Brown in final gamble: to print money

Brown in final gamble: to print money

Author
Discussion

s2art

18,941 posts

255 months

Thursday 8th January 2009
quotequote all
thinfourth2 said:
So how are they going to distribute this extra money

A nice little parcel of fresh twenties to all labour voters
Ideally deposit in the banks at a fair interest rate thus forcing the banks to try and make that money work hard enough to pay said interest and make a profit.

dilbert

7,741 posts

233 months

Thursday 8th January 2009
quotequote all
s2art said:
dilbert said:
Thick as you think I am, I already know money supply is compromised.

I don't really exist as a member of the universal set that is the venn diagram of your mind. Nevertheless, by your reasoning, I'm somewhere on the vertical axis in the vicinity of the "thick members".

I reckon you need some of these, before you can't afford them any more;

hehe

Edited by dilbert on Thursday 8th January 18:28
Not sure what you mean by 'compromised'. Either the growth or shrinking of the money supply is appropriate or it isnt. Get the monetary conditions wrong and the economy will suffer. Its that simple.
It is that simple. But there is something "intangible" going on.

What we are is an ex-marathon runner. For years, as our trainer, Gordo's been saying feast up. He could have been acting, to get us to run a marathon every month. We're fat and lardy.

What's the difference?

1) Nobody can put the competition marathon off forever.
2) Gordon was in charge of getting us fit.
3) The condition of our heart is broadly equivalent to "value in the economy".
4) Printing money is the equivalent of "wafer thin mint" that brings about the heart attack.

Lardy man dies after five minutes of running.

The end.

BTW,

As a smoker I implicitly understand this. They have been printing economic forecasts on cigarettes for ages now. Recently it's got visual. I even have a picture of "old man england" dead on the slab, stamped on the side of my fags.

http://uk.youtube.com/watch?v=BlK62rjQWLk

Edited by dilbert on Thursday 8th January 19:01

havoc

30,319 posts

237 months

Thursday 8th January 2009
quotequote all
Stagflation.

I said it nearly a year ago, and now Gordy is going to turn my worst fears into reality. frown

Someone SHOOT that fker before he totally fks up this country!!! If it's not already too late...

Fittster

20,120 posts

215 months

Thursday 8th January 2009
quotequote all
thinfourth2 said:
So how are they going to distribute this extra money

A nice little parcel of fresh twenties to all labour voters
Obama is going to send every yank $1000 dollars. However if that it the road to getting out of this why not the send them $2000?

Schermerhorn

4,343 posts

191 months

Friday 9th January 2009
quotequote all
10 Pence Short said:
I hope Gordo has the IMF on speed dial...
Yes, they'll really help! They'll make the situation worse, a truly cancerious institution

turbobloke

104,579 posts

262 months

Friday 9th January 2009
quotequote all
anonymous said:
[redacted]
As somebody once said the Truth is the enemy of the State.

No names, no Godwin's law smile