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We really need this. Now. Draghi just said printing is the solution. Private Debt to sit on national debt piles with CB printing money to finance them. 
I do believe we DO need deflation now. We need capital to flow where it can make profits, real profits. Why should the tax payer save Tesla, WeWork and all these empty companies who have prospered in this credit boom, landlords who bought properties at x10 times the median wage. Since when we have chosen that in this game you cannot loose? 
Keep the border open, make capital flows as smooth as possible, remove all the stupid red tapes investors and workers have to stand by. 
We need a CAPITALISTIC revolution. Now. Let the smartest and brightest make money and create wealth, for flag’s sake!

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I think there is a good chance of seeing significant deflation even with the helicopter payments and printing like crazy from all the central banks. They can’t print as fast as the destruction of currency that the lockdowns are causing. That and the reduction in velocity.

I guess that when this is over, there will be a significant inequality in the system (not that there isn’t already). Assets will fall while consumables will rise spectacular ly (mostly food). 
 

we will then have some difficult decisions to make as a country, for example, if NHS workers want 100% pay rise and a loaf of bread costs £3. 
 

Every one will follow suit and velocity will return while none of the currency will. We will then have run away inflation and surging asset prices. Timing will be key.

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The trouble is everything is interlinked, banking/pensions/insurance.  The hope will be printing just fills the deflation void and prevent collapse.  There is no magic number that is just right, too much and they create a hyperinflation nightmare that destroys everything, too little and they are looking into the blackhole of debt deflation which will risk everything.

Historically this type of turning point has always led to war.

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41 minutes ago, longgone said:

The money will disappear the same way it came about there are no rules. 

Money doesn't disappear, if you spend money someone else receives it.

The ONLY cause of long-term inflation is the creation of money by Central Banks.

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26 minutes ago, PSmith said:

Money doesn't disappear, if you spend money someone else receives it.

The ONLY cause of long-term inflation is the creation of money by Central Banks.

If debt was used to purchase an item and the debt was never repaid and the item is now worthless no extra money was created.

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14 hours ago, PSmith said:

Money doesn't disappear, if you spend money someone else receives it.

The ONLY cause of long-term inflation is the creation of money by Central Banks.

Ohhh boy you have no idea.

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On 26/03/2020 at 11:06, Neapolitan said:

We really need this. Now. Draghi just said printing is the solution. Private Debt to sit on national debt piles with CB printing money to finance them. 

Seems he is a follower, following Trump and Boris's lead.

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  • 417 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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