so basicaly your solution is just to make free money?
Also if the bank is not making interest, why would it take the risk of lending money?
I agree, it's not right.well, he did say "anyone" - which is what I think is wrong in the first place.
Maybe I'm being naive about the economy and the way it works, but I'm not sure why an institution can make up money, loan it to rich institutions for hardly anything then when your average joe bloggs wants a house which he has to pay 50% more for it than it's worth
The BoE doesn't lend money, it creates it, at interest.
so how would changing that suddenly pay for everything?
someone make gillywibble chancellor!
he has the solution!! just give everyone free money, it will pay for everything.
why has no one thought of this before?? print money, give it out, no more poverty.
AMAZING!
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A number of options exist, just the average member of the public isn't even willing to consider another system which breaks the current method. Neither are those who stand to lose (those who benefit most from our current system) something from it, open to putting it on the table as a different method.
Personally, I'd like to have a fully written ethical constitution based off the goal of reducing objective human suffering.
Once you have that safeguard in place you enact a technocratic society (technocracy - http://en.wikipedia.org/wiki/Technocracy) & let the scientific method of problem solving determine how to achieve those goals (through a myriad of different testing/prototyping methods) - all which would be open to criticism & peer review.
Decisions on healthcare should most certainly be made by our foremost experts in the field, the same with anything - why we should let politicians (who are little more than salesman with the gift of the gab) determine how we run incredibly complex social systems is beyond me.
If we want an inclusive productive society, with good public health, low crime & a high standard of life satisfaction then we can put in place solutions to achieve these goals.
Personally, democracy has two critical flaws I'd argue - firstly it simply gives us the ability to make sub-optimal choices & secondly it's reliant on the ability of the population to be able to judge the skill/validity of the politicians arguments (which as we all know, isn't how our system works).
We have an ignorant public, voting for clueless leaders to achieve unspecified goals using unproven methods - we then complain when it doesn't work.
This is stupid.
Once you have that safeguard in place you enact a technocratic society (technocracy - http://en.wikipedia.org/wiki/Technocracy) & let the scientific method of problem solving determine how to achieve those goals (through a myriad of different testing/prototyping methods) - all which would be open to criticism & peer review.
Decisions on healthcare should most certainly be made by our foremost experts in the field, the same with anything - why we should let politicians (who are little more than salesman with the gift of the gab) determine how we run incredibly complex social systems is beyond me.
.
someone make gillywibble chancellor!
he has the solution!! just give everyone free money, it will pay for everything.
why has no one thought of this before?? print money, give it out, no more poverty.
AMAZING!
![]()
We need a "None of the above" box on ballots tbh. Everyone could be made to vote then!
You can do this by spoiling the ballot paper. The quantity of spoilt ballots is recorded in the report.