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  1. Economists, politicians, and commentators have a common delusion. They are all suffering from the delusion that the Government should be run just like a household or business and manage by budgeting their income. It is a case of the classic composition fallacy. Or is it a false equivalence fallacy? It is clearly a fallacy. Households and commerce may not create the nations fiat money. Since that sole right is with the state and the state create our fiat money the operation of the Government finances must be the inverse of households and business. The limits on the the Government is the level of resources (water, labour, raw materials, capital plant capacity, and energy) it can mobilise. Efficiency results from putting these resources into full use.
    The Government does not need to borrow and pay any finance entity any interest. Government is the creator and guarantor of the countries fiat money. Economising to get a ‘surplus’ is madness as it removes equity from the population and un-needed austerity. I think the licence for banks to create loans and put extra money into circulation should be revoked after all it is the bank created debt that is behind crisies not the Government debt. Use the state’s control of money creation use that money to lend to the finance sector for them to on lend to households and commerce at higher interest rates. So the state would benefit rather than the finance sector.

  2. Atlas Network!!! There has to be a way to put an end to this extreme right, privileged, over-confident, brain-washing bunch of bullies in NZ, whose sole purpose is to undermine democracy in favour of deregulation and privatization. Their plan is all about them, their greed, their power and their egos. It is not ever going to be of help to a small country like NZ or in fact any country. What can we do? What should we do? Please someone come up with a plan for NZ to permanently get rid of this dangerous, self-entitled organisation. We have enough woes of our own – we don’t need any more manipulative groups interferring in our country. What are other countries doing to thwart them? Should we be joining forces to oppose this interference? Just remember when you VOTE FOR ACT you are VOTING FOR ATLAS!

  3. Sadly one of my family members has found his way down this rabbit hole along with his wife who has joined the anti vax brigade as well .She was well up in the nursing teaching at the local poli tech but once down the Atlas hole all of that knowledge disapeared .NZ is being destroyed by this evil corporate greed .Just look at the shit trade deal Luxon wants us to sign up to .Tariff reductions in 10 years time ,maybe ,but an influx of the indian population as those with work visas will be able to bring 10 others with them who will also be allowed 10 others as well .This is just cover for a mass exodus of cheap labour into NZ while our own kids move to AUS .Soon we will be the Deli of the south pacific .

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