The trouble is, governments are terrible at figuring out which assets are productive. For starters for ten, they tend to mix up "financially productive" and "pay rises/handouts for our… (View Post)

The problem is with logic is that bricks and mortar wealth is largely a mirrage, and substantial wealth taxes therefore can't raise all that much money because it's not there to be raised. If the gov… (View Post)

It's perfectly possible to hold both those views simultaneously. Devaluations are bad. They are also somewhat of a safety valve - by making everyone whole holds currency "x" poorer, it squa… (View Post)

And the alternative is an immigrant driven ponzi scheme which arrives at the same ultimate destination. We are a small island with finite resources, we cannot keep expanding the population by >1% … (View Post)

The thing which seems dimly understood (at best) by most of the comenteriat is that, despite all the column inches devoted to claiming he was, Nigel (and Reform) aren't hard right, and never have bee… (View Post)