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OK, so I think I've figured out exactly how this govt energy company ponzi scheme works (I'm using the #ThatchersBiggestLie economic model rather than the real economic model of #MMT as most people still believe a govt budget works same as household budget (a thread) 1/
and I Want to make this as clear to as many people as possible)
So, person A pays £200 tax to govt, Govt gives that £200 to energy company to "lend" on your account, person A then pays £40pa for the next 5 yrs PLUS the upcoming eye-watering increases AND VAT on top of 2/
So, person A pays £200 tax to govt, Govt gives that £200 to energy company to "lend" on your account, person A then pays £40pa for the next 5 yrs PLUS the upcoming eye-watering increases AND VAT on top of 2/
the £40 payback. In summary, you are being 'lent' your own £200 which you will pay BACK to the energy company plus VAT. The energy company gets more than double what they would normally get and the government cons you into thinking they've helped you 3/3
