I shall be up that way tomorrow at a family wedding and some of my relations are Tottenham experts. It will be interesting to see what they think of him.
They have created something that can be sold, just the same as someone who grows food, for example. This goes to the root of economic theory, supply of money and supply of good ad so forth.
They obviously didn't teach you that the rich are wealthy or that being wealthy makes you rich. They have taught you knowledge but not understanding. Both words have been used extensively on here.
Seriously, you have a problem.
Not so. Not since we left the gold standard anyway. If someone builds a house from scratch then where has the value of that house come from? The BofE controls the supply of money with one eye on inflation.
Not exactly true. The amount of money in circulation is increased as necessary but it gets very complicated. It is all controlled (supposedly) by The Bank of England and there are different types of money, M0, M1, M3 and so on.
There is a difference in accounting terms. A £10m player would go straight on the balance sheet with his value written down over the four years. It's a bit like the difference between buying a car outright or on a lease with no residual value.
It's the rich that pay for a large part of government spending. You won't get that from a moral compass and you'd have even less social mobility.
I agree about the railways, privatisation is a stupid idea.