And I wasn’t speaking about the shortage of goods in the UK or elsewhere. I was speaking about Margaret’s Thatcher comment and the neoliberal belief system that one used taxes (other people’s money) to pay for the welfare system. That is what her comment was about, and it is in that context that I was mentioning it.
I pointed out that she was wrong – that the problem was not running out of money, but of running out of goods. One can easily print money. It’s not so easy to make goods.
I am talking about creating a new economic system that is resource based – not currency based. When an economy is resource based, there is no such thing as hyperinflation – for the simple reason that the value is not in the money, but in the goods. If everybody is producing the goods, and the goods are in constant supply, and the money supply remains the same, there is no issue.
Again, my article is not about the current economic situations. I think both the US and the UK are now leaving the world stage. Again, my article is about creating a new economic system in order to defeat climate change.