hackey lad Posted November 4, 2022 Share Posted November 4, 2022 3 minutes ago, Tyke02 said: You really can't say the BoE agree with you about what the biggest contributor to inflation is, which they have as energy costs. It's even a bit of a stretch to say that they agree with you about how bad it will be, since I don't think you ever made any forecasts about the timing and magnitude of the economic effects of lockdown. Link to comment Share on other sites More sharing options...
Anna B Posted November 4, 2022 Share Posted November 4, 2022 (edited) Quantitative Easing has been releasing £billions into the economy ever since the Financial crash of 2008 and is still doing it. There's more money in the system than at any time in history. We are awash with money and this has caused inflation but it is never mentioned. (Think Germany in the 1930's.) But where is it? It's gone into the back pockets of the super rich and Corporations, who have grown incredibly wealthier during these difficult times when everyone else is struggling to survive. There has never been such a wide gap between rich and poor, and poverty is encroaching higher and higher up the social scale, until winner takes all. Let the Hunger Games commence... Edited November 4, 2022 by Anna B 1 Link to comment Share on other sites More sharing options...
Chekhov Posted November 13, 2022 Author Share Posted November 13, 2022 More stinking hypocrisy : Labour accused the Conservatives of making a "total mess" of the economy. https://www.bbc.co.uk/news/uk-politics-63614124 Link to comment Share on other sites More sharing options...
Guest sibon Posted November 13, 2022 Share Posted November 13, 2022 16 minutes ago, Chekhov said: More stinking hypocrisy : Labour accused the Conservatives of making a "total mess" of the economy. https://www.bbc.co.uk/news/uk-politics-63614124 Not stinking hypocrisy. That’s a fact right there. The economy is the responsibility of the government of the day. That is all Link to comment Share on other sites More sharing options...
crookesey Posted November 14, 2022 Share Posted November 14, 2022 13 hours ago, sibon said: Not stinking hypocrisy. That’s a fact right there. The economy is the responsibility of the government of the day. That is all The ‘government of the day’ is there to attempt to ensure that the major players keep within the rules of the game, some hope there. 🙄 Link to comment Share on other sites More sharing options...
Chekhov Posted November 14, 2022 Author Share Posted November 14, 2022 17 hours ago, sibon said: Not stinking hypocrisy. That’s a fact right there. The economy is the responsibility of the government of the day. That is all It is stinking hypocrisy because the Labour party supported, and indeed wanted even more of, the very strategy which caused the problem. So, what definition of hypocrisy are you using if you think Labour criticising the government for trashing the economy is not hypocrisy ? Link to comment Share on other sites More sharing options...
RJRB Posted November 14, 2022 Share Posted November 14, 2022 1 hour ago, Chekhov said: It is stinking hypocrisy because the Labour party supported, and indeed wanted even more of, the very strategy which caused the problem. So, what definition of hypocrisy are you using if you think Labour criticising the government for trashing the economy is not hypocrisy ? So Labour,Social Democrats ,SNP and a majority in the Conservative Party supported most of the measure taken under the Conservatives. The only hypocrisy that I see is from anyone that expects an Opposition party not to question and oppose. Brexit and pandemic measures damaged the economy and the up steps Truss with a budget designed to hammer another nail in the coffin. Link to comment Share on other sites More sharing options...
trastrick Posted November 14, 2022 Share Posted November 14, 2022 (edited) On 04/11/2022 at 10:11, Anna B said: Quantitative Easing has been releasing £billions into the economy ever since the Financial crash of 2008 and is still doing it. There's more money in the system than at any time in history. We are awash with money and this has caused inflation but it is never mentioned. (Think Germany in the 1930's.) But where is it? It's gone into the back pockets of the super rich and Corporations, who have grown incredibly wealthier during these difficult times when everyone else is struggling to survive. There has never been such a wide gap between rich and poor, and poverty is encroaching higher and higher up the social scale, until winner takes all. Let the Hunger Games commence... Socialism at work! Economic chaos, and European wars! And, as Maggie Thatcher said, "Running out of other people's money!" with spiraling, unsustainable, deficits. Edited November 14, 2022 by trastrick Link to comment Share on other sites More sharing options...
Magilla Posted November 14, 2022 Share Posted November 14, 2022 (edited) 1 hour ago, trastrick said: Socialism at work! Is how the system you use to post your ridiculous, ill-informed guff came into existence... ...and even the foundations that was built on, all paid for with public money. Quote Economic chaos, and European wars! ...have nothing whatsoever to do with "Socialism at work" Quote And, as Maggie Thatcher said, "Running out of other people's money!" with spiraling, unsustainable, deficits. Maggie sold off the UK's vast public utilities and council housing stock to placate the markets, the very definition of "other people's money". By far the majority of those spiraling, unsustainable, deficits over the last 40 years have been from governments on the right (in both the UK and US)... ...and another claim falls by the wayside under the most basic of scrutiny. Edited November 14, 2022 by Magilla Link to comment Share on other sites More sharing options...
Mister N Posted November 14, 2022 Share Posted November 14, 2022 The Tories sold off everything. If it wasn't nailed down the disgusting Tories sold it. Link to comment Share on other sites More sharing options...
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