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Awful weather - typical Brits talk

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  • Dustyevsky
    Dustyevsky Posts: 2,536 Forumite
    1,000 Posts Second Anniversary Homepage Hero Photogenic
    edited 9 November 2023 at 12:50PM
    twopenny said:
    However .....didn't take into account a pandemic and blazing inflation so perhaps replace with grow your own  :D  
    One was bound to follow the other, if traditional economic theory is followed. Printing extra money to pay people for being unproductive, increases the supply and reduces its value. Look now at M2, the available money in the system, and you'll see a fairly massive contraction going on, the result of which has always been a nasty deflationary period called a recession.
    Boring stuff, but what it means on a personal level is get your house in order by repaying debt, and diversify your 'portfolio.' For many, that means using assets differently, or creating new ones. For example, we bought fence posts, now £3 more for each one. :o In the garden, it might indeed mean digging up a lawn to make deep beds. In our garden, we rebuilt the polytunnel, rather than erect a 8 x10 greenhouse at around the same cost, but others with more energy might do both, especially if second-hand is available. ;)
    The worst that can happen is that the predictions and signs are wrong and you have a surplus of fruit and veg!

    "There is no such thing as a low-energy rich country." Dr Chris Martenson. Peak Prosperity
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