How the worlds economic woes will be solved

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gingerjedi replied

14 October 2009, 14:38
Originally posted by BrilloPad View Post

Couldn't we try getting everyone to live within their means instead?

Feck off, I'm not going back to post war depression standards of living for anyone.

If only they had credit cards in the 30's... poor sods.
Leave a comment:
DiscoStu replied

14 October 2009, 14:29
Originally posted by BrilloPad View Post

Couldn't we try getting everyone to live within their means instead?

Yes, but telling people they can't have that shiny new flat-screen TV on credit doesn't win votes.
Leave a comment:
BrilloPad replied

14 October 2009, 13:52
Couldn't we try getting everyone to live within their means instead?
Leave a comment:
Brussels Slumdog replied

14 October 2009, 12:03
But will your daily rate go up.

Originally posted by DiscoStu View Post

I think it could work, we'd just need to get every country in the world doing the same.

All countries could ask Zimbabwe for advice.

Our rates would go down as there would be more plenty Indians wanting
to work for plenty pounds to deliver plenty quickness
Leave a comment:
rootsnall replied

14 October 2009, 11:41
Where are we upto with the money printing ? How much of the 100odd billion is left ? It seems pretty obvious to me things will go pear shaped when the taps are turned off. I'm guessing the plan is to make things seem OK until the election !?
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DiscoStu replied

14 October 2009, 11:36
Originally posted by DimPrawn View Post

I might add, after everyting goes up 100x and everyone sells and becomes rich, this causes a crash and so not only has everyone got loads of money and no debts, everything is really cheap too!

Boomed!

You've got my vote.
Leave a comment:
DimPrawn replied

14 October 2009, 11:35
I might add, after everyting goes up 100x and everyone sells and becomes rich, this causes a crash and so not only has everyone got loads of money and no debts, everything is really cheap too!

Boomed!
Leave a comment:
DiscoStu replied

14 October 2009, 11:34
Originally posted by DimPrawn View Post

Damn! Back to the drawing board.

I think it could work, we'd just need to get every country in the world doing the same.
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DimPrawn replied

14 October 2009, 11:32
Originally posted by Brussels Slumdog View Post

1. Print money
Government has already printed money and nobody is rich
1a Print more money
The pound will crash to parity with the dollar
Petrol prices £2
3. Said assets go up in value 100x
Liabilities go up in value 100x
4 Investors sell assets and make a fortune
Foreign Investors sell assets and make a fortune
5. Government takes tax generated and pays of all debts.
Foreign Government takes tax generated

Damn! Back to the drawing board.
Leave a comment:
Brussels Slumdog replied

14 October 2009, 11:27
Everyone will be poor

Originally posted by DimPrawn View Post

1. Print money
2. Money finds it way into stock markets, commodities, gold, property, etc.
3. Said assets go up in value 100x
4. Investors sell assets and make a fortune.
5. Government takes tax generated and pays of all debts.

Everyone is rich and there is no debt. We all live happily ever after.

Simples.

1. Print money
Government has already printed money and nobody is rich
1a Print more money
The pound will crash to parity with the dollar
Petrol prices £2
3. Said assets go up in value 100x
Liabilities go up in value 100x
4 Investors sell assets and make a fortune
Foreign Investors sell assets and make a fortune
5. Government takes tax generated and pays of all debts.
Foreign Government takes tax generated
Leave a comment:
HairyArsedBloke replied

14 October 2009, 11:23
Originally posted by MrMark View Post

If it sounds too good to be true..

... it's a nuLieBore policy.
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MrMark replied

14 October 2009, 11:10
If it sounds too good to be true..
Leave a comment:
gingerjedi replied

14 October 2009, 11:05
I'm still waiting for hyperinflation to solve all my problems.

Whats the downside apart from queueing for a loaf of bread?
Leave a comment:
DimPrawn started a topic How the worlds economic woes will be solved

14 October 2009, 10:59
How the worlds economic woes will be solved

1. Print money
2. Money finds it way into stock markets, commodities, gold, property, etc.
3. Said assets go up in value 100x
4. Investors sell assets and make a fortune.
5. Government takes tax generated and pays of all debts.

Everyone is rich and there is no debt. We all live happily ever after.

Simples.
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