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Debate House Prices
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Print money and create inflation?
Comments
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kennyboy66 wrote: »In as far as no-one would have started from here, what would you have suggested the government do in the current circumstances.
I haven't really seen a sensible alternative.
Nothing and watch the economy sucked down the deflationary plughole.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
soupdragon52 wrote: »as to printing money, come to Lewes, we now have our own pound notes, don't know about causing inflation, so far it has been very successful - second printing was needed!! it is helping keep money in Lewes and so help the beleagured shopkeepers.
Hmm, I don't quite see the point of issuing your own local currency. Certainly not from a consumer's point of view anyway.
Why on Earth would I exchange my legal tender which I can spend absolutely anywhere in the UK for local currency, only redeemable for goods and services in some of the shops and businesses in the area where it was issued?
It's no better than gift vouchers but at least gift vouchers serve as a tactful way to give cash presents to people for occasions like weddings and birthdays and such
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Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
Actually, reading a few of your posts in the last month or two I got the impression that you are more than a bit of a keen socialist too. You definitely seem to be of the impression that the state can simply waltz in and organise everything.
Maybe 'interventionist' would be a better description.
I think you were predicting a 1930's like recession were you not? I for one don't want that, although if you may help you to purchase a cheap property.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Hmm, I don't quite see the point of issuing your own local currency. Certainly not from a consumer's point of view anyway.
Why on Earth would I exchange my legal tender which I can spend absolutely anywhere in the UK for local currency, only redeemable for goods and services in some of the shops and businesses in the area where it was issued?
It's no better than gift vouchers but at least gift vouchers serve as a tactful way to give cash presents to people for occasions like weddings and birthdays and such
Another convert to the Euro?'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Aha, well I was refering to the quote from the comments that I posted at the start of this thread. I can't even remember what the article said.kennyboy66 wrote: »I meant the linked article.Happy chappy0 -
I think you were predicting a 1930's like recession were you not? I for one don't want that, although if you may help you to purchase a cheap property.
What do my predictions that a 1930s style depression is a possibility have to do with whether or not I got the impression that Sir Humphrey was a bit of a socialist at heart?--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
Another convert to the Euro?
You seem to be going over the top today. Do try to get a sense of perspective before drawing inferences.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
You seem to be going over the top today. Do try to get a sense of perspective before drawing inferences.
Sorry, I thought you were making a really good case for joining the Euro.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
What do my predictions that a 1930s style depression is a possibility have to do with whether or not I got the impression that Sir Humphrey was a bit of a socialist at heart?
I thought you were having a go at him, I always had him down as a civil servant due his name.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Sorry, I thought you were making a really good case for joining the Euro.
Right now it's just a question of which of the Pound/Euro/Dollar comes out worst at the end of all this.
My money is on the pound.
Hmm, maybe that Lewes currency might be worth having after all.....--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0
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