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Tag: St Johns Trust

Proposed new local spending currency can only work with a full land rent

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Council owned land Manukau. The other property owners get unearned capital gains from rise in land value.

Continue reading “Proposed new local spending currency can only work with a full land rent”

Author Deirdre kentPosted on June 20, 2020December 3, 2022Categories Economics, land tenureTags bankers, Banks, circulation incentive, Core Logic, councils, currency, demurrage, Fred Harrison, full land rental, Great Depression, ground rent, land owners, land rent, land speculation, leasehold property, local currency, local government, Mason Gaffney, monetary reform, St Johns Trust, unearned capital gain, unimproved land value, Wōrgl, work certificate

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