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| Green Building Bible, Fourth Edition |
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These two books are the perfect starting place to help you get to grips with one of the most vitally important aspects of our society - our homes and living environment. PLEASE NOTE: A download link for Volume 1 will be sent to you by email and Volume 2 will be sent to you by post as a book. |
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Posted By: WillInAberdeenwhat are they doing with all that?Earthquake proofing, roof rebuilding are mentioned, not just UK's mainly low-hanging insulation fruits - Loft insulation, Cavity wall insulation, Boiler upgrades 53%; middle branches - Solid wall insulation, Other insulation (underfloor) 16%; (so 31% unspecified but prob not upper branches like Enerphit). Italy's scheme seems to be more like UK's Home Improvement Grants, as was, with added greening, and as everyone's been saying, the prime job-creation element of post-Covid recovery.
Posted By: borpinNo such thing as free money.Not quite true
Posted By: WillInAberdeenAccording to MMT, governments should print and distribute money to pump up their economy when it is weak, but at times (like these) of rising inflation and labour shortages, they should rein in the inflating economy by cutting spending, raising taxes, and so withdrawing money from circulation.Correct, and as 'the market' is no longer doing its 'hidden hand' thing (if it ever does) a great deal of wisdom, skill and integrity is necessary, to regulate the money-tap as you describe. The temptations to all kinds of corrupt/political misuse are still there just the same.
Posted By: WillInAberdeenWhich is not far off what the traditionalists think. The "free money" is only available when the Magic Money Tree is in fruitful years!Yes, but, it's different. As economic activity, esp foundational local small-scale enterprise, is frequently throttled by lack of capital and/or customer spending money even when growth potential exists, an easy-to-create ready supply of same whenever appropriate can tip the balance towards boom, making the boom and bust cycle less inevitable.
Posted By: WillInAberdeenbacked by German and French taxpayersLess so as Frances GDP/Debt ration balloons.
Posted By: WillInAberdeenbut Italy has little control over the total money supplyMoney supply is simply a bank adding a ledger entry and hoping everyone who has a credit balance don't decide they want it back.
Posted By: borpinWhen the first Financial Crisis hit, instead of QE inflating stocks, the Gov should have invested in new social housing and housing stock improvements, had a massive drive for new skilled building workforce, invested in modern building methods etc. This would have pumped money into the real economy, reduced unemployment, reduced benefits, improved living standards etc. A missed opportunity.Isn't the point of this topic, that that's exactly what Italy is doing, on a notably large and sufficient scale? It's been advocated for Europe, for USA, but the usual fiscal conservatism has prevented - until now? So now we see the snags and dangers - and hopefully learn just how to nurture and encourage an economy, rather than sqeeze and strangle it + inflate stock values, when downturn/inflation comes.
Posted By: fostertoma great deal of wisdom, skill and integrity is necessary, to regulate the money-tap as you describe. The temptations to all kinds of corrupt/political misuse are still there just the same.There's a general election due in Italy next year I think.
Posted By: fostertomIsn't the point of this topic, that that's exactly what Italy is doing,Yes, and I'm not saying that fundamentally it isn't something that cannot be done but;
Posted By: WillInAberdeenThere is a rumbling debate in Scotland about whether it is a good idea to be in the Sterling zone together with London,Oh come on - that is a political debate. Any reasonable view from a financial perspective says a. An Indy Scotland would never be allowed to use Sterling, b. An Indy Scotland could not sustain it's own currency. The sharks would have it for breakfast.
Posted By: borpinMore importantly (from the original topic), is the 25% of the money 'spent' on improvements not actually doing improvements.If they are spending £150k per property to insulate the roof and fit a heatpump in 1% of their housing stock, it sounds like 85% of the money is not actually going on improvements. It sounds like this is a 'pay someone to dig a hole then fill it in again' scheme as advocated by some 20thC economists - just a way for gov to dump money into the economy. See also Tom's example.
Posted By: borpinThat's what I said!Posted By: WillInAberdeenThere is a rumbling debate in Scotland about whether it is a good idea to be in the Sterling zone together with London,Oh come on - that is a political debate. Any reasonable view from a financial perspective says a. An Indy Scotland would never be allowed to use Sterling, b. An Indy Scotland could not sustain it's own currency. The sharks would have it for breakfast.
Posted By: WillInAberdeenLikewise if Italy or Germany left the Euro.I think Germany could easily survive, but the Euro would collapse if they did leave.
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