True or False? Yay or Nay?
Virtually all government mandates/federal enhancement acts require the Magic Money Tree of Modern Monetary Theory to be raided for the fruits of free market capitalism ...... the delusional wealth and illusion of power that is both fed and starved/created and destroyed by the supply [quantitative easing] and throttling [quantitative tightening] of fiat currency in order to be able to conveniently pay and placate all workers for their time in doing what they are told to do for their wages and masters, which they in their turn spend on other stuff and services provided by others doing exactly the same sort of thing.
That's both the beauty and the terror of pretty fiat paper .... you can buy the world's treasures with nothing of lasting physical value itself for it has a contrived and flexible floating worth, decided upon by a few thinking themselves all high and mighty and doing God's work but which inexorably and inevitably surprisingly quickly decreases towards zero the more the facility is exercised and used/misused and abused and is more widely recognised and understood for what it really is.
It's a poisoned chalice and instrument for sublime entrapment and controlling capture.
"Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take away from them the power to create money and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money." ..... Sir Josiah Stamp (former Governor of the Bank of England)
I wonder if the current Governor of the Bank of England, Andrew Bailey, and the Chancellor of the Exchequer, Rishi Sunak, shortly departing Prime Minister, Boris Johnson and the Monarch [for those latter three apparently are responsible for his appointment] would agree with Sir Josiah Stamp or deny all knowledge of such a calumny, and in so doing the latter prove themselves worthy of current Conservative Party valued Prime Ministerial leadership ‽ .