I’m getting at the fact that central banks can help governments borrow. There’s a lot of economists who believe that in times of crisis a government with its own central bank and internalized national debt (UK, US, Japan). Aan borrows as much as it needs as the debt is Top Agent Orange I Was Killed In Vietnam I Just Haven’t Died Yet Shirt. Which is wholly reliant on the government’s fiscal policy. Which is the point of what I said? Yeah, they might be able to borrow however much they need, Japan got up to 250% of Gdp or even higher. But that’s reliant on the government’s fiscal policy which nicely brings me back to my original point.
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Well of course it’s reliant on what the politicians do, when is it not? But what I’m saying is that central banks can give governments the tools to borrow cheaply and sustainably. Hopefully, this will destroy the idea of full-time employment once and for all. In order to Top Agent Orange I Was Killed In Vietnam I Just Haven’t Died Yet Shirt. Four day weeks plus a UBI here we come. The idea of four-day working weeks is that for most people they can do the same amount of work in that time period as five days because they are more motivated and efficient. It doesn’t mean that you need to hire an extra 1/5 of a worker. For salaried work, sure. A large proportion of the workforce is contracted to do a job. Set productivity for a certain number of hours rather than.
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The salaried workers can also take a day off, the economy. Benefits from higher productivity, and three day weekends mean more spending. Realistically, the bin man should be making more money than me. I think that’s unlikely currently but when the climate crisis actually hits. And we have millions of displaced immigrants then that’s when a revolution is more likely. I wouldn’t go that far. The TUC had to suppress their own general strike in 1929 because they were horrified that communist agitators would rouse the striking workers up to overthrow the government. Then it’s really a nice shirt for all men and women. So you should buy this shirt. Thank you so much.
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