4:57pm:



And MMT not mentioned in your fraudster link.

thegreatdivide wrote on Sep 13^th, 2025 at 12:03pm:



You haven't proven anything merely keep making jumbled statements.

thegreatdivide wrote on Sep 13^th, 2025 at 12:03pm:



So you changed the words because it was your "right"?

thegreatdivide wrote on Sep 13^th, 2025 at 12:03pm:



Nowhere does it say it, except in your enfeebled brain. Not one source. You just believe because you want to believe.

thegreatdivide wrote on Sep 13^th, 2025 at 12:03pm:



I never said anything about ex nihilo, money creation. It doesn't mean I disagree with that assessment. It just doesn't translate to your other meanderings.

thegreatdivide wrote on Sep 13^th, 2025 at 12:03pm:



So monety printing is not relevant to money printing. Classic delusuonal thinking.

thegreatdivide wrote on Sep 13^th, 2025 at 12:03pm:


Ah, works for all. Let us know when we get there, it hasn't yet, and is unlikely in the future.

thegreatdivide wrote on Sep 13^th, 2025 at 12:03pm:



More blind belief. But somehow we will all be equal, no=one will have more than another.

thegreatdivide wrote on Sep 15^th, 2025 at 4:08pm:


Nope. Merely that you have nothing but your beliefs.

thegreatdivide wrote on Sep 15^th, 2025 at 4:08pm:



It is your inability to keep track of what you are supposed to be saying.

thegreatdivide wrote on Sep 15^th, 2025 at 4:08pm:



Thank you finally. Central banks do print money. It took you long enough.

But that doesn't stop him from going too far again. He accepts that central banks do print money, but that he says takes nothing away from his belief "printing" and printing are the same.

thegreatdivide wrote on Sep 15^th, 2025 at 4:08pm:



Oh a nickname? A nickname does not bestow upon anyone, anything of substance. It does not automatically mean they are equivalent.

thegreatdivide wrote on Sep 15^th, 2025 at 4:08pm:


"Is similar to" is also not "same as". It merely means they have some similarities.

thegreatdivide wrote on Sep 15^th, 2025 at 4:08pm:


Who cares what it says. it doesn't detract from you being a total fraud.

thegreatdivide wrote on Sep 15^th, 2025 at 4:08pm:


That is your interpretation. 

thegreatdivide wrote on Sep 15^th, 2025 at 4:08pm:



You really like nicknames. That doesn't mean that they are actually applicable.

thegreatdivide wrote on Sep 15^th, 2025 at 4:08pm:



Oh dear, you really are wedded to the idea of nicknames.

thegreatdivide wrote on Sep 15^th, 2025 at 4:08pm:



And you have the solution? Don't drink it.

thegreatdivide wrote on Sep 15^th, 2025 at 4:08pm:


So how would you achieve it without taking from the rich and not so rich, to reach this nirvana? Keep "printing money"? What could possibly go wrong?

thegreatdivide wrote on Sep 17^th, 2025 at 11:49am:



Yep. Now you are reduced to quoting things not related. And you see yourself as Trump?

thegreatdivide wrote on Sep 17^th, 2025 at 11:49am:


I queried their methodology, which as yet, has not been proposed. But you are all in… because.

thegreatdivide wrote on Sep 17^th, 2025 at 11:49am:


Nope. Another misquote, Nothing about choice.

thegreatdivide wrote on Sep 17^th, 2025 at 11:49am:


Yes and you have not shown otherwise.

thegreatdivide wrote on Sep 17^th, 2025 at 11:49am:


Which is NOT the same as printing.

thegreatdivide wrote on Sep 17^th, 2025 at 11:49am:


It is.

thegreatdivide wrote on Sep 17^th, 2025 at 11:49am:


But it is your belief and you have posted nothing to confirm your belief that "issue" or "create" or "print" are the same thing"

thegreatdivide wrote on Sep 17^th, 2025 at 11:49am:



Common usage doesn't make it correct either.

thegreatdivide wrote on Sep 17^th, 2025 at 11:49am:



Only in your pea brain otherwise you woukd quote one of your MMT mentors.

thegreatdivide wrote on Sep 17^th, 2025 at 11:49am:



Once again you haven't shown it, you have shown diddly squat, except for your "interpretations".

thegreatdivide wrote on Sep 17^th, 2025 at 11:49am:


You haven't even shown a link. Was it your own quote?

thegreatdivide wrote on Sep 17^th, 2025 at 11:49am:



You haven't even shown that.

thegreatdivide wrote on Sep 17^th, 2025 at 11:49am:


To repeat - it means no such thing, unless it specifically says so.

thegreatdivide wrote on Sep 17^th, 2025 at 11:49am:



Kumbayah. thegreatdivide wrote on Sep 17^th, 2025 at 11:49am:



Ah yes, back to "controlling inflation". With productivity rises? Except productivity is going down. Resources? You haven't explained how resources improve witha decline inproductivity.
Something else?

3 pages of waffle & shyte from TGD. 

No surprise there.

lee wrote on Sep 17^th, 2025 at 1:31pm:


Low IQ; you are claiming  the necessity to fund disabilty depends on the individual's "ability to cope", rather than  the severity of the disability - a belief  on par with Kirk's conservative view of reality.

And no I don't see myself as Trump, I see you as a crippled-brain Conservative who thinks 'poverty is always with us'; whereas  Trump thinks he knows how to eliminate poverty in the US....at the expense of the rest of the world...... 

Quote:


Their method - to ensure the NDIS is sustainable - is to move cases of non-severe disability to other less resource-intensive/expensive support programs.

I'm in,  because sustainability of the support is rational and necessary. 

Quote:


Government has to fund the actual support needed, not choose between the individuals' perceived abilities to cope. 

Quote:


One person with autism may need an entirely different - and much cheaper - support program, cf another with autism - a condition which is mannifested in a continuum from severe to moderate disability. Indeed some autistic people don't require external support at all;  they can cope very well, unlike the people the government must support.

Quote:


OK, now is your chance to say WHAT  printing means  (ie in  a mostly cashless economy.

Does it mean printing,  or "printing",  or creating money ex nihilo? 

Quote:


So you need to define what YOU mean by printing money, in a cashless economy.

Quote:


I have explained (a) common usage (and the common confusion) of the terms printing and "printing";   and (b) the reality of money creation.   

Quote:


My very point; so now's your chance: what do YOU think it means? 

Quote:


Says the dummy who can't - or won't -  say what he thinks printing money, or "printing money"  means, cf.  creating money ex nihilio.

Quote:


Dummy can't even comprehend a simple sentence from google:  "QE is nick-named as"printing" (by the general public).   

Quote:


Indeed, let's rejoice the solutions made available by the Modern Money school  for eradicatig poverty and war, rather than blindly supporting the status quo out of ignorance re money creation and inflation control.

Quote:


Wow, there might be hope for the crippled Conservative brain yet, to heal itself.

He is asking the right questions, after being dragged kicking and sceaming to consider an economy which works for all.

Answers:

(a) no; increasing productivity in the macro-economy depends on technology advances, not people working harder in individual workplaces.

(b) yes, or rather managing resources to ensure supply always meets demand, in the macro-economy.

[Re "a decline in productivity": productivity measures the number of work-hours needed to produce widgets sold in a market place,  and is of secondary importance as an economy becomes increasingly services based  (eg health, age/child care, and education),  as automation and tech advance replace workers in the comsumer-goods-production sector, releasing workers for the services sector. 

iow, the services sector doesn't produce widgets to be sold in a competitive market place, it (mostly) produces the caring services needed and expected in a  humane community.

eg, doubling the number of students per teacher likely DECREASES productivity, even though statistically twice as many students are being taught per teacher, because of teacher burn out and less specialized care per student, leading to worse educational outcomes.]

(c) yes.

First step, replace the "independent reserve bank" - with its blunt, interest rate setting tool - with a dedicated  inflation control agency, in a mandated full employment,  zero interest rate policy scenario. 

By now you should know your "productivity" dogma is  ill-conceived; productive capacity of the macro economy is the significant factor.

lee wrote on Sep 18^th, 2025 at 5:15pm:


eg, some people are unable to physically feed themselves, whether due to mental or physical disability.  So "ability to cope" with disability is meaningless in those cases, the specifics of the disability as it relates to ability to survive, need to be addessed 

Quote:


Kirk was as deluded as you:

(article from Alternet)

When Charlie Kirk was assassinated, he was sitting under a tent that had “The American Comeback Tour” printed in huge letters across all four sides. It was the theme of his tour of college campuses, a tour run by his Turning Point organization that was, according to NBC News, early-funded by 10 morbidly rich right-wingers.

.... on health care, Kirk opposed the kind of universal health care every other developed country in the world has, calling the VA an example of failed “government-run” healthcare.

The article examines how the US middle class was decimated by the triumph of the Reagan/Thatcher 'small government'/low tax ideology, resulting in today's highly unequal society (I will post the entire article in the MMT thread).

Quote:


The CCP lifted 700 million people out of poverty at the fastest rate in history, at the same time as inequality has been soaring in the West, resulting in democracy becoming increasingly unviable as a form of stable government - hence the current murderous hyperpartisanship in the US.

[But indeed Western Neoclassical mainstream government debt ideology - also followed by PBofC economists -  is a problem in China, now that China is the world's largest manufacturing nation and the West wants to decouple from trade with China because the West can't compete].

Quote:


Why is determining the level of disability only a small part of funding the disability?   And I'm not speaking for "lefties" who - like you - divert to identity politics, when the real issue re government funded welfare is management of national resources.

Quote:


eg, determining the specifics of disability, such as whether the disabled person can feed himself...nothing to with "ability to cope". 

That's the disability part of the debate addressed; the funding part will be addressed in a following post.

Quote:


You still can't say what YOU mean by printing money ....or is it "printing money",  you low IQ fraud.   

So you divert with the question "who said it is a cashless economy"?

Answer:

(google):

Australia is not entirely cashless, but cash usage has significantly declined, with digital payments now dominating transactions and making it a "functionally cashless" society. While most businesses accept digital payments, some people, including the elderly, those in remote areas, and individuals without digital access, still rely on cash. Efforts are underway to ensure continued access to cash for those who need it, but the long-term trend indicates a future where digital transactions are the norm

So,  now you can answer the question: what do mean  by printing money... or is it "printing money" -  without diverting to your low IQ questions.

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Indeed, but YOU refuse to say whether "print" = print.

My point is both refer to money creation ex nihilo, though the public don't understand how money is created in our current dysfunctional economy, ie money is mostly created ex nilhilo in private banks, forcing government to raise revenue by  taxes, or borrowing, its own currency.

Ancient, obsolete ideology - the specialty of blind self-interested Conservative ideologues.   

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My point entirely.. to repeat:

MMT explains why currency-issuing governments CAN - with minor tweaking of laws relating to treasury and central bank regulations -  free government financing from subservience to bond traders and reluctant taxpayers, by creating its own currency ex nihilo, while directly controlling inflation as already explained - before you ranted about  lack of resources.


So what do YOU mean by money printing or is it "money printing"....

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As internet connectivity increases, and critiques of mainstream ecomnomics are more widely read, more and more people will understand poverty is a politcal choice (of Conservatives), not a necessity.

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"Productivity" (ie what YOU mean by it !) is falling,  but not because of  lack of technological advance, but because of the change  from industrial  to service economies. 

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Well, Oz IS self-sufficient in resources (we just have to refine our own lithium and rare earths), but to your point:  indeed the IMF and WB should be managing FAIR TRADE to ensure all nations can develop in a sustainable and fair fashion (to eradicate poverty),  instead of succumbing to the Conservative 'survival of the fittest' ethos.   

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See, you blindly missed the point that advancing technology lowers  productivity, as workers move to the services sector, because productivity - as measured by output per hours worked - isn't  necessarily the goal in a service industry; I gave the example of the school room where lower 'productivity' (more teachers per student)  can  mean better educational outcomes.

So your 'productivity' mantra fails.

Any more questions re an economy which works for all in Oz, given lack of resources in Oz isn't a problem, and we can import necessities not manufactured here.

thegreatdivide wrote on Sep 19^th, 2025 at 3:04pm:



BTW - You are using the wrong metric for productivity. Productivity is measured by the output of quality widgets, not just widgets. Or quality of product per hours worked.

Therefore, the correct metric should be about the quality of output of the students, not the teachers, The teachers are merely the means of production.

thegreatdivide wrote on Sep 22^nd, 2025 at 2:03pm:


Reference?

thegreatdivide wrote on Sep 22^nd, 2025 at 2:03pm:


For which you haven't given a source.

thegreatdivide wrote on Sep 22^nd, 2025 at 2:03pm:


That is your interpretation.

thegreatdivide wrote on Sep 22^nd, 2025 at 2:03pm:



So productivity has multiple meanings depending on YOUR definition.

thegreatdivide wrote on Sep 22^nd, 2025 at 2:03pm:


you were the one bleating about teacher's productivity, but they are merely means of production. Old machines, new machines that have to go to university for remedial English and maths just don't cut it.

What has more private cars have to do with any productivity? You are clutching at straws.

thegreatdivide wrote on Sep 22^nd, 2025 at 2:03pm:



Yes, so you have said. But what are these specific resources the public can purchase? And why free? if you have to purchase they are not free.

thegreatdivide wrote on Sep 22^nd, 2025 at 2:03pm:


Then the gas was  not a German resource, but Russian. 

thegreatdivide wrote on Sep 22^nd, 2025 at 2:03pm:



No risk? Never? You are an idiot.

thegreatdivide wrote on Sep 22^nd, 2025 at 2:03pm:


Two things-
1. green steel is not cheap. Not from wind, solar or hydrogen, of which (hydrogen) there are no commercial operations because of cost.

2. Other countries are far larger and can produce widgets far cheaper because of economies of scale.

That means it is a no go, just like automotive manufacturing.

thegreatdivide wrote on Sep 23^rd, 2025 at 3:36pm:



Oh google and wiki?

thegreatdivide wrote on Sep 23^rd, 2025 at 3:36pm:


You were the one suggesting Russian gas was a german resource and then late saying we are safe from the Chinese because solar panels, wind turbines and EV's because we have a positive trade balance. Trade balances mean nothing in the real world of wars and hegemony.

thegreatdivide wrote on Sep 23^rd, 2025 at 3:36pm:


But imports are a restriction in times of war, or merely international tensions.

thegreatdivide wrote on Sep 23^rd, 2025 at 3:36pm:



Oh yet. Hope springs eternal in the Chinese heart.

Why do the Chinese continue to build coal fired plants when,apparently, solar and wind are so cheap, and fast to install?

lee wrote on Sep 23^rd, 2025 at 3:56pm:


Yes.

The definition of debt monetization isn't a concept you can dispute, like climate science, it's merely a definition of a process related to  fiat currency creation. 

Google and wiki both say that printing money  = "printing money"  = creating money ex nihilo.

So stop being a dummy and learn the first lesson about fiat currency.

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Aha, so you reject the possibility of sustainable development in all nations, even though money is created ex nihilo, because the Chinese are a "threat"......

Thanks for enabling me to understand the real reason why you insist an economy which works for all is a 'pipedream' - even in Oz where resources are plentiful.

Trump of course is busy telling the UN why it is useless, while he is bent on MAGA....   

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Hopes springs eternal in all human hearts.

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Because coal plants operate 24/7 with the existing grid,  whereas new renewables need more time to develop new storage and transmission.

Hence, unlike the US and Oz who are blessed with large reserves of less carbon-emitting gas (which can also power an existing grid 24/7), China relies on coal  while it is transitioning to renewables at the fastest rate of any country in the world.

(google)

"China is rapidly increasing its electricity supply, accounting for half of the global increase in power generation in 2024 and experiencing the fastest growth in electricity consumption among major economies".

Yet China's carbon emissions are expected to peak before 2030,  as the necessary renewables storage and transmission infrastructure-rollout catches up to electricity supply requirements; China is also expanding its nuclear capacity at the fastest rate  of any nation.

(google)

At the current pace, China could overtake the U.S. in nuclear capacity by 2030, according to BofA's Tran

......

So back to money; I suppose you will continue to obfuscate on the issue of  printing money = "printing money" = creating  money ex nilhilo, despite the possibility of debt monetization by central banks. 

After all, creating an economy which works for all is a 'pipedream'...

Got it. 

lee wrote on Sep 24^th, 2025 at 7:36pm:


Interesting that a mere description of 'debt monetization' is apparently the basis of your rejection of the concept of debt monetization itself (as defined by google, wiki - and mainstream economic orthodoxy - who reject it because of (wrongly) perceived  inflation risks.

And while you can attempt to refute climate science by rejecting scientific observations re AGW/CO2 emissions, you can't reject a mere description of debt monetization which you can obtain from any mainstream economist - who indeed will bleat about the inflation risk of debt monetization.    

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You do understand the meaning of "informally"? It carries no weight at all. It certainly doesn't mean - "printing money  = "printing money"  = creating money ex nihilo." [/quote]

Crippled brain lee: the public's ignorance re money creation  results in the "informal and pejorative " equation of debt monetization with money printing.

Indeed, debt monetization IS "money printing"/money printing/'creation of money ex nihilo,  but the public pejoraively refer to it as "money printing" or, in your confused brain, simply money ptinting ...minus the quotes (!) . 

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Er - the google and wiki public sources spoke of "printing money"/printing money.... which are both public speak for creating money ex nihilo.

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No; Sri Lanka was forced to borrow IMF (and private) money because poor government management of the nation's resources resulted in debt being unrepayable.

But NO c-i government should borrow money, either in its own  currency or in IMF-loaned US dollars or other currencies. 

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Wrong again  (oh, crippled brain lee); I said Oz has a trade surplus with China (cf a deficit with the US, among others). Now of course if Conservatives like Morrison are claiming the CCP is evil, China will react.   

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Not tempered by the Conservative "might is right" ideology. 

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Crippled brain lee: manufacturing EVs in existing plants NOW creates more private wealth , than building massive new TW scale storage and transmission which will require years to rollout.   

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China is in fact rolling out high voltage lines transferring renewables (solar, wind)  from the Gobi desert to the East coast. But the demand for electricity is growing exponentially, huce the need to add coal to the existing grid until new renewables and nuclear overtake fossils, a decade long project. 


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Crippled brain lee" : "is on track to", and indeed China will need 4 times as much electricity as the US. 

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See MMT.  All money is created ex nihilo, the question is by whom.

Money printing is the perjorative term used by the unknowing public (USERS of the currency) who think the currency-ISSUING government's budget is like their houseld budget.

The 'earth is flat', you see - just look around you....   

thegreatdivide wrote on Oct 5^th, 2025 at 4:35pm:



And which they signally fail to do. You can't even point to one.

thegreatdivide wrote on Oct 5^th, 2025 at 4:35pm:


So you don't have any proof of them all being equal. You are a fraud.

thegreatdivide wrote on Oct 5^th, 2025 at 4:35pm:



And with all those homeless people. Bizarre.

A fall od 0.7%?

"Specifically, Wang projected that China's apparent steel consumption could fall by 0.7% from the 2024 forecast to sit at 893.71 million tonnes in 2025. "

https://www.seaisi.org/details/25874?type=news-rooms

thegreatdivide wrote on Oct 5^th, 2025 at 4:35pm:



Oh now it is storaged backed renewables? How many TW of storage?

thegreatdivide wrote on Oct 5^th, 2025 at 4:35pm:


So They don't need to overbuild, just rely on nameplate capacity to do it?

thegreatdivide wrote on Oct 5^th, 2025 at 4:35pm:


And never drops out? How well sealed are they from dust?

Dust doesn't enhance bearings, high winds scar the blades - it affects efficiency.