| A question for any economists among us 12:21 - Sep 23 with 4527 views | Keno |
Can you reduce inflation while at the same stimulating growth?
(and with the ghosts of Mr Gosling & Mr Wilcox casting their shadows you dont have to show your workings out) |  |
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| A question for any economists among us on 20:09 - Sep 23 with 986 views | MJallday |
| A question for any economists among us on 15:58 - Sep 23 by WeWereZombies |
Except that a low cost supply of services and manufactured goods prolongs the unfairness both nationally and globally, which in turn creates a fertile breeding ground for political instability. In short the low cost goods are really low cost bads.
And a buoyant consumer market is amongst the things driving us down environmentally, so is unsustainable in the long term - and increasingly in the medium term too (just to counter anyone who trots out the Keynesian 'in the long term we are all dead'.)
So even the best current economic theories just lead to a cliff edge. But that's what our Government excels in, isn't it. I wonder when they will run out of cliff edges ? |
Financial stability and political popularity are often at odds, and low cost goods are define not a bad thing from a consumer perspective.
In addition, environmental arguments (positive actions) comes at a cost
In short, you can’t have your cake and eat it |  |
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| A question for any economists among us on 20:22 - Sep 23 with 974 views | Keno |
| A question for any economists among us on 20:06 - Sep 23 by jeera |
Any chance you and Penny could adopt me? |
aww, thats a lovely idea ..... son | |
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| A question for any economists among us on 20:23 - Sep 23 with 973 views | jeera |
| A question for any economists among us on 20:22 - Sep 23 by Keno |
aww, thats a lovely idea ..... son |
Then one day when you die it'll be just me and Penny.
Nice one pa. |  |
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| A question for any economists among us on 21:06 - Sep 23 with 931 views | HARRY10 |
Bloomberg TV were talking about the right time to buy British stocks, with the thought that it probably is best to hold off because there could be a 'jolt' next week, which will see them fall much lower.
The pound is now down to 1.85 dollars (US markets still open), and the speculation is whether there might have to be a minor base rate rise next week
My thought is that Truss and her fellow nutters have accepted that as things stand the next election is lost, and possible the one after - so sit or bust, throw everything at the hope that the economy will get a short 'sugar rush' a boost that suggests it will be longer than thought and then try to go to the country (GE).
However, nothing in the way of long term planning, much as with the bloater where it was lie after lie, after promise. None of which were ever delivered or could be.
Best advice if retired. Join your local library. Stay there to keep warm and take home some thick volumes to burn, |  | | |
| A question for any economists among us on 21:20 - Sep 23 with 922 views | jeera |
| A question for any economists among us on 21:06 - Sep 23 by HARRY10 |
Bloomberg TV were talking about the right time to buy British stocks, with the thought that it probably is best to hold off because there could be a 'jolt' next week, which will see them fall much lower.
The pound is now down to 1.85 dollars (US markets still open), and the speculation is whether there might have to be a minor base rate rise next week
My thought is that Truss and her fellow nutters have accepted that as things stand the next election is lost, and possible the one after - so sit or bust, throw everything at the hope that the economy will get a short 'sugar rush' a boost that suggests it will be longer than thought and then try to go to the country (GE).
However, nothing in the way of long term planning, much as with the bloater where it was lie after lie, after promise. None of which were ever delivered or could be.
Best advice if retired. Join your local library. Stay there to keep warm and take home some thick volumes to burn, |
You've got a bit of a typo there buddy.
Be nice if the quid was worth almost 2 dollars again but alas not currently. | |
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| A question for any economists among us on 21:51 - Sep 23 with 910 views | WeWereZombies |
| A question for any economists among us on 20:09 - Sep 23 by MJallday |
Financial stability and political popularity are often at odds, and low cost goods are define not a bad thing from a consumer perspective.
In addition, environmental arguments (positive actions) comes at a cost
In short, you can’t have your cake and eat it |
If the environment on the surface of this planet collapses there will be no cake (and that old chestnut never makes any sense - what is the point of having cake and not eating it ?) |  |
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| A question for any economists among us on 21:53 - Sep 23 with 908 views | jeera |
| A question for any economists among us on 21:51 - Sep 23 by WeWereZombies |
If the environment on the surface of this planet collapses there will be no cake (and that old chestnut never makes any sense - what is the point of having cake and not eating it ?) |
And who in their right mind wants a chestnut cake anyway? | |
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| A question for any economists among us on 21:57 - Sep 23 with 907 views | WeWereZombies |
| A question for any economists among us on 21:53 - Sep 23 by jeera |
And who in their right mind wants a chestnut cake anyway? |
I have been wondering who those nutters Harry10 was going on about were... | |
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| A question for any economists among us on 04:06 - Sep 24 with 856 views | BlueBadger |
| A question for any economists among us on 21:06 - Sep 23 by HARRY10 |
Bloomberg TV were talking about the right time to buy British stocks, with the thought that it probably is best to hold off because there could be a 'jolt' next week, which will see them fall much lower.
The pound is now down to 1.85 dollars (US markets still open), and the speculation is whether there might have to be a minor base rate rise next week
My thought is that Truss and her fellow nutters have accepted that as things stand the next election is lost, and possible the one after - so sit or bust, throw everything at the hope that the economy will get a short 'sugar rush' a boost that suggests it will be longer than thought and then try to go to the country (GE).
However, nothing in the way of long term planning, much as with the bloater where it was lie after lie, after promise. None of which were ever delivered or could be.
Best advice if retired. Join your local library. Stay there to keep warm and take home some thick volumes to burn, |
Well there's a surprise by BlueBadger 20 Sep 2022 21:16I don't even think its that Machiavellian, they know they're out next GE and want ensure they they've kept their mates in gravy.
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| A question for any economists among us on 07:53 - Sep 24 with 824 views | Swansea_Blue |
| A question for any economists among us on 20:09 - Sep 23 by MJallday |
Financial stability and political popularity are often at odds, and low cost goods are define not a bad thing from a consumer perspective.
In addition, environmental arguments (positive actions) comes at a cost
In short, you can’t have your cake and eat it |
Environmental options don’t come at a cost any more though. Both renewables and savings that can be made from better insulation are cheaper than fossil fuels (on average).
Not taking positive environmental actions seems to be solely a political choice. |  |
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| A question for any economists among us on 09:42 - Sep 24 with 781 views | NthQldITFC |
| A question for any economists among us on 12:42 - Sep 23 by WeWereZombies |
Growing GDP is not the way to go in light of increased global warming, not that I expect doughnut economics to be embraced by the Conservative or Labour parties anytime soon but there will undoubtedly come a time when they have to. |
I hadn't seen doughnut economics stuff before, not presented that well anyway.
https://doughnuteconomics.org/tools/2
Really useful, basic but well-structured as a sound and sane set of principles and helpful for plebs like me. Thanks. |  |
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| A question for any economists among us on 10:04 - Sep 24 with 764 views | Radlett_blue |
| A question for any economists among us on 13:52 - Sep 23 by Guthrum |
'Personally I don’t think oil and gas prices will ever ‘normalise’ now'
As, indeed, they didn't return to the consistently low prices which existed prior the oil crisis of the 1970s. Which were founded upon (quasi-)colonial exploitation by Western consuming powers of oil rich parts of the world (most notably the Middle East). |
In inflation adjusted terms, oil prices in the 1990s were very similar to what they'd been in the 1950s & 1960s. There was a big spike in the 2000s, but another collapse from around 2014. Oil is cyclical, like any commodity, but the situation regarding Europe's dependence on Russian gas for power generation & heating is far more serious. [Post edited 26 Sep 2022 11:34]
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| A question for any economists among us on 11:30 - Sep 26 with 674 views | Lord_Lucan |
| A question for any economists among us on 17:11 - Sep 23 by Lord_Lucan |
I have gambled that it will rise by Monday - otherwise I'm even more screwed.
I could have paid at 1.16 but I thought that was too low 
Worst thing is i bought a container over as a favour for someone making no profit - so I told him I paid it at 1.16 in the hope that it would go back to around 1.25 and I could earn a bottle of beer - looks like I'm going to pay < 1.10 so I'm actually going to lose money by doing someone a favour.
Expensive mistake, there's probably a moral to this. |
Well this has gone brilliantly hasn't it! |  |
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| A question for any economists among us on 13:00 - Sep 26 with 631 views | giant_stow |
Another question for economists pretty please:
I keep reading things about the IMF being called in to save us, but what would be the trigger point for that? Is it if Gilt yields get to high and if so, what's too high? ta. |  |
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| A question for any economists among us on 13:03 - Sep 26 with 618 views | Radlett_blue |
| A question for any economists among us on 13:00 - Sep 26 by giant_stow |
Another question for economists pretty please:
I keep reading things about the IMF being called in to save us, but what would be the trigger point for that? Is it if Gilt yields get to high and if so, what's too high? ta. |
The IMF usually only steps in if a country cannot secure external finance. It provides emergency funding while a country sorts out its finances. Britain has good access to the credit markets; if gilt yields went up to 8-10% we might actually be in a crisis. | |
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| A question for any economists among us on 13:04 - Sep 26 with 614 views | giant_stow |
| A question for any economists among us on 13:03 - Sep 26 by Radlett_blue |
The IMF usually only steps in if a country cannot secure external finance. It provides emergency funding while a country sorts out its finances. Britain has good access to the credit markets; if gilt yields went up to 8-10% we might actually be in a crisis. |
Thanks mr, appreciate the answer. | |
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| A question for any economists among us on 13:08 - Sep 26 with 593 views | lowhouseblue |
| A question for any economists among us on 13:00 - Sep 26 by giant_stow |
Another question for economists pretty please:
I keep reading things about the IMF being called in to save us, but what would be the trigger point for that? Is it if Gilt yields get to high and if so, what's too high? ta. |
people saying that is all a bit hysterical at present. really can't see it happening. a further bump to inflation due to the £ falling is a bigger worry. either way interest rates are going up again soon. |  |
| And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show |
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| A question for any economists among us on 13:09 - Sep 26 with 586 views | giant_stow |
| A question for any economists among us on 13:08 - Sep 26 by lowhouseblue |
people saying that is all a bit hysterical at present. really can't see it happening. a further bump to inflation due to the £ falling is a bigger worry. either way interest rates are going up again soon. |
Cheers mr | |
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