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Sorry MV i've just seen your post from last night and you hit the nail on the head. Also, those PPE degrees, the economics taught is always of Keynesian persuasion so they don't actually understand the damage they do by interfering in the economy, they see it as "smoothing the market". I wonder how many of them have read classical economists. Not many, and if they did, they clearly do not understand it. Anyways, im off to get a Maccies, considering its Friday. Quarter Pounder or a Big Mac could be on the agenda, ill keep you guys updated. That's if i don't fall asleep.
HardUp, the banks love Crony Capitalism. They always benefit from it, that's why the Truss budget facked everything up. Its like a deck of cards. I'm sure the banks will do just fine under the Socialists. They are all in cahoots. Cant see the SP dampening.
Whats understood need not be explained. I'm not engaging with you anymore, you have shown your lack of intelligence by suggesting Governments are the ones who create growth. Its comical. Anyways i'm not going to post on here until you do off. I'm sure everyone wants to get back to Capita chat too. SEEYA
Sav, you are either really stupid or just really gullible when listening to Labour politicians. You clearly do not understand economics. Also, when i asked you question, please do not defer it to "my local MP" i'm asking YOU the question. I don't care what my local MP says. I want to know what you would propose, you know, YOUR views. So please explain..We all are waiting to know your astonishing socialist policies that would bring Britain off its back to become a superpower once again.
Someone please tell me how Net Zero is going to be a benefit to TLW. I just don't see how this can be good. Almost every opinion i have on Net Zero is cynical, so i'm hoping someone can explain and give me some optimism..
MV - By real standards the interest rate is low, I agree. With real inflation probably double what the CPI tells us, those on fixed income are screwed. I would like to see a hold in rates because a rise is impossible with the amount of debt we have and unfortunately people are levied up to their eyeballs with borrowing costs so it'll sink the ship. At least with rates rising, prices come down as a sort of equilibrium. That's what we need. It'll be painful, but necessary.