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Richard Murphy (richardjmurphy@mas.to)'s status on Sunday, 28-Jul-2024 05:19:41 JST Richard Murphy

You have no money in the bank https://www.taxresearch.org.uk/Blog/2024/07/27/you-have-no-money-in-the-bank/ It's an economic truth that no one has money with their name on it in a bank. All you have when you make that claim is a bank statement with an IOU printed on it. The bank has a debt owed to you. And that's it.
In conversation Sunday, 28-Jul-2024 05:19:41 JST from mas.to permalink
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  You have no money in the bank
  
  from Richard Murphy
  
  I have published the first in the Economic Truths series of videos. In it I argue that it’s an economic truth that no one has money with their name on it in a bank. All you have when you make that claim is a bank statement with an IOU printed...

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