| The government is giving workers "as much as we can" in the "toug 16:58 - Mar 7 with 4384 views | homer_123 |
Covid pandemic, Mr Johnson said.
No, wholly incorrect. You are 'chosing' to give as much as you and your colleagues wish.
Would anyone vote Conservative after the way the pandemic has been handled?
https://www.bbc.co.uk/news/uk-56313199 |  |
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| The government is giving workers "as much as we can" in the "toug on 19:53 - Mar 7 with 744 views | thebooks |
| The government is giving workers "as much as we can" in the "toug on 19:42 - Mar 7 by 26_Paz |
I’m not getting involved in the main topic of discussion but I would point out that we, as a country, very obviously do not have ‘tons of money’ |
The idea there’s a finite amount of money in “the economy” and we’ve somehow reached the end of it is plain wrong — economically illiterate.
Austerity as a “solution” to the state having spent trillions in response to a disaster has been proven wrong, and downright dangerous. It’s partly why COVID has been so devastating. |  | | |
| The government is giving workers "as much as we can" in the "toug on 19:54 - Mar 7 with 742 views | SpruceMoose |
| The government is giving workers "as much as we can" in the "toug on 19:52 - Mar 7 by 26_Paz |
Coronavirus |
Still, at least you got a few holiday snaps to help you remember your brave sacrifice this past year! |  |
| Pronouns: He/Him/His.
"Imagine being a heterosexual white male in Britain at this moment. How bad is that. Everything you say is racist, everything you say is homophobic. The Woke community have really f****d this country." | | Poll: | Selectamod |
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| The government is giving workers "as much as we can" in the "toug on 19:55 - Mar 7 with 734 views | Mullet |
| The government is giving workers "as much as we can" in the "toug on 19:51 - Mar 7 by SpruceMoose |
Brexit? |
Well not even proper Tories thought people would be stupid enough to vote for that. Then they let the far right in to get a racist, gibbering, sack of Churchillian offcuts in as their puppet. |  |
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| The government is giving workers "as much as we can" in the "toug on 19:56 - Mar 7 with 730 views | thebooks |
| The government is giving workers "as much as we can" in the "toug on 19:49 - Mar 7 by J2BLUE |
Can print with zero risk? |
Pretty much. | | | |
| The government is giving workers "as much as we can" in the "toug on 19:57 - Mar 7 with 724 views | J2BLUE |
| The government is giving workers "as much as we can" in the "toug on 19:56 - Mar 7 by thebooks |
Pretty much. |
Can you show your working please? |  |
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| The government is giving workers "as much as we can" in the "toug on 19:58 - Mar 7 with 716 views | SpruceMoose |
| The government is giving workers "as much as we can" in the "toug on 19:57 - Mar 7 by J2BLUE |
Can you show your working please? |
There's always money for the right kind of Conservative projects. No need to print anymore of the stuff. | |
| Pronouns: He/Him/His.
"Imagine being a heterosexual white male in Britain at this moment. How bad is that. Everything you say is racist, everything you say is homophobic. The Woke community have really f****d this country." | | Poll: | Selectamod |
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| The government is giving workers "as much as we can" in the "toug on 19:59 - Mar 7 with 708 views | thebooks |
| The government is giving workers "as much as we can" in the "toug on 19:57 - Mar 7 by J2BLUE |
Can you show your working please? |
QE.
Can you show yours? | | | |
| The government is giving workers "as much as we can" in the "toug on 20:00 - Mar 7 with 695 views | 26_Paz |
| The government is giving workers "as much as we can" in the "toug on 19:59 - Mar 7 by thebooks |
QE.
Can you show yours? |
And you called me economically illiterate?! |  |
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| The government is giving workers "as much as we can" in the "toug on 20:01 - Mar 7 with 692 views | SpruceMoose |
| The government is giving workers "as much as we can" in the "toug on 20:00 - Mar 7 by 26_Paz |
And you called me economically illiterate?! |
Mate, you willing give your own money to the Conservative Party. I'm not sure that makes you financially savvy enough to contribute here! | |
| Pronouns: He/Him/His.
"Imagine being a heterosexual white male in Britain at this moment. How bad is that. Everything you say is racist, everything you say is homophobic. The Woke community have really f****d this country." | | Poll: | Selectamod |
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| The government is giving workers "as much as we can" in the "toug on 20:02 - Mar 7 with 689 views | footers |
| The government is giving workers "as much as we can" in the "toug on 20:00 - Mar 7 by 26_Paz |
And you called me economically illiterate?! |
Paz on central banking 101. |  |
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| The government is giving workers "as much as we can" in the "toug on 20:04 - Mar 7 with 667 views | SpruceMoose |
| The government is giving workers "as much as we can" in the "toug on 20:02 - Mar 7 by footers |
Paz on central banking 101. |
Ooh this could be a good series. "Paz on..." stuff he knows nothing about!
Paz on Libraries
Paz on Empathy
Paz on Childhood Malnourishment
Paz on Caring for your Community
This could run and run! | |
| Pronouns: He/Him/His.
"Imagine being a heterosexual white male in Britain at this moment. How bad is that. Everything you say is racist, everything you say is homophobic. The Woke community have really f****d this country." | | Poll: | Selectamod |
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| The government is giving workers "as much as we can" in the "toug on 20:05 - Mar 7 with 664 views | 26_Paz |
| The government is giving workers "as much as we can" in the "toug on 20:02 - Mar 7 by footers |
Paz on central banking 101. |
I don’t have any formal economic qualifications but I do know that you can’t just spend a shed load of money and then just print some more and everything will be ok ... [Post edited 7 Mar 2021 20:06]
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| The government is giving workers "as much as we can" in the "toug on 20:05 - Mar 7 with 664 views | J2BLUE |
| The government is giving workers "as much as we can" in the "toug on 19:59 - Mar 7 by thebooks |
QE.
Can you show yours? |
So the money would be repaid at some point and is a temporary tool to get things moving? | |
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| The government is giving workers "as much as we can" in the "toug on 20:14 - Mar 7 with 638 views | thebooks |
| The government is giving workers "as much as we can" in the "toug on 20:05 - Mar 7 by J2BLUE |
So the money would be repaid at some point and is a temporary tool to get things moving? |
What money? QE has already “paid” for COVID and to keep things moving. What is owed to whom for it?
At this time govt. stimulus is absolutely necessary.
I am slightly bemused that people say the “debt” needs to be paid for when they can’t even say who it’s owed to and how much it is. | | | |
| The government is giving workers "as much as we can" in the "toug on 20:15 - Mar 7 with 632 views | thebooks |
| The government is giving workers "as much as we can" in the "toug on 20:05 - Mar 7 by 26_Paz |
I don’t have any formal economic qualifications but I do know that you can’t just spend a shed load of money and then just print some more and everything will be ok ... [Post edited 7 Mar 2021 20:06]
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Yes you can. You’re making the classic mistake of conflating the national finances with your own. | | | |
| The government is giving workers "as much as we can" in the "toug on 20:17 - Mar 7 with 624 views | J2BLUE |
| The government is giving workers "as much as we can" in the "toug on 20:14 - Mar 7 by thebooks |
What money? QE has already “paid” for COVID and to keep things moving. What is owed to whom for it?
At this time govt. stimulus is absolutely necessary.
I am slightly bemused that people say the “debt” needs to be paid for when they can’t even say who it’s owed to and how much it is. |
QE is central bank money creation, yes? If you are suggesting the central bank just creates as much money as we need that can be done, you're right, but it can't be done forever. Eventually this money would find itself into the general money supply and we would see inflation. | |
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| The government is giving workers "as much as we can" in the "toug on 20:20 - Mar 7 with 617 views | 26_Paz |
| The government is giving workers "as much as we can" in the "toug on 20:17 - Mar 7 by J2BLUE |
QE is central bank money creation, yes? If you are suggesting the central bank just creates as much money as we need that can be done, you're right, but it can't be done forever. Eventually this money would find itself into the general money supply and we would see inflation. |
It wouldn’t be eventual, if you introduced that amount of money into the economy instantly via quantitive easing inflation would be immediate, rampant and crippling. | |
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| The government is giving workers "as much as we can" in the "toug on 20:22 - Mar 7 with 608 views | thebooks |
| The government is giving workers "as much as we can" in the "toug on 20:17 - Mar 7 by J2BLUE |
QE is central bank money creation, yes? If you are suggesting the central bank just creates as much money as we need that can be done, you're right, but it can't be done forever. Eventually this money would find itself into the general money supply and we would see inflation. |
Yes. We’ve seen two huge uses of QE in the last 13 years — literally hundreds of billions — and what does inflation stand at?
Whether QE is an effective tool is a different question. | | | |
| The government is giving workers "as much as we can" in the "toug on 20:23 - Mar 7 with 600 views | SpruceMoose |
| The government is giving workers "as much as we can" in the "toug on 20:20 - Mar 7 by 26_Paz |
It wouldn’t be eventual, if you introduced that amount of money into the economy instantly via quantitive easing inflation would be immediate, rampant and crippling. |
To be fair, you have a history of making bold statements and then five minutes later being forced into admitting you don't know what you're talking about.
In that light, I'm not sure I put much stock in your current confidently stated points. | |
| Pronouns: He/Him/His.
"Imagine being a heterosexual white male in Britain at this moment. How bad is that. Everything you say is racist, everything you say is homophobic. The Woke community have really f****d this country." | | Poll: | Selectamod |
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| The government is giving workers "as much as we can" in the "toug on 20:24 - Mar 7 with 597 views | thebooks |
| The government is giving workers "as much as we can" in the "toug on 20:20 - Mar 7 by 26_Paz |
It wouldn’t be eventual, if you introduced that amount of money into the economy instantly via quantitive easing inflation would be immediate, rampant and crippling. |
What is “that” amout of money?
And we’ve seen exactly that, yet inflation is less than 1%. | | | |
| The government is giving workers "as much as we can" in the "toug on 20:25 - Mar 7 with 591 views | J2BLUE |
| The government is giving workers "as much as we can" in the "toug on 20:22 - Mar 7 by thebooks |
Yes. We’ve seen two huge uses of QE in the last 13 years — literally hundreds of billions — and what does inflation stand at?
Whether QE is an effective tool is a different question. |
It has inflated asset prices. It hasn't made its way into the general consumer money supply. Look at the stock market, look at property, look at art etc etc.
I am sure you are aware of the German hyperinflation? Inflation eventually shows up and when people lose confidence in the currency you get hyperinflation. | |
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| The government is giving workers "as much as we can" in the "toug on 20:25 - Mar 7 with 587 views | 26_Paz |
| The government is giving workers "as much as we can" in the "toug on 20:24 - Mar 7 by thebooks |
What is “that” amout of money?
And we’ve seen exactly that, yet inflation is less than 1%. |
The amount of money spent on Covid | |
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| The government is giving workers "as much as we can" in the "toug on 20:28 - Mar 7 with 579 views | SpruceMoose |
| The government is giving workers "as much as we can" in the "toug on 20:25 - Mar 7 by 26_Paz |
The amount of money spent on Covid |
Quick question. Are you expecting the American economy to be crippled later this month when stimulus checks land in mailboxes across the land? | |
| Pronouns: He/Him/His.
"Imagine being a heterosexual white male in Britain at this moment. How bad is that. Everything you say is racist, everything you say is homophobic. The Woke community have really f****d this country." | | Poll: | Selectamod |
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| The government is giving workers "as much as we can" in the "toug on 20:29 - Mar 7 with 575 views | thebooks |
| The government is giving workers "as much as we can" in the "toug on 20:25 - Mar 7 by J2BLUE |
It has inflated asset prices. It hasn't made its way into the general consumer money supply. Look at the stock market, look at property, look at art etc etc.
I am sure you are aware of the German hyperinflation? Inflation eventually shows up and when people lose confidence in the currency you get hyperinflation. |
Of course. But the Weimar and the UK in 2021 are different places. There is absolutely no sign of anyone losing confidence in sterling.
They’re a bunch of different assets whose inflation have been caused by wealth being moved into the hands of a few mega-rich or the state selling of its housing stock for next to nothing and subsiding landlords. Nothing to do with QE. | | | |
| The government is giving workers "as much as we can" in the "toug on 20:29 - Mar 7 with 573 views | 26_Paz |
| The government is giving workers "as much as we can" in the "toug on 20:28 - Mar 7 by SpruceMoose |
Quick question. Are you expecting the American economy to be crippled later this month when stimulus checks land in mailboxes across the land? |
I’m not sure what will happen. Probably a short term boost to markets followed by a period of high inflation. | |
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