Brown in final gamble: to print money
Discussion
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.A nice little parcel of fresh twenties to all labour voters
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;
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.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;
Edited by dilbert on Thursday 8th January 18:28
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
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