Posted: Fri Jan 09, 2009 12:42 pm
http://www.timesonline.co.uk/tol/news/p ... 470100.ece
it has NEVER worked.
WW1, Zimbabwe, Japan just a few examples
it has NEVER worked.
WW1, Zimbabwe, Japan just a few examples
Page 1 of 2
Posted: Fri Jan 09, 2009 12:44 pm
Exactly. Look how many millions of dollars people pay for a loaf of bread in Zimbabwe. We'll need a wheelbarrow to carry the money around at this rate!
Posted: Fri Jan 09, 2009 2:43 pm
[:D]It's the only way you'll ever get to be a millionaire Skip![:D]
Posted: Fri Jan 09, 2009 2:48 pm
That's a good point!
Posted: Fri Jan 09, 2009 2:50 pm
my annual salary is nearly a million.. but it's not pounds.. so its cheating 
Posted: Fri Jan 09, 2009 3:03 pm
You can pretend though animaleyes!
Posted: Fri Jan 09, 2009 3:10 pm
lol. reminds me of only fools and horses
"one day rodders.. we'll be miiiiiiilionaires... "
i wish
"one day rodders.. we'll be miiiiiiilionaires... "
i wish
Posted: Fri Jan 09, 2009 4:09 pm
You just need to find that antique watch!
Posted: Fri Jan 09, 2009 4:24 pm
We are in the last chance saloon, everybody has already if not going to have to do it - printing more money - Argentina, Japan,US and now UK.
My predictions:
Watch interest rates go UP and deflation go up back to the norm gradually. Looks like those mortgage discount interest rates wouldn't last after all.No one surely thought the government would just sit idle,they have an election to win!
In principle I have to vote for the move to print more real bank notes
My predictions:
Watch interest rates go UP and deflation go up back to the norm gradually. Looks like those mortgage discount interest rates wouldn't last after all.No one surely thought the government would just sit idle,they have an election to win!
In principle I have to vote for the move to print more real bank notes
Posted: Fri Jan 09, 2009 4:27 pm
As Animaleyes says it's been proven that printing more money doesn't work.
It's all very well printing the money, but are we actually going to see any more of it, or will it just end up being more in taxes for the government so they can repay their reckless borrowing?
It's all very well printing the money, but are we actually going to see any more of it, or will it just end up being more in taxes for the government so they can repay their reckless borrowing?
Posted: Fri Jan 09, 2009 4:38 pm
I don't really fancy having a £1 million pound in my purse which is worth less than the paper it is printed on! Mind you, perhaps we could all have designer wheelbarrows to push it round in.
Interest rates will go up eventually - that's a certainty, but not in the near future. The economy is doomed for at least the next 12 months. Deflation hasn't yet kicked in but probably will and I think it will be even sooner if we print more money.
The sooner Gordon Brown sees the writing on the wall and goes, the better.
Interest rates will go up eventually - that's a certainty, but not in the near future. The economy is doomed for at least the next 12 months. Deflation hasn't yet kicked in but probably will and I think it will be even sooner if we print more money.
The sooner Gordon Brown sees the writing on the wall and goes, the better.
Posted: Fri Jan 09, 2009 5:13 pm
We all have to wait and see in this blind roller coaster ride to get out of monetary hell. Fate is in God's hands you could say.We are all blind and have been in circles till now.
Posted: Fri Jan 09, 2009 6:48 pm
I think I remember in school that the Germans printed more money in the war and it didnt work. I wonder if Gordon did that at school? He seems like a bit of an idiot to me.
Posted: Fri Jan 09, 2009 10:15 pm
Lets get the Tories back and we can all have a rest from working,live in tents and get in line for our daily soup.
Beware of what you wish for as it has a habit of biting you.
Beware of what you wish for as it has a habit of biting you.
Posted: Fri Jan 09, 2009 10:23 pm
I don't believe anything any political party tells me, but I'm willing to give the Tories a chance again. Gordon Brown is the biggest waste of space ever, and if the Tories have problems - it's because of the legacy of the labour party.