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easy2012

Douglas Carswell (Clacton) (Con) Mp Boe Act Speech Says Price Of Credit Has Nothing To Do With Supply/demand

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http://www.positivemoney.org.uk/the-campaign-blog/

Now going into second reading the BoE act. DC MP says supply and demand does not determine the price of credits.

Will be interesting to see what will happen to HP without bank's ability to print unlimited amount of credit.

Also, Mervyn King appears to like the idea of constraining commercial banks' ability to print money.

Edited by easybetman

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http://www.positivem...-campaign-blog/

Now going into second reading the BoE act. DC MP says supply and demand does not determine the price of credits.

Will be interesting to see what will happen to HP without bank's ability to print unlimited amount of credit.

Also, Mervyn King appears to like the idea of constraining commercial banks' ability to print money.

yes, Merv wants this privilege for himself...greedy bas**** :ph34r:

Edited by LittleSteroid

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carswell and hannan are two of the only tory parliamentarians I have any time for.Quite what they're doing in the Tories I don't really know,because philosophically,the Tories are a socialist organisation these days.

]

Well Schiff ran in the Republican primary, he also spoke at a Libertarian meeting about infiltrating the Republicans and changing from with in, it would nice to think similar could happen in the UK with the Tory's.

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Fantastic post.

Hopefully Injin will be around soon to debunk it and dash all our hopes with three words and a couple of smileys.

It's a very good proposal, the only cloud on the horizon is it leaves power with the state to debase as and when they fancy.

There is also the small matter of 300 years of doing it the other way that still needs to be sorted out, so it doesn't solve the current crisis, just prevents it in the future (plus it will cause a new, different type of crisis now mervyn has been made king shit of turd mountain.)

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  • 145 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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