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philbc3.bsky.social
•
3 days ago
Another way of looking at this is taking £15bn out of the economy for no discernible reason.
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katiecannon.bsky.social
•
3 days ago
Government so callled “debt” = Domestic private savings - Private debt - Taxes - Foreign trade
Banks rely on government created currency
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stjohn75.bsky.social
•
3 days ago
I had a couple of grand refund for the last tax year from my tax on account (due to unemployment). I requested it in October, they didn’t pay me until February (after Jan 31st). That’s money I didn’t spend in the economy.
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moh-kohn.bsky.social
•
3 days ago
I think January is a special month because of tax returns? It won't be a surplus over the year.
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Banks rely on government created currency