Reply to: Eurozone inflation in October fell to 0.7%

[scooterscot]

I'd say that with the Germans needing immigration the outlook for those Brits who are capable and can be bothered is fairly rosy, as long as they like beer and sausages.

10/4

Even then there's a number of canny British expat shops popping up.

[scooterscot]

It's not as bad as people think.

Say the London country people.

[doodab]

The outlook for the German economy is poor especially demographically, unless it becomes a high-immigration country.

So British outlook is particularly bright then?

It's not as bad as people think.

I'd say that with the Germans needing immigration the outlook for those Brits who are capable and can be bothered is fairly rosy, as long as they like beer and sausages.

[sasguru]

So British outlook is particularly bright then?

It's not as bad as people think.

[AtW]

The outlook for the German economy is poor especially demographically, unless it becomes a high-immigration country.

So British outlook is particularly bright then?

[sasguru]

It's reassuring that my daughters brought up here in Germany will be afforded the opportunity to grow up in a country that maintains a steady quality of life.

You're a prime example of someone technically trained and poorly educated.
Do you know any history at all? Britain has been far more economically and political stable than Germany over the last few centuries.
This is because of British pragmatism and adaptability. Germans on the other hand are romantische perfectionists.
Being a perfectionist is good when you're creating a Mercedes, less so when you apply it to human society.
WW2 can be seen as a bid to create the perfect society removing all alien elements.
Germans are their own worst enemy with their periodic fits of idealism, the most recent of which is their Energiewende which is even now affecting their Wirtshaftwunder, according to the German movers and shakers who I know (in-laws).
The outlook for the German economy is poor especially demographically, unless it becomes a high-immigration country.

[AtW]

It's reassuring that my daughters brought up here in Germany will be afforded the opportunity to grow up in a country that maintains a steady quality of life.

In Germany CEO of a big car manufacturer (like BMW) is an engineer.

In other parts of the world it's a BS MBA.

[scooterscot]

I'd have thought QE is robbery from those who already made their stash of money (unless they've held it in assets)
Future generations haven't earned their own money yet, so they're unaffected in that respect (ignoring the other issues with our economy)

Yes and no.

In years to come your children's taxes will be paying for the banks mistakes, the mistakes of their parents. The tax money should be spent on them. We're robbing the wealth of our children all so that a few can remain wealthy today. It's incomprehensible for me that this can be allowed to happen. But then I'm guessing so few understand it so why would it become an issue?

It's reassuring that my daughters brought up here in Germany will be afforded the opportunity to grow up in a country that maintains a steady quality of life.

[AtW]

I'd have thought QE is robbery from those who already made their stash of money (unless they've held it in assets)

No, those are okay.

QE causes inflation so those who can least afford it will have to pay more for things that can't be avoided - fuel, food.

Last gen Plasma TVs on the other hand get cheaper and cheaper.

[CheeseSlice]

Monitory inflation as you put, really the result of QE it is robbery from future generations. Treasonous offence as far as I'm concerned.

I'd have thought QE is robbery from those who already made their stash of money (unless they've held it in assets)
Future generations haven't earned their own money yet, so they're unaffected in that respect (ignoring the other issues with our economy)

[scooterscot]

Printing more money is enough to increase the GDP figures.

You are talking of price inflation. But monetary mass inflation is almost +20000% in 5 years.

You compare any paper currency, the pound for example, against any precious metal, say sliver, over the last 100 years to see the real value.

Monitory inflation as you put, really the result of QE it is robbery from future generations. Treasonous offence as far as I'm concerned.

[petergriffin]

Growth occurs when your services and/or products see demand increase.

Printing more money is enough to increase the GDP figures.

Inflation results when others charge you more for your commodities.

You are talking of price inflation. But monetary mass inflation is almost +20000% in 5 years.

[AtW]

No-one is talking about ultra-high inflation you idiot.

Ideal level of inflation is 0%.

2-3% acceptable per year, much higher levels can hit investment pretty hard.

Your argument is the same as saying nobody should drink water because some people have drowned in it!

That's not my argument.

AtW, you are utterly and completely ignorant of basic economics, aren't you.

And you are this years Nobel Prize winner in economics?

[scooterscot]

What are you talking about?

Inflation is a natural consequence of growth. .

Sweet <insert religious character here> and all is merry disciples. Are you serious?

Growth occurs when your services and/or products see demand increase.

Inflation results when others charge you more for your commodities.

[Doggy Styles]

Unlike me you did not have the chance to live through inflation of 2000% per annum, pity that - you'd know how moronic your statement is then.

Inflation means they have to pay more money for same stuff, their salaries won't exactly inflate as quick, so its' not making debt magically go away.

Moronic?

No-one is talking about ultra-high inflation you idiot. Your argument is the same as saying nobody should drink water because some people have drowned in it!

AtW, you are utterly and completely ignorant of basic economics, aren't you. And selectively quoting from my post and leaving out the most significant bits is just crass. Get back to your campaign for a single world currency!