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  1. W

    Pound at all time low? Well that was a lot of fuss about nothing...

    This post explains the dominant narrative and explains why it's nonsense. You, and plenty of others on here, have swallowed that narrative whole, in one gulp, without a single critical thought. Ever. If you had, you wouldn't simply be nodding along. Yet, you just nod along with it without...
  2. W

    Pound at all time low? Well that was a lot of fuss about nothing...

    Silence, so far, from noseall. Seems my prediction was correct. I refer the honourable gentleman to post #117 in this thread.
  3. W

    More austerity - good idea or bad? - the poll

    Fair enough. Not everyone wants to understand how their economy actually works or the possibilities that come from that understanding. Feel free not to engage with me, use the ignore button?
  4. W

    Pound at all time low? Well that was a lot of fuss about nothing...

    Same challenge (and same prediction) to you: . Point out what you think is incorrect about anything I've said . Put forward your refutation and set out your understanding of how govt injects and drains Here's what I predict you will do: . Shout something irrelevant from the sidelines . Run...
  5. W

    More austerity - good idea or bad? - the poll

    Oh dear. OK, figure this out. Austerity has been the dominant narrative in the country for over a decade. Which party has been in power? It seems they can say whatever they like and people, like you, seem to lap it up. Check this out.
  6. W

    More austerity - good idea or bad? - the poll

    Lol, really?? I'll humour you this time. Firstly, they've just tried to cut taxes for the rich as you put it and had too much political pushback. Or maybe the 45p rate cut was the 'sacrificial lamb' to get the rest through; maybe we'll never know. Secondly, if you have to ask why properly...
  7. W

    Pound at all time low? Well that was a lot of fuss about nothing...

    Hey Blup, Thank you for trying to engage in a positive manner. I agree inflation, real resources, are the constraint. However, you've jumped ahead a fair bit. Let's get the basics fixed first. I'll come back to inflation later if you like. For now, though, can you point out anything which...
  8. W

    Pound at all time low? Well that was a lot of fuss about nothing...

    Same challenge (and same prediction) to you: . Point out what you think is incorrect about anything I've said . Put forward your refutation and set out your understanding of how govt injects and drains Here's what I predict you will do: . Shout something irrelevant from the sidelines . Run...
  9. W

    Pound at all time low? Well that was a lot of fuss about nothing...

    Same challenge (and same prediction) to you: . Point out what you think is incorrect about anything I've said . Put forward your refutation and set out your understanding of how govt injects and drains Here's what I predict you will do: . Shout something irrelevant from the sidelines . Run...
  10. W

    Pound at all time low? Well that was a lot of fuss about nothing...

    Instead of waffling about waffle, here's my challenge to you: . Point out what you think is incorrect about anything I've said . Put forward your refutation and set out your understanding of how govt injects and drains Here's what I predict you will do: . Shout something irrelevant from the...
  11. W

    Pound at all time low? Well that was a lot of fuss about nothing...

    Calm down, no need to give yourself an aneurysm. Your question is built on a false premise - the false premise that there is a actual shortage of £s available. £s are not a scarce resource, they aren't dug out of the ground or hacked from a mountain or made in a big £s factory somewhere. The...
  12. W

    Bad news scare stories thread.

    Purely out of interest: Should the Labour party form the next govt, in what ways do you think they will be materially different to the current lot?
  13. W

    Pound at all time low? Well that was a lot of fuss about nothing...

    The country's problems are caused by a shortage of money? Eh? Care to explain?
  14. W

    Pound at all time low? Well that was a lot of fuss about nothing...

    UK govt instructs the BoE to create new £s every time govt spends. The BoE must comply. There's no debate. There are a couple of assumptions in your question: 1. Govt wants to solve all your problems 2. Govt giving everyone a million quid would 'solve all our problems' The only way govt could...
  15. W

    Pig-headed Prime Minister sticks to her folly.

    The Rise and Rise of Michael Rimmer.
  16. W

    Liz Truss backs down on 45p tax rate cut in humiliating U-turn

    The IMF have zero input to or impact upon the UK govt or the UK economy.
  17. W

    Liz Truss backs down on 45p tax rate cut in humiliating U-turn

    Eurozone workers: "From the early 1980s until the eve of the global financial crisis, the labour share of income fell significantly and persistently, coinciding with a measurable decline in inflation and trade union density". Isabel Schnabel, Member of the ECB's Executive Board. And she's...
  18. W

    Pound at all time low? Well that was a lot of fuss about nothing...

    No attempt to back up your slur? Fair enough. An honourable person would either back up their accusation or withdraw it. Your move.
  19. W

    Pound at all time low? Well that was a lot of fuss about nothing...

    No explanation then? Fair enough. Your 'observation', I take it was directed at me: Care to back that up?
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