Short Overview: Most people think accounting records what has already happened: profits earned, cash received, assets owned, and liabilities ...

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Most people think accounting records what has already happened: profits earned, cash received, assets owned, and liabilities ...

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Richard Murphy is Wrong About Government Debt | InFi #139
What if the national debt is really the nation's savings? Doesn't that change everything?
Government debt is private wealth — so why do people want to get rid of it?
Government finances are not like those of any household
Interest paid on government debt increases private wealth
The national debt need never be repaid
We do not have a national debt
Britain’s biggest problem isn’t debt, stagnation or inflation. It’s fear
The national debt's not as big as claimed
Has modern accounting stolen the future?
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Richard Murphy is Wrong About Government Debt | InFi #139

Richard Murphy is Wrong About Government Debt | InFi #139

Bob points out the numerous fallacies in a recent video arguing

What if the national debt is really the nation's savings? Doesn't that change everything?

What if the national debt is really the nation's savings? Doesn't that change everything?

Read more details and related context about What if the national debt is really the nation's savings? Doesn't that change everything?.

Government debt is private wealth — so why do people want to get rid of it?

Government debt is private wealth — so why do people want to get rid of it?

Read more details and related context about Government debt is private wealth — so why do people want to get rid of it?.

Government finances are not like those of any household

Government finances are not like those of any household

Read more details and related context about Government finances are not like those of any household.

Interest paid on government debt increases private wealth

Interest paid on government debt increases private wealth

Many on the political right-wing obsess about interest paid on

The national debt need never be repaid

The national debt need never be repaid

Read more details and related context about The national debt need never be repaid.

We do not have a national debt

We do not have a national debt

Read more details and related context about We do not have a national debt.

Britain’s biggest problem isn’t debt, stagnation or inflation. It’s fear

Britain’s biggest problem isn’t debt, stagnation or inflation. It’s fear

Read more details and related context about Britain’s biggest problem isn’t debt, stagnation or inflation. It’s fear.

The national debt's not as big as claimed

The national debt's not as big as claimed

Read more details and related context about The national debt's not as big as claimed.

Has modern accounting stolen the future?

Has modern accounting stolen the future?

Most people think accounting records what has already happened: profits earned, cash received, assets owned, and liabilities ...