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Deceiving people using monetary affordability —— Peter May

Summary:
Sunak has proclaimed, according to the BBC, “Where we are now is that the unions are asking for a 17% pay rise – and I think most people watching will recognise that clearly that’s not affordable”.Most people if they do recognise this, have, of course, been brainwashed and I’m beginning to conclude that it is remarkable that the people can be lied to and deceived with such breathtaking confidence by our ruling elite, while remaining unquestioned by the media.In fact, where we are now is that the £350m a week that the NHS was promised on the side of the Brexit bus could in fact meet the nurses’ pay claim in full. And there’d still be around £9bn a year left over.his is not taking account of the fact that the money could be spent into existence by government – without ever having to ‘find’

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Sunak has proclaimed, according to the BBC, “Where we are now is that the unions are asking for a 17% pay rise – and I think most people watching will recognise that clearly that’s not affordable”.

Most people if they do recognise this, have, of course, been brainwashed and I’m beginning to conclude that it is remarkable that the people can be lied to and deceived with such breathtaking confidence by our ruling elite, while remaining unquestioned by the media.

In fact, where we are now is that the £350m a week that the NHS was promised on the side of the Brexit bus could in fact meet the nurses’ pay claim in full. And there’d still be around £9bn a year left over.

his is not taking account of the fact that the money could be spent into existence by government – without ever having to ‘find’ it and health expenditure would have a multiplier usually estimated at about 3 and this will be more when almost one in ten of the population are awaiting attention by the NHS – simply as a result of government underinvestment in healthcare....

Progressive Pulse
Deceiving people using monetary affordability
Peter May
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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