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The Masked Tulip

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Typical BBC bias. They talk about helicopter money as it it is fundamentally different from the funny money banks create everyday. It's all borrowed from the future with only the hope that there will be sufficient prosperity to pay for it.

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'When cutting interest rates and buying toxic paper does not work they have no option but to helicopter drop billions to the banks - basically print money, I see that happpening tail end of this year'

Deflation anyone LOL :lol::rolleyes:

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'When cutting interest rates and buying toxic paper does not work they have no option but to helicopter drop billions to the banks - basically print money, I see that happpening tail end of this year'

More like the tail end of next week.

Is this available online for anyone without one of them there new-fangled televisor receiving devices?

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Typical BBC bias. They talk about helicopter money as it it is fundamentally different from the funny money banks create everyday. It's all borrowed from the future with only the hope that there will be sufficient prosperity to pay for it.

Wrong, helicpoter drops are created from thin air without rules and unlimited, banks use a fractional reserve rule and are limited to the amount they can create.

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Wrong, helicpoter drops are created from thin air without rules and unlimited, banks use a fractional reserve rule and are limited to the amount they can create.

Not again, please let's not have this tired argument again. The only limit on a banks creation of money is the supply of suckers to whom they can sell it. The promise to repay creates the money.

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Wrong, helicpoter drops are created from thin air without rules and unlimited, banks use a Capital Adequacy Ratio and are limited to the amount they can create.

ftfy

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Perfect storm ... downward spiral ... ten year Japanese style... hedge funds imploding ...

Bliminey, they are actually talking about it.

pfft ... Houses only ever go up....they need Dom whatisname on there to retore the balance.

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The Riech guy said that we must understand we are in a housing bubble that is bursting.

Also its funny all these capitalists talking about socialist type solutions, Nationalisation and Keynes.

Capitalism on the way up and socialism on the way down.

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What is remarkable is the speed of the change in sentiment. I know most of us on here are sort of tuned in to bearism but in the media the emphasis has changed very quickly from possible downturn and credit crunch (even at the height of Northern Rock crisis) to talk of recession, economic collapse, downward spiral etc.

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Not again, please let's not have this tired argument again. The only limit on a banks creation of money is the supply of suckers to whom they can sell it. The promise to repay creates the money.

OK do you at least agree most banks are limited to the amount they create as they try to protect their self preservation, Central banks have far much scope to lend/print a LOT more.

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Weeks or days!!

the ft bird with the lisp was great....she thought a bit before mentiong bear sterns, she probably mwas tthinking she shouldn't mention a uk bank in case their lawyers were watching.

i'd still rather steph mind.

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The Riech guy said that we must understand we are in a housing bubble that is bursting.

Also its funny all these capitalists talking about socialist type solutions, Nationalisation and Keynes.

Capitalism on the way up and socialism on the way down.

Of course. Privatise profits, socialise losses. :lol: It's the NuLab way.

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  • 296 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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