Untoward Posted August 9, 2017 Share Posted August 9, 2017 36 minutes ago, adarmo said: Which taxes? touche Quote Link to comment Share on other sites More sharing options...
Thorn Posted August 9, 2017 Share Posted August 9, 2017 Looking at this another way- what sort of agenda would support his lowering- interest-rate actions these days? Quote Link to comment Share on other sites More sharing options...
Assume The Opposite Posted August 10, 2017 Share Posted August 10, 2017 (edited) All I'll add is that the BoE sits in the City of London.. governed by it's own laws and police. Who else resides in the City of London? The big banks, who create around 97% of our money supply when they create loans.  It's more like Phil does Carneys bidding. Edited August 10, 2017 by Assume The Opposite Quote Link to comment Share on other sites More sharing options...
Errol Posted August 10, 2017 Share Posted August 10, 2017 (edited) Footage from inside the Bank yesterday: Â Â Edited August 10, 2017 by Errol Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted August 10, 2017 Share Posted August 10, 2017 6 minutes ago, Errol said: Footage from the Bank yesterday: Â Â I wont be game over for the bankers, it'll be game over for the poor sods that borrowed from them. Â Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted August 10, 2017 Share Posted August 10, 2017 The pillars of debt  Quote Link to comment Share on other sites More sharing options...
Social Justice League Posted August 10, 2017 Share Posted August 10, 2017 Most people don't want to work full time. They are forced to be slaves because shelter is ridiculously expensive in this bloody country.  We have an evil system ran by scum. Quote Link to comment Share on other sites More sharing options...
winkie Posted August 10, 2017 Share Posted August 10, 2017 Â Quote Link to comment Share on other sites More sharing options...
Gorseinonboy Posted August 11, 2017 Share Posted August 11, 2017 On 09/08/2017 at 10:42 PM, Thorn said: Looking at this another way- what sort of agenda would support his lowering- interest-rate actions these days? I'm afraid interest rates have to go up. They should really have gone up some time ago but the BofE committee doesn't have the courage to move in that direction. It's about time that savers gained something from the financial system. Returns have really been so poor for too long. Recently, because I have some bonds maturing, I've been looking at gold coins and bullion, Pensioner bonds with 4% return, crowd funding and investing in Sustainable business where the claim is a return of up to 8%. i'm unsure where to move to given the low level of return on normal savings. i also don't believe some of the claims by the Financial services industry. perhaps it'll be back to the Stock market......   Quote Link to comment Share on other sites More sharing options...
Thorn Posted August 11, 2017 Share Posted August 11, 2017 Agree about the interest rates too low. It is obscene. Quote Link to comment Share on other sites More sharing options...
Uncle_Kenny Posted August 14, 2017 Share Posted August 14, 2017 On 8/11/2017 at 8:32 AM, Gorseinonboy said: investing in Sustainable business where the claim is a return of up to 8%. You sure? I've done deals with private businesses and the rate of return has ranged from 20% to approx 100% per annum. Quote Link to comment Share on other sites More sharing options...
katchytitle Posted August 14, 2017 Share Posted August 14, 2017 24 minutes ago, Uncle_Kenny said: You sure? I've done deals with private businesses and the rate of return has ranged from 20% to approx 100% per annum. The masses either don't understand private equity or the regulators stop them from learning about it has its too risky. They fail to inform them that its the only way out of debt slavery (if you can afford to invest in the first place that is). PE investments are always measured in double triple digit returns...because on average 1 in 20 investments succeed so its a numbers game and you hope that your 1 in 20 is Amazon or Google or Markit or Walmart etc Quote Link to comment Share on other sites More sharing options...
stuckmojo Posted August 15, 2017 Share Posted August 15, 2017 On 8/11/2017 at 9:07 AM, Thorn said: Agree about the interest rates too low. It is obscene. The level of gearing in the financial world is too high for even a tiny increase. Unless something disruptive is afoot, I can't see it. I'd be very happy to be proven wrong. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted August 15, 2017 Share Posted August 15, 2017 30 minutes ago, stuckmojo said: The level of gearing in the financial world is too high for even a tiny increase. Unless something disruptive is afoot, I can't see it. I'd be very happy to be proven wrong. In this case how would you explain the actions of the US then ? Quote Link to comment Share on other sites More sharing options...
stuckmojo Posted August 15, 2017 Share Posted August 15, 2017 2 hours ago, TheCountOfNowhere said: In this case how would you explain the actions of the US then ? Good point, but they're still pussyfooting, really. Again, I might be wrong ,but the economy is in no position to support higher IR. I'd personally love to see an increase. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted August 15, 2017 Share Posted August 15, 2017 17 minutes ago, stuckmojo said: Good point, but they're still pussyfooting, really. Again, I might be wrong ,but the economy is in no position to support higher IR. I'd personally love to see an increase. the economy is in no position to support insane house prices. Quote Link to comment Share on other sites More sharing options...
longgone Posted August 15, 2017 Share Posted August 15, 2017 34 minutes ago, stuckmojo said: ,but the economy is in no position to support higher IR. when is it ever going to be ? surely it can only get worse. 10 years has been wasted Quote Link to comment Share on other sites More sharing options...
stuckmojo Posted August 15, 2017 Share Posted August 15, 2017 2 hours ago, TheCountOfNowhere said: the economy is in no position to support insane house prices. On that I agree 100%. Pure lunacy Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted August 15, 2017 Share Posted August 15, 2017 (edited) 32 minutes ago, stuckmojo said: On that I agree 100%. Pure lunacy Pure Criminality. The current status quo is helping the people making the rules and their cronies. Whilst shafting a generating or 3 Edited August 15, 2017 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.