A plan so cunning you could brush your teeth with it :)

ZTD

elantan wrote: »

Sounds like going to the butchers was a good idea i dont find asda etc much cheaper than a butchers but the quality of a butchers is much much superior for some reason ....

It's because little butchers can't afford the machines which inject water into meat. Supermarkets can.

elantan wrote: »

I also ( being the community anarchist that i am ) like to put the money back into the community as much as possible

Nothing wrong with that, but it all eventually ends up in London anyway, HM Revenue and Customs...

elantan

Very true on both counts z .... I just like money to take as many detours as it can till it gets there lol

boredofbeingathome

elantan wrote: »

But a valuable spend .... Some things are worth splashing out for ... Quality does trump quantity

That's true and tea was rather nice- i could eat it again..:o:rotfl:

Karmacat

I don't think its anarchism, El! It really does boost the local community to spend locally, when others do too. One of my topics at poly was economic history (Oh I did enjoy the opening sentence of the Communist Manifesto ) and there was a phrase there thats stuck with me - the velocity of money, about how speeding up the number of exchanges creates prosperity - if you get a £ and put it in the bank, thats it. If you spend that £ at the local shop, and they spend it at the local chemist, and they spend it at the local baker, the velocity has .... quadrupled, or something .... and all the participants have gained. Win-win!

ZTD

Karmacat wrote: »

I don't think its anarchism, El! It really does boost the local community to spend locally, when others do too. One of my topics at poly was economic history

I did that at university too, along with "proper" economics. Hated the history side. If I never see another canal again...

Karmacat wrote: »

(Oh I did enjoy the opening sentence of the Communist Manifesto ) and there was a phrase there thats stuck with me - the velocity of money, about how speeding up the number of exchanges creates prosperity - if you get a £ and put it in the bank, thats it.

Is it? Don't the banks do that business investment thing with it? Which means we accumulate capital which is used in production, rather than consumption which is used in consuming.

Karmacat wrote: »

If you spend that £ at the local shop, and they spend it at the local chemist, and they spend it at the local baker, the velocity has .... quadrupled, or something .... and all the participants have gained. Win-win!

Are you sure a lack of demand for holding money is a good thing?

I revisited economics about 15 years after uni as I suddenly had some free time to burn. Transpired that pretty much all of it past Demand/Supply curves and marginal costs/utility was pretty much garbage which should have been put into a separate course called "Politics".

Oh well, you live and learn. I did pass the course, and made a fairly spot-on prediction during the final exam about the mechanics of the pound being ejected from the ERM, (showing my age...) so not all bad.

boredofbeingathome

And who says you don't learn anything on MSE?:D Thanks for that KC and Z.

Well today is a good day as i have broken up for hols:D Have a mound of paperwork to do and would really like to go to a certain North Easterly meet. Hoping i can make it.:D

Spends wise- that would be a grand total of £8 from personal budget. Was asked to buy something for school and that will be refunded later on. I blagged a free trip for one of my students so was a good day there Just chilling and having a catch up.

Off to update totals.

lucielle

My lot has another week to go. Then I've got some much needed leave. Yippee
L

elantan

Karmacat wrote: »

I don't think its anarchism, El! It really does boost the local community to spend locally, when others do too. One of my topics at poly was economic history (Oh I did enjoy the opening sentence of the Communist Manifesto ) and there was a phrase there thats stuck with me - the velocity of money, about how speeding up the number of exchanges creates prosperity - if you get a £ and put it in the bank, thats it. If you spend that £ at the local shop, and they spend it at the local chemist, and they spend it at the local baker, the velocity has .... quadrupled, or something .... and all the participants have gained. Win-win!

i'm one of those community type anarchists that dont want government ruling my life but want communities helping each other out ... hence the whole give as much of my business to local companies etc

Butti

Come on Bob, I'd love to see you.

B

boredofbeingathome

I will be up there but later on in the week. I can't afford to go twice, i did have plans to go last night but a long story.