'Drink Less, Work More', Richest Woman Tells The Poor

Money won't buy you happiness...
 
adz said:
Oh goodie! She's got a book out now...
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Let's check out her insight.
"We need to see, for instance, pipelines or channels carrying surplus water from the Kimberleys ... but this takes money and requires policies to make investment welcome."
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Takes money! Lot's of people say that. Seems to be how most people misunderstand the world. It will take PEOPLE to do these things. Money is just one way of organizing people to do things. The way things happen is people do the things. They need food while they do it and they need shelter. The money is used in place of the food and shelter because it allows people to buy their food and shelter so long as those things exist but the money does NOT have to come from "investors". Governments can provide those funds directly. If a government bond is good enough for the banks to base their credit creation on then it's good enough to use directly as a medium of exchange. A government bond is as good as money because ultimately it IS the money. So why do people need to lend to a private company so that the private company can lend back to the people as an "investor" but at a higher rate of interest than they get the government money for? Madness, right?
 
So why do people need to lend to a private company so that the private company can lend back to the people as an "investor" but at a higher rate of interest than they get the government money for? Madness, right?
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Not madness at all. The bankers need food and shelter, too. Plus they need bucketloads of money in order to buy more politicians to ensure their own supply of food, shelter, exotic vacations, yachts as well as some left-overs for a nice offshore bank balance.
 
"Better you than me" springs to mind, however I'm pretty sure the Australian tax payer has as some point been shafted by Ms Rinehart, no doubt on more than one occasion...
 
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