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fiddlethefigures

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About fiddlethefigures

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  1. lets hope its good news for the high street shops.
  2. fiddlethefigures

    Government Bs Of Inflation Since The 80S

    inflation
  3. fiddlethefigures

    Government Bs Of Inflation Since The 80S

    http://inflationdata.com/inflation/Inflation_Articles/Inflation_Definition.asp
  4. fiddlethefigures

    Government Bs Of Inflation Since The 80S

    What is the Real Definition of Inflation? Webster's 1983 Definition of Inflation According to Webster's New Universal Unabridged Dictionary published in 1983 the second definition of "inflation" after "the act of inflating or the condition of being inflated" is: "An increase in the amount of currency in circulation, resulting in a relatively sharp and sudden fall in its value and rise in prices: it may be caused by an increase in the volume of paper money issued or of gold mined, or a relative increase in expenditures as when the supply of goods fails to meet the demand. This definition includes some of the basic economics of inflation and would seem to indicate that inflation is not defined as the increase in prices but as the increase in the supply of money that causes the increase in prices i.e. inflation is a cause rather than an effect. Webster's 2000 Definition of Inflation However, The American Heritage® Dictionary of the English Language, Fourth Edition, Copyright © 2000 Published by Houghton Mifflin Company says: Inflation: 2) A persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money, caused by an increase in available currency and credit beyond the proportion of available goods and services. In this definition, inflation would appear to be the consequence or result (rising prices) rather than the cause. Shifty Words So between 1983 and 2000 the definition appears to have shifted from the cause to the result. Also note that the cause could be either an increase in money supply or a decrease in available goods and services. http://inflationdata.com/inflation/Inflation_Articles/Inflation_Definition.asp
  5. fiddlethefigures

    Government Bs Of Inflation Since The 80S

    I chose my HPC name to fiddlethefigures in 2004 because i knew the inflation figures were being fiddled to keep interest rates down. What is the Real Definition of Inflation? Webster's 1983 Definition of Inflation According to Webster's New Universal Unabridged Dictionary published in 1983 the second definition of "inflation" after "the act of inflating or the condition of being inflated" is: "An increase in the amount of currency in circulation, resulting in a relatively sharp and sudden fall in its value and rise in prices: it may be caused by an increase in the volume of paper money issued or of gold mined, or a relative increase in expenditures as when the supply of goods fails to meet the demand. This definition includes some of the basic economics of inflation and would seem to indicate that inflation is not defined as the increase in prices but as the increase in the supply of money that causes the increase in prices i.e. inflation is a cause rather than an effect. Webster's 2000 Definition of Inflation However, The American Heritage® Dictionary of the English Language, Fourth Edition, Copyright © 2000 Published by Houghton Mifflin Company says: Inflation: 2) A persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money, caused by an increase in available currency and credit beyond the proportion of available goods and services. In this definition, inflation would appear to be the consequence or result (rising prices) rather than the cause. Shifty Words So between 1983 and 2000 the definition appears to have shifted from the cause to the result. Also note that the cause could be either an increase in money supply or a decrease in available goods and services. http://inflationdata.com/inflation/Inflation_Articles/Inflation_Definition.asp
  6. fiddlethefigures

    Employers Say Job Applicants 'lack Basic Skills'

    I was in an economics lecture a few years ago and the lecturer gave the analogy that British management are like the scum/crap when you are having a bath it rises to the top. From my experience in the aircraft manufacturing industry i would say that this is partly true, I have had some great managers who asked you to do something and you respected them, because they too could also do the skilled job you being asked to perform, but the majority were useless and were basically found a management position because they could not do the skilled job themselves . Subsequently the factory closed and turfed many skilled men onto to the unemployment statistics. This countries problems now are due to decades of neglect in manufacturing essentially the lifeblood of economy. So now all we basically have is burger flipping jobs/ low paid work where many people cant afford to take minimum wage because the alternative is better on benefits.
  7. fiddlethefigures

    Bbc Breakfast News

    Most people in the UK do not want to know how much their house has fallen this month, economic meltdown or the deaths of innocent civilians in war torn countries. They are happy not knowing these things so the BBC are happy to feed them "no" news items. I think its to do with the education system. John Taylor Gatto wrote a book called Dumbing Us Down: The Hidden Curriculum of Compulsory Schooling. Which for me explains why the BBC can get away with its "no" news stories which the masses are happy to have fed to them. John Taylor Gatto was an award-winning public school teacher when he wrote much of the text for this book. He reveals the curriculum of public schools nationwide under the headings: Confusion, Class Position, Indifference, Emotional Dependency, Intellectual Dependency, Provisional Self-Esteem, and One Can't Hide. He asserts that the true goal of childhood learning should be to discover some meaning in life...a passion or an enthusiasm that will drive subsequent learning pursuits. Instead, schools cram irrelevant facts into young minds, substituting book-knowledge for self-knowledge. This book explains a lot for anyone who got good grades, went to college, and then didn't have any idea what to do with his life. It's also a wake-up call to parents with school-age children. Do we really want our children to grow up to be good factory workers and do as they're told? Do we really want them to buy into the "Good grades=good jobs" myth? Do we want them to believe that the goal in life is to acquire more and more stuff to fuel consumerism? Or should we give them more reflective, unstructured time in childhood to find out who they are, what they like, and how they can contribute to their communities? Dumbing Us Down is a quick, worthwhile read. http://www.amazon.co.uk/Dumbing-Down-Curriculum-Compulsory-Schooling/dp/0865714487
  8. fiddlethefigures

    I Just Love This!

    The site gives people the opportunity to see how much somebody paid for their house and then see what the value is now. for people who bought an house and is now lower in value, I was wondering what the psyche of these people is knowing that the zoopla site is getting popular due to advertising ? and so others are looking in on this site and knowing that persons business. People were openly happy to talk about how much they had made on their house (everybody must have met one of these) at the height of the boom but don't broadcast it when it has fallen,it seems there is no hiding now .
  9. fiddlethefigures

    Defence Job Cuts Could Hit 33,000, Warns Trade Body Ads

    British Aerospace before BAESYSTEMS used to manufacture civil aircraft like ATP, 146 etc but due to lack of investment in previous decades in jigs, fixtures etc resulting in crap interchangability of parts resulting in poor reputation from customers they cancelled civil aircraft programmes and turned to more profitable defence projects. At least the handy work of people who decided to switch from civil to defence projects helped in this scenario. Is private ownership of a country's Central Bank a good thing? Throughout history, there has been a concerted effort by 'Money Lenders' to control peoples and nations through currency. This is documented going back to pre-biblical times. Any efforts to instill systems of currency fair to a population seem to be quashed... by war, assassination, politics, etc. Something is really bothering me about all this, am I alone in that feeling? Most recent history now shows that back in 2001 there were only only 7 nations left who did not have a privately owned Central Bank. After the invasion of Afghanistan in 2001 there were six nations without a privately owned central bank. After the invasion of Iraq in 2003 there were five nations without a privately owned central bank. The five remaining nations at that time were: Iran; North Korea; Sudan; Cuba; and Libya. In August 2009, the Lockerbie bomber was released at the behest of the British Government. There were many allegations that it had alot to do with trade deals, specifically oil. Interestingly enough, Libya opens its country to foreign banks to do business in February 2010. Something strange here? This now leaves only Iran, North Korea, Sudan and Cuba... Ironically all identified by worldwide media as some kind of 'axis of evil'. The central bank owners also control the majority of worldwide media. So, I need to know... Is private ownership of a country's Central Bank a good thing? Should the people of the world's nations be demanding investigation into this matter and Establishment of truly government owned (not private) Central banks, and control of their own currencies (sovereignty, self-determination, freedom and future)? http://answers.yahoo.com/question/index?qid=20101226041514AAXWNF7
  10. fiddlethefigures

    Defence Job Cuts Could Hit 33,000, Warns Trade Body Ads

    They sleep at night due to not knowing their handy work is used to attack countries who do not have a private central bank.
  11. fiddlethefigures

    Christmas Cards For The Great Depression 2

    Christmas is coming the pound is getting weaker, please put some gold in my plastic beaker.
  12. fiddlethefigures

    Christmas Cards For The Great Depression 2

    christmas is coming why bother with a roast this time next year the economy is going to be toast.
  13. fiddlethefigures

    Christmas Cards For The Great Depression 2

    christmas is coming the debt is rather big, dont worry about it though it is to be dumped on the kids.
  14. fiddlethefigures

    Christmas Cards For The Great Depression 2

    I am sending photocopied xmas cards this year I am putting the verse in the middle" money's tight times are hard heres your f ucking chrismas card"
  15. fiddlethefigures

    Protest Turning Nasty In Trafalgar Sq

    Not sure about the Bullingdon club watch when "borris met dave" http://www.youtube.com/watch?v=lNVEhMCshD0&has_verified=1
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