tag:blogger.com,1999:blog-28388669.post969044330661144193..comments2023-11-02T12:51:49.376+00:00Comments on Ruscombe Green: But how will you pay?Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-28388669.post-28460067797863722222014-05-16T08:29:09.120+01:002014-05-16T08:29:09.120+01:00It does however make the point that much of the mo...It does however make the point that much of the money in existence is imagined - there's no fundamental reality to money. From what I understand of the Bank of England report, most of the money in our economy is imagined into existence by privately owned banks when they create money to loan as mortgages The one thing we most want to do on this issue as Greens is to take control of the money Anonymoushttps://www.blogger.com/profile/18100962112172185439noreply@blogger.comtag:blogger.com,1999:blog-28388669.post-6075733735985799342014-05-15T09:00:52.146+01:002014-05-15T09:00:52.146+01:00Quantitative easing(making up money) is just a for...Quantitative easing(making up money) is just a form of taxation.<br />If banks add money to the system, by making it up, this increases inflation. It reduces the value of the money that was already in the system. If it devalues the ten pound in your wallet by a pound, then you have been taxed by ten percent.<br />It is tax at the same percent for all money in the system.<br />That tax could be Anonymousnoreply@blogger.com