This post has been edited by Financial Planner: 27 April 2008 - 10:57 AM
Talksport 3 Am 17.04.08 We now have the recording
#1
Posted 16 April 2008 - 10:18 PM
Cap'n, you cannae change the laws of... Economics!
"If they raise rates we're toast. If they don't its BECAUSE we're toast" Jonathan Davis Sky News March 2011
#2
Posted 16 April 2008 - 10:21 PM
#3
Posted 16 April 2008 - 10:25 PM
#4
Posted 16 April 2008 - 10:27 PM
#5
Posted 16 April 2008 - 10:30 PM
Financial Planner, on Apr 16 2008, 11:18 PM, said:
I'd say you are currently Britains Premier expert and forum hero.
When compared to that bald gimp and Krusty you are a shining beacon of intellect in sea of ignorance.
#6 Guest_AuntJess_*
Posted 16 April 2008 - 10:34 PM
hedgefunded, on Apr 16 2008, 11:30 PM, said:
When compared to that bald gimp and Krusty you are a shining beacon of intellect in sea of ignorance.
Is someone going to tape it?
This post has been edited by AuntJess: 16 April 2008 - 10:34 PM
#7
Posted 16 April 2008 - 10:36 PM
#8
Posted 16 April 2008 - 10:38 PM
http://en.wikipedia....ki/Moral_hazard
http://en.wikipedia....ki/Moral_hazard
http://en.wikipedia....ki/Moral_hazard
#9
Posted 16 April 2008 - 10:40 PM
#10
Posted 16 April 2008 - 11:51 PM
the Bank of England is stitching up savers !
Their hidden agenda is to inflate away all the government debt and mortgage debt like they did in the 25 years after the War....
Our national debt reached 250% of GNP in 1945 because of the cost of financing the War.
but by 1961 this had shrunk to 100% largely because of inflation..which during 50s although not at 1970s levels was 5 or 6% most of the time and over 9% for a couple of years.
Having B of E interest rates at 0.5% and mortgage rates at 5% when inflation is 5% means you can buy a house for a zero real interest rate.....Meanwhile savers get 1% which is minus 4% when adjusted for inflation....
They keep saying theyre printing money to keep the economy going but it also has the massive advantage for them of deflating the value of money.....
In the 20th century except for 2 years during a demand-led slump in 1931and 32 the value of money fell every year...#
I dont know how easy it is to compare now with the 18th and 19th centuries but at that time for nearly 200 years nothing went up in price and gains in productivity were manifested in falling prices rather than rising wages
#11
Posted 17 April 2008 - 12:00 AM
I was a coke addict but I managed to cut it down to 2 cans a week!
Schadenfraude is like a box of chocolates, you always want more but you know you're gonna feel sick!
Probability says 50% of all quotes are approximately 1/3 longer than the previous one.....
Sometimes you can pay peanuts but get the work of an elephant instead of a monkey.
-
"No tyrant need fear till men begin to feel confident in each other."
-Aristotle
#12
Posted 17 April 2008 - 12:00 AM
www.talksport.co.uk
#13
Posted 17 April 2008 - 12:11 AM
www2.talksport.net/
The presenter just said he bought his place for £210,000 ... 4 years ago... now worth £235,000 to £240,000, but remarkably relaxed, thinks wideboy BTLers should be taught a lesson... and wouldn't mind a "10% crash"... not real money.
A cracking interview lined up he says.
#14
Posted 17 April 2008 - 12:11 AM
#15
Posted 17 April 2008 - 12:16 AM
the Bank of England is stitching up savers !
Their hidden agenda is to inflate away all the government debt and mortgage debt like they did in the 25 years after the War....
Our national debt reached 250% of GNP in 1945 because of the cost of financing the War.
but by 1961 this had shrunk to 100% largely because of inflation..which during 50s although not at 1970s levels was 5 or 6% most of the time and over 9% for a couple of years.
Having B of E interest rates at 0.5% and mortgage rates at 5% when inflation is 5% means you can buy a house for a zero real interest rate.....Meanwhile savers get 1% which is minus 4% when adjusted for inflation....
They keep saying theyre printing money to keep the economy going but it also has the massive advantage for them of deflating the value of money.....
In the 20th century except for 2 years during a demand-led slump in 1931and 32 the value of money fell every year...#
I dont know how easy it is to compare now with the 18th and 19th centuries but at that time for nearly 200 years nothing went up in price and gains in productivity were manifested in falling prices rather than rising wages
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