Reply to: Where is all this money coming from?

[SpontaneousOrder]

"Money" doesn't really exist. Debt exists. Do you remember the run on Northern Rock? Do you know about deposit ratios?

Its all debt man. And, as the ECB and BoE have shown, they can magic it up when ever they want to.

Equally, it could all be written off in a single stroke.

Once we left the gold standard, money as you know it is just a promise.

And promises are broken, amended, elongated all the time.


That's the long answer. Short one is govt bond's.

Money exists for those unborn children who one day grow up with a debt they didn't incur.

[DodgyAgent]

"Money" doesn't really exist. Debt exists. .

That is exactly what I tell my contractors when they start moaning about not getting paid

[fitzy73]

"Money" doesn't really exist. Debt exists. Do you remember the run on Northern Rock? Do you know about deposit ratios?

Its all debt man. And, as the ECB and BoE have shown, they can magic it up when ever they want to.

Equally, it could all be written off in a single stroke.

Once we left the gold standard, money as you know it is just a promise.

And promises are broken, amended, elongated all the time.


That's the long answer. Short one is govt bond's.

[PerfectStorm]

Umbrella company travel expenses

[DodgyAgent]

MF gobsmacked and outraged by the stamp duty changes, and the very same day someone throws a drunken strop on a plane?

Anyone else joining up the dots here?

[OwlHoot]

MF gobsmacked and outraged by the stamp duty changes, and the very same day someone throws a drunken strop on a plane?

Anyone else joining up the dots here?

[DodgyAgent]

tax the rich!!

And MF

[SueEllen]

my house purchase.

Osbourne, you ****.

tax the rich!!

[MarillionFan]

2.5bn for the NHS
15bn for roads
1bn loans guarantee for small businesses
Extra billions for the EU.

My house purchase.

Osbourne, you ****.

[SpontaneousOrder]

The unborn.

[vetran]

Zero hour contracts wouldn't be too bad without the exclusions that lock people into a single employer.

Being able to be on the books of a dozen companies and being able to fill in your week with work for any of them would significantly reduce the down side of these contracts.

We really need legislation for low-skilled zero hour contracts that enforce an 'on call' fee if they are exclusive, to encourage the use of non-exclusive contracts that allow flexibility for the employer and the employed.

At the moment, we the tax payers are effectively footing the bill for the 'on call' payments

The employers would just discriminate against those people by not offering them work. But it would be a start.

Paying half a day for showing up and getting no work would be another. Not allowing them to force the employee or self employed to pay for protective clothing or overpriced vans or stock might be another.

The solution to Zero hour contracts is to have a shortage of potential employees then companies will treat staff better and pay them better.

[VectraMan]

Zero hour contracts wouldn't be too bad without the exclusions that lock people into a single employer.

Agreed, but in reality, employers that hire temps will remember the ones that are available when they're needed and put them to the top of the pile. You can't really stop that.

We really need legislation for low-skilled zero hour contracts that enforce an 'on call' fee if they are exclusive, to encourage the use of non-exclusive contracts that allow flexibility for the employer and the employed.

Cue lots of moaning about people being forced to accept below minimum wage pay for the times they're not needed.

[NickyBoy]

Zero hour contracts wouldn't be too bad without the exclusions that lock people into a single employer.

Being able to be on the books of a dozen companies and being able to fill in your week with work for any of them would significantly reduce the down side of these contracts.

We really need legislation for low-skilled zero hour contracts that enforce an 'on call' fee if they are exclusive, to encourage the use of non-exclusive contracts that allow flexibility for the employer and the employed.

At the moment, we the tax payers are effectively footing the bill for the 'on call' payments

[tractor]

...

Least you aren't a passive racist....

I hate mange tout and asparagus, does that count?

[tractor]

...

There is an overall saving as there's benefit to the economy at large by having more people making and doing useful things, which is good for everyone, and increases tax receipts (if only in Belgium).

But not to the taxpayer, which was my point. If I am paying the same or more tax what does it matter that other people are spending more (which is arguable anyway)? It is just massaging the available money.