{"id":1316,"date":"2013-04-28T23:10:59","date_gmt":"2013-04-28T23:10:59","guid":{"rendered":"http:\/\/www.astarmathsandphysics.com\/tutor_profiles\/paul_smith\/paul_smiths_blog\/?p=1316"},"modified":"2013-04-28T23:10:59","modified_gmt":"2013-04-28T23:10:59","slug":"labours-magic-money","status":"publish","type":"post","link":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/2013\/04\/labours-magic-money\/","title":{"rendered":"Labour’s Magic Money"},"content":{"rendered":"

The British labour party has a long history of spending money that doesn’t exist.
\nThey did this by borrowing it or taxing the public to excess and I have been thinking how they can avoid this in future. They should start printing a new currency, a bit like bitcoin, that will be limited to a few tens of billions. When they have spent it, they can start printing ‘New Magic Money’ and so on.
\nThere will be nothing as magic as Labour’s magic money.<\/p>\n","protected":false},"excerpt":{"rendered":"

The British labour party has a long history of spending money that doesn’t exist. They did this by borrowing it or taxing the public to excess and I have been thinking how they can avoid this in future. They should … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-1316","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3Wm4j-le","jetpack-related-posts":[{"id":2511,"url":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/2017\/06\/magic-is\/","url_meta":{"origin":1316,"position":0},"title":"Magic Is…","author":"taxicle","date":"June 8, 2017","format":false,"excerpt":"Magic is the science you don't understand.","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1851,"url":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/2014\/05\/the-magic-room\/","url_meta":{"origin":1316,"position":1},"title":"The Magic Room","author":"taxicle","date":"May 6, 2014","format":false,"excerpt":"One of my students walked into a physics class with a very good calculator - a casio 991 es plus - and walked out with two. 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