Brown in final gamble: to print money
Discussion
10 Pence Short said:
GingerWizard said:
OzzyR1 said:
Christ, this country is utterly f
That moron should be taken out and shot.
yes... yes he should. Where do i cue?That moron should be taken out and shot.
Yes, I forgot the E on the end
Edited by triggersbroom on Wednesday 7th January 17:44
http://www.teletext.co.uk/news/national/4650b34c91...
'No plan' for 2009 election
Gordon Brown has insisted that a 2009 General Election is the last thing on his mind as he embarked on a regional tour of economically-stricken Britain.
Mr Brown said he is getting out into the country to listen to people's concerns and explain what the Government is going to do next.
He insisted the economy is top of his agenda, adding: "I've got no intention of even thinking about an election."
I wonder if we will get to see any of the genuine feedback he is likely to recieve?
'No plan' for 2009 election
Gordon Brown has insisted that a 2009 General Election is the last thing on his mind as he embarked on a regional tour of economically-stricken Britain.
Mr Brown said he is getting out into the country to listen to people's concerns and explain what the Government is going to do next.
He insisted the economy is top of his agenda, adding: "I've got no intention of even thinking about an election."
I wonder if we will get to see any of the genuine feedback he is likely to recieve?
village idiot said:
at least it means we can all pay off our mortgages for the cost of a tin of baked beans
Precisely. However, what you don't want to be on is any kind of variable rate. However, the kind of inflation which we had in the 70's made many businesses run a lot more smoothly because you could always rely on assets appreciating in cash terms, so the investment sdecision is always 'Yes'. To run a strict monetary policy just now is going to beggar us because we are just not productive enough. That's what worries me about the Tories. The present situation has to be dealt with. The downside is that we get into annual pay negotiations, but then we know how to deal with that, and if Gordie uses his fraudulent figures the pay rises will be below the real rate of inflation which is where they need to be in this country. There will however be loads of jobs.turbobloke said:
The Chancellor today warned that the recession is "far from through"
It's hardly started, what a total wnaker.
This coming from the Caterpillar-eyebrowed monstrosity who said just before Christmas it would be getting better in Q1/09... someone tape record him and then hide it under his pillow on loopback all night.It's hardly started, what a total wnaker.
Tony*T3 said:
Oakey said:
Why does printing more money cause silly prices?
Did you not see what happened in Zimbabwe.....?yes sir that egg will cost you 500 billion.
How much did you say?
650 billion. 660. 670.
Man buys egg:
Scrotum said:
http://www.teletext.co.uk/news/national/4650b34c91...
'No plan' for 2009 election
Gordon Brown has insisted that a 2009 General Election is the last thing on his mind as he embarked on a regional tour of economically-stricken Britain.
Mr Brown said he is getting out into the country to listen to people's concerns and explain what the Government is going to do next.
He insisted the economy is top of his agenda, adding: "I've got no intention of even thinking about an election."
I wonder if we will get to see any of the genuine feedback he is likely to recieve?
Wouldn't it be fking ace if we could all take that attitude towards life?'No plan' for 2009 election
Gordon Brown has insisted that a 2009 General Election is the last thing on his mind as he embarked on a regional tour of economically-stricken Britain.
Mr Brown said he is getting out into the country to listen to people's concerns and explain what the Government is going to do next.
He insisted the economy is top of his agenda, adding: "I've got no intention of even thinking about an election."
I wonder if we will get to see any of the genuine feedback he is likely to recieve?
"I'm sorry Mortgage Co, there's just too much stuff going on, paying you is the last thign on my mind"
"Sigh, sorry boss, work's the last thing on my mind, too busy with other st"
etc, etc
Just thinking about this off the cuff
Say you have a hypothetical £6k loan over 3 years at a set 8% APR giving a fixed monthly payment of £200 per month (I havent done the figures)
Your £200 after Quantitive Easing is then worth less than it was before. So, either the loan company tell you it's now going to be £500, and change the terms, or everything they have on their books has just turned to st?
Would that be along the right lines?
Say you have a hypothetical £6k loan over 3 years at a set 8% APR giving a fixed monthly payment of £200 per month (I havent done the figures)
Your £200 after Quantitive Easing is then worth less than it was before. So, either the loan company tell you it's now going to be £500, and change the terms, or everything they have on their books has just turned to st?
Would that be along the right lines?
Oakey said:
Scrotum said:
http://www.teletext.co.uk/news/national/4650b34c91...
'No plan' for 2009 election
Gordon Brown has insisted that a 2009 General Election is the last thing on his mind as he embarked on a regional tour of economically-stricken Britain.
Mr Brown said he is getting out into the country to listen to people's concerns and explain what the Government is going to do next.
He insisted the economy is top of his agenda, adding: "I've got no intention of even thinking about an election."
I wonder if we will get to see any of the genuine feedback he is likely to recieve?
Wouldn't it be fking ace if we could all take that attitude towards life?'No plan' for 2009 election
Gordon Brown has insisted that a 2009 General Election is the last thing on his mind as he embarked on a regional tour of economically-stricken Britain.
Mr Brown said he is getting out into the country to listen to people's concerns and explain what the Government is going to do next.
He insisted the economy is top of his agenda, adding: "I've got no intention of even thinking about an election."
I wonder if we will get to see any of the genuine feedback he is likely to recieve?
"I'm sorry Mortgage Co, there's just too much stuff going on, paying you is the last thign on my mind"
"Sigh, sorry boss, work's the last thing on my mind, too busy with other st"
etc, etc
The most unpopular PM in history.
Worst financial crisis ever, mainly caused by him.
Electorate screaming for change. Even the BBC in there 'Have your say' section cannot hide this fact from the massive amounts of 'call an election now' comments.
So the PM decides to jump in his Jag and go and speak to people about the hardship they face.
The man is a deluded complete .
Maybe we should con him into a PH meet somewhere and give him a good talking too
Edited by Scrotum on Wednesday 7th January 18:12
This can hardly be a surprise. Quite a few here have been pointing out for months that inflation is the only tool left in the cockspanner's toolkit.
Hold on to your hats! If you can keep your job and pay your mortgage, your house really will be worth more GBP very shortly. As will everything else. Except, of course, your salary.
What a gibbering cockwit.
Hold on to your hats! If you can keep your job and pay your mortgage, your house really will be worth more GBP very shortly. As will everything else. Except, of course, your salary.
What a gibbering cockwit.
village idiot said:
at least it means we can all pay off our mortgages for the cost of a tin of baked beans
I was thinking this today. Our mortgage is with IF and we've had another letter today: our interest has dropped again! They may as well just give us the fking house!It's all a bit convenient really; I'm in between contracts at the moment and Mrs Orb(s) has a very good job, so I don't actually need a job for us to pay all the bills etc. These mortgage drops just give a good cushion.
Back on-topic though - I do feel sorry for old Gordon, even as an ultra-right Thatcherite myself. The bloke is between a rock and a hard place.
catso said:
JamesM said:
because its essentially worth less. It all to do with the country's gold reserves and wizardry with numbers
Don't mention Gold reserves, Gordon gave those away for some magic beans. At least, he was told they were magic beans. I'd have thought that the word "Heinz" on the side of the can would be a bit of a giveaway, though... Gassing Station | The Pie & Piston Archive | Top of Page | What's New | My Stuff