Professor John Hearn @jbhearn Twitter profile

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Professor John Hearn

5 months

Interested in learning from introductory university modules in economics or banking and finance. 20 introductory lectures 10 advanced + chats and controversial articles. All free at

Economics, Banking and Finance lectures, chats and thought-provoking blog posts

Post by @johnhearn13.

myprofessorjohnhearn.org

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Professor John Hearn

@jbhearn

3 years

Please correct me if I am wrong. A vaccine passport means that if you have been double jabbed and have Covid you can go to events, but if you have not been double jabbed and don’t have Covid you cannot go to events.

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Professor John Hearn

@jbhearn

3 years

Do you remember how false claims about a fuel crisis created a fuel crisis? As I passed long queues at vaccination centres yesterday it made me think.

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Professor John Hearn

@jbhearn

4 years

BBC just reported 616 died of the virus yesterday. This is not correct. 616 people died yesterday after having a positive Covid test in the last 28 days. We really do want to know how many died of the virus yesterday. Anyone know?

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Professor John Hearn

@jbhearn

4 years

BBC says a further 205 people have died from Covid This is incorrect as 205 people have died within 28 days of having a positive Covid test. We need to be told how many died from Covid & then if it was 205 or if it was 0 then we could more clearly agree or disagree with policy

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Professor John Hearn

@jbhearn

3 years

BBC definitely working under direction from the government. This is the first time in 2 years that the 6.00pm news announced deaths within 28 days of a positive test then added ….. NOT ALL THESE DEATHS WILL HAVE BEEN FROM COVID. Shocking that we have been misled for 2 yrs.

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Professor John Hearn

@jbhearn

3 years

Exceptionally high Covid infections suggest that our policy to suppress, lockdown, vaccinate, stop transmission were wrong. We have done enormous damage to economies around the world & the only winners have been the pharma companies. Let’s hope we have learnt an expensive lesson!

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Professor John Hearn

@jbhearn

3 years

BBC is still referring to Covid deaths (207) within 28 days of a positive test. It is about time this number is disaggregated to show who died - of Covid - of underlying conditions - after a double jab - after an unrelated accident - with no vac’s We can cope with the truth

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Professor John Hearn

@jbhearn

4 years

In 1968 the Hong Kong flu had the same profile as Covid if you look at percentages rather than totals. After a year it almost disappeared with no action at all. A big difference was no social media. Have we wasted billions & done untold damage to the economy for no good reason?

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Professor John Hearn

@jbhearn

4 years

Whitty said “unvaccinated young people will still be spreading the virus” Can anyone explain why this “may” be a problem? Those who are vulnerable have been given the vaccination option that will save their life. Most others will have mild symptoms and can protect themselves.

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Professor John Hearn

@jbhearn

3 years

I am not an expert, but given all the information I cannot help but conclude that we should all be trying to catch the common Covid cold as quickly as possible and give up all testing and isolation which is slowing the process of getting rid of Covid. Please correct me.

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Professor John Hearn

@jbhearn

4 years

SAGE has warned of a 4th wave next winter. It now has plenty of time to make sure the economy is protected, the NHS is ready and every vulnerable person is given all the information they need to make up their own mind about how to act. With that done we can shutdown SAGE.

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Professor John Hearn

@jbhearn

2 years

Have you noticed that Modern Monetary Theorists seem to be very quiet these days?

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Professor John Hearn

@jbhearn

3 years

Will the BBC be investigating its misreporting & misrepresentation of coronavirus and explain why it did it?

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Professor John Hearn

@jbhearn

4 years

Yesterday SAGE & Chris Whitty showed us that almost everyone who has died with Covid is retired. We now need to know about the underlying conditions. We then need SAGE to put up their hands & apologise for getting this wrong. Protect the above & let everyone else live & work.

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@jbhearn

4 years

At the height of the pandemic there were 1,445 deaths in one day and a number of days consistently above 1,000. Today there were 65 deaths and this is described as reaching a tipping point. Is this just scaremongering as we are being readied for more draconian restrictions?

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Professor John Hearn

@jbhearn

2 years

Most politicians don’t want Brexit as the EU was their gravy train. Most politicians are trying to enforce their will rather than respect the electorate. One way to do this is pretend the problems caused by their mismanagement of the pandemic are Brexit problems when they are not

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Professor John Hearn

@jbhearn

3 years

House prices rise by 8%. Another big ticket item hidden from the inflation statistics.

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Professor John Hearn

@jbhearn

5 years

A no-deal Brexit means cheaper food & wine from around the world, better and cheaper cars and motor cycles, cheaper clothes and electrical appliances, unemployed bureaucrats, politicians and administrators: what is there not to like if the EU force a no-deal upon us?

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Professor John Hearn

@jbhearn

10 months

Does anyone think that the Met Office has joined forces with MSM in an attempt to frighten us all with its weather warnings about things that seem like normal weather conditions to most of us oldies?

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Professor John Hearn

@jbhearn

2 months

A wealth tax will - briefly raise only a small amount of tax -cost more to manage than the revenue it will raise -destroy the source of further tax. -remove people’s incentive to work hard & create wealth -create the illusion of more equality without making anyone better off -not

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Professor John Hearn

@jbhearn

4 years

1. After I have had my coronavirus jab can I ignore all tier and lockdown restrictions? 2. Two weeks after I have had my coronavirus jab can I ignore all tier and lockdown restrictions? If the answer to both questions is no please can you explain why.

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Professor John Hearn

@jbhearn

3 years

More than a year ago I said it would be interesting if Sweden comes out of Covid better as they are doing it differently & it looks like….. Sweden got it right and the U.K./SAGE, US got it wrong. & New Zealand , Australia and Thailand are getting it wrong now. @ProfSteveKeen

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Professor John Hearn

@jbhearn

4 years

I hear JVT say that at present we do not all have the same level of Covid protection so it is only fair that we all continue to suffer lockdown and further damage to the economy. I find it difficult not to see this as anything other than remarkably unfair and amazingly stupid.

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Professor John Hearn

@jbhearn

3 years

We seem to have realised that Covid is a highly infectious mild case of the “flu”. After 15 months we are recognising that suppression and lockdown do not work & we need our experts to manage herd immunity not say we need more of the same that only kicks the can down the road

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Professor John Hearn

@jbhearn

20 days

A Black Hole of £20b in government funding is a complete myth. The Black Hole this coming year is the entire U.K. government borrowing requirement which will probably exceed £100b. The government cannot afford its spending plans this year including £80b on financing the whole

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Professor John Hearn

@jbhearn

3 years

“Vaccinate pupils, don’t test them” says Professor Andrew Pollard Head of the Oxford Jabs Programme I would say “don’t vaccinate pupils and don’t test them”. Time to let this go and return to the days when you stayed at home if you did not feel well.

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Professor John Hearn

@jbhearn

6 months

Spoke to a person at the gym today whose son is finding difficulty getting a job. In phone interviews he has been asked if he is white and told on one occasion that the firm would like to employ him but they need to fill a diversity quota. Is this racism in the work place?

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Professor John Hearn

@jbhearn

5 years

Does the ruling against Boris open the door to a ruling on Theresa May extending the Brexit deadline and whether it was an illegal attempt to stop Brexit?

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Professor John Hearn

@jbhearn

4 years

Am I correct in thinking that there have been no recorded cases of flu this winter? Can PCR & lateral flow tests tell the difference betweenCovid & flu?

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Professor John Hearn

@jbhearn

6 years

Just chatted with a former colleague who attended a talk given by Mervyn King and she said he was very relaxed about a no deal Brexit and saw significant benefits in leaving.I wondered why we not hearing from this well respected former Governor of the B of E on TV or in the press

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Professor John Hearn

@jbhearn

3 months

Nothing I have read in Rachel Reeves plans will bring about economic growth, although they will grow the public sector and help support the crony capitalism that wastes resources.

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Professor John Hearn

@jbhearn

4 years

As an economist I am concerned about efficient resource allocation I find this difficult to understand Each year we give flu vaccinations to the old and vulnerable who are at risk Covid has exactly the same medical profile yet we are insisting on vaccinating everybody Why?

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Professor John Hearn

@jbhearn

3 years

Leaked SAGE committee document states that OMICRON may require a stringent response. Why leak this as it contradicts all the evidence coming out? Is it an attempt to push the fear button when there is nothing to fear?

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Professor John Hearn

@jbhearn

1 year

Inflation is caused by the government & Central Bank. Price caps on energy and food has no effect on inflation and just distorts resource allocation and discourages an expansion in output of these essential items.

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Professor John Hearn

@jbhearn

3 years

Eight & a half billion pounds on PPE has been wasted by government and they want us to trust them to spend money wisely on levelling up, growing the economy, greening the economy etc. One billion is £1,000,000,000 It all seems to be a sick joke !

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Professor John Hearn

@jbhearn

4 years

Did I hear correctly that SAGE has estimated that after June 21st,when we remove all restrictions, we will return to a third wave as high as previous waves? Is this because they have assumed vaccinations are ineffective? It all seems that herd immunity is their only option.

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Professor John Hearn

@jbhearn

4 years

Now that Covid is much lower than the other main causes of death should the BBC not be announcing statistics from the main causes of death each day? Why are the BBC still reporting the relatively low Covid death count? Alternatively let us not have any death counts in the news.

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Professor John Hearn

@jbhearn

2 years

Mad decision by Sunak to make maths compulsory up to 18. Let us separate children into artists and scientists. Scientists will choose maths to help their studies. Artists need words, ideas and their creativity stirred, not mathematics.

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@jbhearn

2 months

@BladeoftheS EU are desperate for us to rejoin as they need more rich countries to finance the damaging waste that is lowering living standards across the EU.

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Professor John Hearn

@jbhearn

6 years

BBC reporting riots in Zimbabwe, but not across Europe. Any reason why?

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Professor John Hearn

@jbhearn

3 years

A year ago I said that we will eventually know whether Sweden & Florida or the U.K. & California got it right. If you peer through the fog created by so-called experts it is becoming clear that the U.K. & California got it wrong. A pity we are preparing to get it wrong again.

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Professor John Hearn

@jbhearn

3 years

Should we ever trust the modellers or should we use logic & common sense? It was clear from the start in S Africa that Omicron was relatively mild and I suggested at the time it would be better to let the infection go through the population rather than try to suppress & lockdown

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Professor John Hearn

@jbhearn

4 years

Unvaccinated children are back at school with no increase in Covid infections. All vulnerable people have been vaccinated. Can anyone offer any reason to continue with this farce of Covid restrictions?

Professor John Hearn

@jbhearn

4 years

3 strange statements from the BBC Covid Doctor We are nearly there June 21st is not far away (only £bs of damage to go) It would not be fair to let all those who have had their vaccines to be free ( or unfair not to free them) We must be wary about Covid in India (why?)

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@jbhearn

2 years

I shared my concern about a walkout in Parliament which was a refusal to debate question arising from the latest office statistics regarding relative risk of Covid and vaccination boosters. One MP replied & repeated the official narrative.

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Professor John Hearn

@jbhearn

4 years

Dangerous times. The government has realised that they can spend and print and there is no immediate impact on inflation. The reason for this is that lockdown slows velocity temporarily. Inflation is lagged by one or two years. Watch for all these spending promises and be worried

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Professor John Hearn

@jbhearn

4 years

All ten lectures available now covering an introduction to economics. Economics 101 via @YouTube

Economics 101

www.youtube.com

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Professor John Hearn

@jbhearn

4 years

The fact that government has continually over recorded Covid deaths, by conflating dying of Covid & dying for any reason having had a positive Covid test, may be coming back to bite them now Trying to frighten us with overestimates is now being seen as SAGE/Gov incompetence

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Professor John Hearn

@jbhearn

4 years

A further ten lectures have been added to introduce Money, Banking & Finance (johnhearn:YouTube) to undergraduates as well as additional miscellaneous lectures. All free to subscribe.

Professor John Hearn

@jbhearn

4 years

All ten lectures available now covering an introduction to economics. Economics 101 via @YouTube

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Professor John Hearn

@jbhearn

4 years

126k have died with Covid, a much smaller proportion died of Covid If the distribution of deaths had been even across the age range & indiscriminate then lockdown may have been correct However the vulnerable group is very small & easy to identify & lockdown was wrong

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Professor John Hearn

@jbhearn

3 years

Omicron was expected to be mild. The evidence coming out is that it is mild. We therefore need many people to catch it and build immunity. As before it is a big mistake to try and suppress it. When it did not work before why are we doing the same again around the world ?

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Professor John Hearn

@jbhearn

4 years

Again please correct me if I am wrong. If I am asymptomatic, had a positive Covid test 27 days ago and I fell down the stairs and broke my neck today I would be classed in Government statistics as a Covid death. This information is very difficult for a rational person to manage

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Professor John Hearn

@jbhearn

4 years

The Chief Medical Officer has said that we can & will have to learn to live with Covid just like the flu That should have been our policy before the first lockdown if we had looked at the data, identified who was vulnerable & offered them protection Oh what damage we have done!

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Professor John Hearn

@jbhearn

3 months

The BBC do not seem to know the difference between misinformation and disinformation. Misinformation is making a genuine mistake. Disinformation is the BBC observing the TNI & telling us science is settled & we should not question pandemic policy & the cause of climate change.

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Professor John Hearn

@jbhearn

4 years

Sweden is not showing a second wave. I continue to think they got their policies right by keeping the economy going while we got it wrong trying to suppress the virus. As soon as we return to normal it will reappear again and this will go on ad infinitem. No more lockdowns please

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Professor John Hearn

@jbhearn

3 years

Inflation at 7% (CPI, the lower measure) The Bank of England caused this inflation They tell us which prices have gone up the most and hope we will think they have caused inflation rather than just symptoms of excessive money creation Watch media reinforce the Bank’s deception

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Professor John Hearn

@jbhearn

21 days

Economics explained. There is a private sector that is productive, earns & spends income & a public sector that does not earn money but re- spends income created by the private sector. How is government spending financed? 1. Taxing private incomes & spending. 2. Borrowing from

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Professor John Hearn

@jbhearn

3 years

This problem is being described today. Omicron is like a winter cold it is so mild that it will spread rapidly as many people will not even realise they have it. From this background is there any logic for imposing any restrictions? I welcome your explanation.

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Professor John Hearn

@jbhearn

4 years

The Bank of England has issued the £50 note ready for the forthcoming inflation. How long before £50 will buy what £5 buys today?

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Professor John Hearn

@jbhearn

3 years

Rishi says inflation is a global problem. He is wrong, inflation is a problem across the globe as Central Banks are all printing money and devaluing their currencies. Each country must accept responsibility for the inflation it is causing by mismanaging its currency.

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Professor John Hearn

@jbhearn

3 years

To ensure success on July 19th we need to: Repeal Coronavirus Act Stop all tracking and tracing. Stop all reporting of the number of infections & deaths. Ask the BBC to report real news. Trust the public’s common sense, desire to stay alive & respect & love for each other.

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Professor John Hearn

@jbhearn

3 years

If Covid vaccinations reduce the severity of symptoms then there is a very good reason for certain groups to be vaccinated. If vaccinations do not reduce transmission then there is no good reason to be vaccinated to benefit anyone else other than yourself.

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Professor John Hearn

@jbhearn

3 years

I suppose you begin to realise how short life is when you look back at two wasted years of Covid mismanagement and look forward to more years of bureaucrats trying to banish those winter viruses that come and go every year.

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Professor John Hearn

@jbhearn

1 year

You’d think the Bank of England would ask those economists who predicted inflation correctly how they did it rather than bring in another failed Central Banker to tell them they did everything right and no one could have predicted unexpected events

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Professor John Hearn

@jbhearn

1 year

Too big for a tweet, too important to overlook

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Professor John Hearn

@jbhearn

3 months

@LizWebsterSBF @TiceRichard I suppose we should look at the number of votes for each party to decide who is important in representing the voter rather than being misled by first past the post.

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Professor John Hearn

@jbhearn

1 year

Last month the government borrowed £18,5000,000,000, the third highest requirement since records began The fact that the OBR estimated it would be £7.5b higher produces the ridiculous statement that Jeremy Hunt has a £7.5b budget boost How irresponsible and misleading is that ?

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Professor John Hearn

@jbhearn

1 year

BBC still fuelling misinformation as their master’s require. Today the are explaining to all of us that wages are still rising slower than inflation & falling in real terms but describing it as if it is going to fuel more inflation. WAGE RISES DO NOT FUEL INFLATION

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Professor John Hearn

@jbhearn

1 year

I continually read about excess deaths currently being recorded around the world and no one investigating or trying to explain why. Any thoughts?

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Professor John Hearn

@jbhearn

3 years

BBC reported a record number of Covid infections today and continued on for 5 minutes about the problems. There was only one very brief mention of the fall in deaths to 18. Is this manipulation of information to push towards more restrictions?

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Professor John Hearn

@jbhearn

4 years

I feel so ashamed of my generation. Apologies youngsters for putting your lives on hold for a year & more with no end in sight for something that will hardly affect you & all because a few old fogeys were not prepared to take the necessary precautions to protect themselves.

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Professor John Hearn

@jbhearn

2 years

The £ was $1.09 when the government announced its mini budget. It is now $1.13, Kwasi & Liz are being castigated because of the effect of the budget on the value of the £. Politicians need to be realistic not head hunting. Announce cuts in G spending and we are back on track.

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Professor John Hearn

@jbhearn

2 months

A government budget deficit is a transfer of income from the private sector where it would have been spent efficiently to the public sector where it will almost certainly be spent inefficiently.

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Professor John Hearn

@jbhearn

4 years

We are driven by the data, say government, and the data is really great, but we are not going to change the dates. Anyone make sense of this?

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Professor John Hearn

@jbhearn

1 year

Help please I have 8.8k followers & my tweets were liked & reposted by 1k & now by less than 10 I have been controversial on Brexit/Pandemic/Vaccinations/B of E/Inflation etc. So either my posts are restricted or I have become boring Please let me know if you see this by a repost

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Professor John Hearn

@jbhearn

2 years

With unemployment at its lowest,it is time to release a large proportion of underemployed & pointless public sector bureaucrats, administrators & non-frontline workers in health & education, to be reemployed in the productive sector of the economy An opportunity not to be missed

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Professor John Hearn

@jbhearn

3 years

BBC have announced the record rise in mild infections but forgot to mention the fall in deaths and they never explain that they were for any reason after a positive test.

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Professor John Hearn

@jbhearn

2 years

Putting the record straight. The rise in inflation was not driven by food prices. The inflation was caused by The B of E’s monetary policy in 2021/2 & it was food prices that rose the most last month.

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Professor John Hearn

@jbhearn

3 years

Boris say’s inflation is inevitable because of labour shortages. See how easy it is for the Bank of England to pull the wool over the eyes of the PM and most of the country. Inflation is inevitable because of the Bank of England’s monetary policy.

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Professor John Hearn

@jbhearn

4 years

6 years now. We are just about to go into our 15th lockdown. It’s a bit like a scene from Mad Max outside my isolation window. We are all employed by the state now on minimum wages. Thank goodness for the ration book as rampant inflation exists. Good news a vaccine is coming

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Professor John Hearn

@jbhearn

1 year

ALL GOVERNMENT SPENDING IS FINANCED BY TAXATION Government earns no income so: 1. They tax incomes 2. They borrow from incomes 3. They create new money: the inflation tax 1 is the current taxpayer 2 is current & future taxpayers 3 the inflation tax is paid after 12-18months

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@jbhearn

3 years

You can’t believe it, but apparently Lagarde has announced that if you remove the prices that are going up most from the basket then inflation is very low.

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Professor John Hearn

@jbhearn

4 years

EU & UK will remain in deadlock because neither will give in. The UK want what is best for the UK economy and the EU do not care about individual economies they want to secure their political power base which makes it essential to offer the UK what they will not accept.

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Professor John Hearn

@jbhearn

4 years

Just back from the gym where I was watching Al Jazeera. There were 20+ important news stories from around the world & a brief mention of Covid in India. Listen to the BBC where Covid and India is the main story to the exclusion of anywhere else. Still trying to frighten us?

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Professor John Hearn

@jbhearn

3 years

“How can we reduce the economic & social damage caused by Covid” was a question on social media today. Stop track & trace, stop reporting virus statistics, remove all restrictions, repeal the Coronavirus Act. Expand the NHS & make it fit for purpose by removing bureaucracy

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Professor John Hearn

@jbhearn

3 years

All of these do NOT cause inflation Pandemic Brexit Shortage of drivers Petrol prices Food shortages Building supplies There is only one cause of inflation which is the BofE mismanaging monetary demand QE & money printing last year is fuelling inflation this year THE END.

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@jbhearn

2 years

The Bank’s Governor says we need to get use to being poorer. This is not correct. Inflation indiscriminately makes some people better off and others worse off. A pity Andrew does not add an apology or admit the Bank caused the inflation

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Professor John Hearn

@jbhearn

6 months

@iskandrah @EmoryUniversity Also as a Professor of Economics Caroline I applaud your support for your students and I am very sorry that the police feel that they can be that heavy-handed in response to a sensible enquiry.

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Professor John Hearn

@jbhearn

4 years

In no particular order congratulations to Yardley Yeadon, Reiner Fuellmich, Martin Kulldorff, Sunetra Gupta, Jay Bhattacharya, Ivor Cummins, Vernon Coleman, Tim Price, Paul Rodriguez, Nick Hudson, James Delingpole for opening up the debate on the efficacy of lockdowns

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Professor John Hearn

@jbhearn

3 years

NHS are saying that their workers have a responsibility to get vaccinated. The evidence seems to be that vaccinations reduce symptoms and do not stop you catching or transmitting Covid. If correct this means that no one has a responsibility to anyone else except themselves.

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Professor John Hearn

@jbhearn

2 months

BBC showed extreme bias in Gaza reports : the Asserson Report. BBC showed extreme bias in reporting the pandemic and pandemic policy. BBC is showing extreme bias in its reporting of climate change. Time to defund the BBC?

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@jbhearn

4 years

One for the experts. Apart from underlying conditions are there any “good” reasons why anyone under the age of 50 should be offered a vaccination?

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Professor John Hearn

@jbhearn

2 years

Can anyone see a way out or are we doomed? Each day there’s another political promise to spend more of our income. Soon the spending on government debt servicing & repayment will be the single biggest spend. Where is the politician who will stand up & tell the truth?

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@jbhearn

1 year

I agree with Stephen Glover that “the bumbling & inept Governor of the Bank” should resign. The same should also apply to the bumbling and inept PM & Chancellor of the Exchequer

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Professor John Hearn

@jbhearn

4 years

SAGE predicted a Covid surge when unvaccinated children went to school. The FACT is that this was wrong so why are we imposing more restrictions on vaccinated adults meeting indoors for the next two months? Are we driven by the data? My flabber could not be more ghasted !

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@jbhearn

4 years

I must congratulate my wife. She has continually supported the Daily Mail for the quality of its investigative reporting & columnists. Today is worth a read dispelling Covid myths, identifying public sector waste & exposing Magic Money Trees. Time to give up the BBC & read the DM

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@jbhearn

2 years

Interesting that Andrew Bridgen MP, who highlighted concerns about mRNA vaccines, has been suspended from The House of Commons for financial irregularities in his declared accounts. It does make one wonder about who is pulling the strings.

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Professor John Hearn

@jbhearn

4 years

The BBC seem to have stopped reporting U.K. coronavirus as it would highlight how few problems there are. So why are we waiting another 68 days before we get back to normal The damage done to the economy each day x 68 shows stupendous incompetence on the part of government

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Professor John Hearn

@jbhearn

2 months

Why we left and should not return to the EU. I voted to join the EEC which was a customs union that freed trade across all member countries (9 at the time) and benefited its citizens. I voted to leave the EU because it had become an extremely wasteful political union. Starmer has

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@jbhearn

4 years

As each and every country in the EU can veto a deal it is quite clear there will never be a deal. We just need to stand up and say that these are our free trade terms that we expect you to reciprocate and if you cannot then there will be equal and opposite restrictions.

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Professor John Hearn

@jbhearn

4 years

It does seem that the BBC has been asked to find bad news Covid stories from around the world and not report all the good news in the U.K. as that will make it more difficult to keep everyone under restrictions until June 21st

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