General Election, can the country really wait that long with the current incompetent and reckless Government, or can they be forced to go to the country?
Another two years I would reckon the country would be in very dangerous territory, if the last 12 years, three years of the current Government and three weeks of the current Leadership is anything to go by.
Can this be allowed to continue? Will the electorate rise up and demand a General Election say early next year before the country crashes and burns even further.
Next thing in line is surely Public Services to be trashed. It`s about the only thing the current Government have left to completely run down.
Johnson and his motley crew were bad enough, only to be replaced by an ideological right wing Government, that worship the rich, and despise the poorest in society. This is only the beginning, and we are entering turbulent times.
Time for a change.
With another two years until the next
posted on 28/9/22
What Nixon did in 1971 is still being debated today...
"Debates over the Nixon Shock have persisted to the present day, with economists and politicians across the political spectrum trying to make sense of the Nixon Shock and its impact on monetary policy in the light of the financial crisis of 2007–2008"
If you think Liz Truss is taking a page out of the Nixon playbook......
posted on 28/9/22
comment by JustCallMeTed (U21528)
posted 13 minutes ago
comment by ...TUX... (U22398)
posted 1 hour, 59 minutes ago
comment by Devonshirespur (U6316)
posted 36 minutes ago
inflation is also caused alone by printing money in this instance.
There are global issues with supply chains and labour plus the ukraine war which have all contributed to the extent of the rise of inflation.
----------------------------------------------------------------------
Inflation IS 'money supply'. The fact that 'they' changed the definition to suit their stance is irrelevant.
Just as THEY change the basket of goods thrown into the CPI.
We are now sadly living what Nixon done (to suit the bankers) in 1971.
We've been conned for 50yrs. It really is that simple
----------------------------------------------------------------------
Is the UK currently undergoing "inflation"?
The economic definition is...
"a general increase in prices AND a fall in the purchasing value of money."
In other words you either pay more for what you used to get, Or you get less for what you used to pay.
----------------------------------------------------------------------
The 'original' definition of inflation is an increase in money-supply.
The fact that those who print currency from nothing chose to change the original definition should tell you all you need to know about those who print currency from nothing.
How do you hide a fraud? Change the definition of fraud.
How do you hide 'inflation' figures to make them seem not quite as bad as they are? Change the basket of CPI goods. Why? Because they can.
A 1980's CPI basket of goods has us running at around 20% inflation currently. Who changed what goes in the basket? Those who continually rob you.
UK debt is currently running at over £5000 per second!
This isn't the publics doing and anyone thinking that a change in party will make a difference is p-ssing in the wind, at best.
The financial system that THEY forced upon us has imploded. They knew this would happen 50yrs ago.
Then we had a pandemic that never was, a war that should never have been and farmers told to stop growing.
People need to wake up.
posted on 29/9/22
comment by ...TUX... (U22398)
posted 50 minutes ago
comment by JustCallMeTed (U21528)
posted 13 minutes ago
comment by ...TUX... (U22398)
posted 1 hour, 59 minutes ago
comment by Devonshirespur (U6316)
posted 36 minutes ago
inflation is also caused alone by printing money in this instance.
There are global issues with supply chains and labour plus the ukraine war which have all contributed to the extent of the rise of inflation.
----------------------------------------------------------------------
Inflation IS 'money supply'. The fact that 'they' changed the definition to suit their stance is irrelevant.
Just as THEY change the basket of goods thrown into the CPI.
We are now sadly living what Nixon done (to suit the bankers) in 1971.
We've been conned for 50yrs. It really is that simple
----------------------------------------------------------------------
Is the UK currently undergoing "inflation"?
The economic definition is...
"a general increase in prices AND a fall in the purchasing value of money."
In other words you either pay more for what you used to get, Or you get less for what you used to pay.
----------------------------------------------------------------------
The 'original' definition of inflation is an increase in money-supply.
The fact that those who print currency from nothing chose to change the original definition should tell you all you need to know about those who print currency from nothing.
How do you hide a fraud? Change the definition of fraud.
How do you hide 'inflation' figures to make them seem not quite as bad as they are? Change the basket of CPI goods. Why? Because they can.
A 1980's CPI basket of goods has us running at around 20% inflation currently. Who changed what goes in the basket? Those who continually rob you.
UK debt is currently running at over £5000 per second!
This isn't the publics doing and anyone thinking that a change in party will make a difference is p-ssing in the wind, at best.
The financial system that THEY forced upon us has imploded. They knew this would happen 50yrs ago.
Then we had a pandemic that never was, a war that should never have been and farmers told to stop growing.
People need to wake up.
----------------------------------------------------------------------
A lot of what you claim needs references.
E.g., "the original definition of inflation"
where is that, pray tell?
Reference link please.
As for Fraud, there are legal definitions that are backed up by penalties such as imprisonment.
And who are the "THEY" you refer to?
And you don't think there was a Pandemic?
I'm beginning to think you do not exist!
posted on 29/9/22
comment by ...TUX... (U22398)
posted 6 hours, 35 minutes ago
comment by JustCallMeTed (U21528)
posted 13 minutes ago
comment by ...TUX... (U22398)
posted 1 hour, 59 minutes ago
comment by Devonshirespur (U6316)
posted 36 minutes ago
inflation is also caused alone by printing money in this instance.
There are global issues with supply chains and labour plus the ukraine war which have all contributed to the extent of the rise of inflation.
----------------------------------------------------------------------
Inflation IS 'money supply'. The fact that 'they' changed the definition to suit their stance is irrelevant.
Just as THEY change the basket of goods thrown into the CPI.
We are now sadly living what Nixon done (to suit the bankers) in 1971.
We've been conned for 50yrs. It really is that simple
----------------------------------------------------------------------
Is the UK currently undergoing "inflation"?
The economic definition is...
"a general increase in prices AND a fall in the purchasing value of money."
In other words you either pay more for what you used to get, Or you get less for what you used to pay.
----------------------------------------------------------------------
The 'original' definition of inflation is an increase in money-supply.
The fact that those who print currency from nothing chose to change the original definition should tell you all you need to know about those who print currency from nothing.
How do you hide a fraud? Change the definition of fraud.
How do you hide 'inflation' figures to make them seem not quite as bad as they are? Change the basket of CPI goods. Why? Because they can.
A 1980's CPI basket of goods has us running at around 20% inflation currently. Who changed what goes in the basket? Those who continually rob you.
UK debt is currently running at over £5000 per second!
This isn't the publics doing and anyone thinking that a change in party will make a difference is p-ssing in the wind, at best.
The financial system that THEY forced upon us has imploded. They knew this would happen 50yrs ago.
Then we had a pandemic that never was, a war that should never have been and farmers told to stop growing.
People need to wake up.
----------------------------------------------------------------------
So absolutely nothing to do with the Goverment. Pull the other one.
posted on 29/9/22
The governments main levers to influence inflation are taxes (up or down) and tarrifs. All have the potential to affect supply and demand of goods and services.
While this tax policy, which is effectively putting more money in peoples pockets can be seen as increasing the supply of money and allowing for increased demand of goods, you have to balance that with the fact that it is in response to the opposite happening from already high levels of inflation, fuelled by energy prices which affect most commodities.
The basic approach to dealing with inflation delivers suffering - higher interest rates, real term pay decreases to limit peoples spending, to reduce the demand side of the equation (affecting businesses) and to encourage saving over spending/borrowing.
The PM is looking to soften this pain with tax measures, but these will be fighting against the traditional means for controlling inflation, meaning those measures (interest rates) need ramping up, and these have their own knock on effects.
Certainly Govt. policy has not been the root cause of inflation, high inflation would have happened anyway due to global issues, but these measures make its control more difficult.
The biggest problem with the Govt.s decision is that they have put forward this plan without any forecasts on growth.
So if they are cutting taxes to try and help the economy grow, or to at least limit the depth of a recession, if you do not show a reasoned forecast which can be analysed then people/the markets will have no faith in it and it lacks all credibility. This is what has been so unsettling, that they have said these measures will stimulate growth but havent shown their workings out or how such growth might impact on interest rates and how even higher rates may affect the economy and the effectiveness of these tax measures. No investor would act in this way so rightly the markets are thinking WTF is this based on, all we can see is that it will be inflationary and result in higher interest rates. Its the unknown that causes the panic..how high will rates go?
posted on 29/9/22
Funny that we know the OBR delivered a draft forecast to the govt before the tax cuts were announced.
I wonder why they have chosen not to show that report to anyone, and just why they might have said they won’t be publishing *any* OBR report until the end of November…
posted on 29/9/22
comment by JustCallMeTed (U21528)
posted 18 hours, 15 minutes ago
comment by The Post Nearly Man (U1270)
posted 9 hours, 47 minutes ago
comment by Roy The King Chipolina (U10026)
posted 5 minutes ago
The IMF are putting the boot in now.
----------------------------------------------------------------------
The woke left wing IMF
----------------------------------------------------------------------
Please explain what "WOKE" means?
----------------------------------------------------------------------
Someone that constantly moans about WOKE.
It's the most overused word ever. And used exclusively by Right Wing Commentators who don't like opposition views to their own.
posted on 29/9/22
comment by sandy, golden boot winner fa cup 1901 (U20567)
posted 1 hour, 8 minutes ago
comment by JustCallMeTed (U21528)
posted 18 hours, 15 minutes ago
comment by The Post Nearly Man (U1270)
posted 9 hours, 47 minutes ago
comment by Roy The King Chipolina (U10026)
posted 5 minutes ago
The IMF are putting the boot in now.
----------------------------------------------------------------------
The woke left wing IMF
----------------------------------------------------------------------
Please explain what "WOKE" means?
----------------------------------------------------------------------
Someone that constantly moans about WOKE.
It's the most overused word ever. And used exclusively by Right Wing Commentators who don't like opposition views to their own.
----------------------------------------------------------------------
They've been adding a some surprising stuff to 'things that are woke' recently
The IMF
Bankers
Strictly Come Dancing
posted on 30/9/22
comment by The Post Nearly Man (U1270)
posted 5 hours, 43 minutes ago
comment by sandy, golden boot winner fa cup 1901 (U20567)
posted 1 hour, 8 minutes ago
comment by JustCallMeTed (U21528)
posted 18 hours, 15 minutes ago
comment by The Post Nearly Man (U1270)
posted 9 hours, 47 minutes ago
comment by Roy The King Chipolina (U10026)
posted 5 minutes ago
The IMF are putting the boot in now.
----------------------------------------------------------------------
The woke left wing IMF
----------------------------------------------------------------------
Please explain what "WOKE" means?
----------------------------------------------------------------------
Someone that constantly moans about WOKE.
It's the most overused word ever. And used exclusively by Right Wing Commentators who don't like opposition views to their own.
----------------------------------------------------------------------
They've been adding a some surprising stuff to 'things that are woke' recently
The IMF
Bankers
Strictly Come Dancing
----------------------------------------------------------------------
WOKE is the past tense of awake.
It is supposed to mean ITK
or aware of events.
But nowadays it is so overused as to be meaningless.
Like FAAAAK (or how that is really spelt).
posted on 30/9/22
Polls now moving towards complete wipeout for the Tories. There is now no coming back.
This is what happens when you take the electorate for mugs.