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Where did all the money go???
iamesbo
Posts: 258 Forumite
If you think about it really really really hard you have to realise that there is a massive pile of money somewhere?
BUT WHERE!!!!!!!!!!??????????/
BUT WHERE!!!!!!!!!!??????????/
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Comments
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Why do you think there's a huge pile of money anywhere?I am a Chartered Financial Planner
Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.0 -
Aegis sssshh they will find out otherwse!!!
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Money circulates. It doesn't accumulate. Banks take your money, exchange the notes for bonds, loan out to others, etc. The only place money might accumulate is centrally when the government "buys" back some of the M0 money supply.I am a Chartered Financial Planner
Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.0 -
Yeah sorry, my fault. It's all in my cellar.
Good price, good price,I offer good price.
"I'm not from around here, I have my own customs"
For confirmation: No, I'm not a 40 year old woman, I'm a 26 year old bloke!0 -
And if for any reason it has turned full circle - borrowed by the City to pay for big bonuses or any other controversial borrowing the s..t will really hit the fan.0
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Thought the banks sneaked out at night and buried it all at the end of the nearest rainbow (sorry, promised I wouldn't tell which end).0
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I often thought the Kaupthing Edge logo looked like the corner of a credit card with some cocaine. Maybe that is where all the money has gone?
http://www.kaupthingedge.co.uk/0 -
is there a war raging from russia and china in monentary terms , are they devaluing shares and speculating to increase oil prices?
Nah its just the market and its boom and bust , watch the biz channel on the crash of 29 and its all the same today.
The last time led to the great depression , and yes it was felt in the uk too.This led to america not wanting to join the war in europe starting a decade later , but as we all know there was boom times for america during and after that.Might be time to fund israel to go mental in the sand states of america.Have you tried turning it off and on again?0 -
Why do you think there's a huge pile of money anywhere?
This is the key problem with a lot of people who don't appear to understand how the banking system works. They think 'I put 35k in my account, the bank must have it in the safe'. :rotfl:
The one thing that is crystal clear from the events of the past few days is that many people think that 'their' bank actually stores their cash, in physical pound/ten/twenty/fifty pound notes in a big pile somewhere....0
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