tag:blogger.com,1999:blog-32841798.post3885124016239054288..comments2024-03-28T22:45:51.014+00:00Comments on Capitalists@Work: NS&I Axes Index-Linked Bonds: What Next ?CityUnslickerhttp://www.blogger.com/profile/15929544047783163175noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-32841798.post-12004041211411811332010-07-22T00:01:56.706+01:002010-07-22T00:01:56.706+01:00Is this decision partly to do with the competition...Is this decision partly to do with the competition rules which say that NS&I is not allowed to increase its market share because of the implicit government subsidy?Old BEhttps://www.blogger.com/profile/06974090439936326476noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-58283057240584509632010-07-21T00:04:18.656+01:002010-07-21T00:04:18.656+01:00Jonathan said: "Should we free marketers even...Jonathan said: "Should we free marketers even be supporting NS&I?"<br /><br />Do you really think we have a free market? The government controls 50% of GDP and makes the rules for the rest. What we want and what we get are not the same.<br /><br />As for a "market", it is just the collective term for what people decide to do with their money.Budgienoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-19689311724193212002010-07-20T19:54:13.979+01:002010-07-20T19:54:13.979+01:00That inflation was expected was signalled by the B...That inflation was expected was signalled by the BoE pension trustees going heavily into index linked gilts. Looks like the Condems are going for soft default strategy and aren't too concerned about pauperising a few 'grannies' in the process. Hang out, that's just like them evil Socialists!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-30571353924665856802010-07-20T17:32:55.800+01:002010-07-20T17:32:55.800+01:00Where will all the money go? The only safe invest...Where will all the money go? The only safe investment is the Euromillions lottery.Demetriushttps://www.blogger.com/profile/17198549581667363991noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-74424422255887721202010-07-20T12:29:53.440+01:002010-07-20T12:29:53.440+01:00Sorry Jonathan, typo.Sorry Jonathan, typo.Sackersonhttps://www.blogger.com/profile/09410040031410954403noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-1134971351437990782010-07-20T12:29:04.226+01:002010-07-20T12:29:04.226+01:00Jinathan - yes. If the government interferes with ...Jinathan - yes. If the government interferes with the money supply iteslf and permits it to be corrupted by banks etc, then it must accept the concomitant obligation to protect those who didn't ask to be pushed into the crooked game.Sackersonhttps://www.blogger.com/profile/09410040031410954403noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-69280695478909657702010-07-20T12:26:53.259+01:002010-07-20T12:26:53.259+01:00Nick - I don't usually read the Gnadriau. But ...Nick - I don't usually read the Gnadriau. But I fear that cautious investors will be tempted into the market just in time for the experts to skin them.Sackersonhttps://www.blogger.com/profile/09410040031410954403noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-27287217625951751152010-07-20T11:55:04.973+01:002010-07-20T11:55:04.973+01:00Should we free marketers even be supporting NS&...Should we free marketers even be supporting NS&I?Jonathannoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-17879932253144132412010-07-20T10:41:51.195+01:002010-07-20T10:41:51.195+01:00Damn! I missed the boat on that one.
I assume it ...Damn! I missed the boat on that one.<br /><br />I assume it means the government expects inflation to rise sharply, and they're determined not to have to compensate anyone for this; no surprises there.<br /><br />If fixed-interest mortgages start to vanish from the market, that will mean the banks expect the same.<br /><br />Take to the hills.Weekend Yachtsmanhttps://www.blogger.com/profile/04262853091154005651noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-22766296259035843592010-07-20T10:16:30.292+01:002010-07-20T10:16:30.292+01:00I was actually in the Post Office yesterday mornin...I was actually in the Post Office yesterday morning to buy them when the clerk said no.<br /><br />This product wasn't even seriously advertised. Typical NSI dull boring leaflet with no figures or % rates on the front. Even the examples inside were based on 2008 mid credit crunch low inflation figures.<br />Its a surprise that anyone looked at it at all.Bill Quango MPhttps://www.blogger.com/profile/14861116614665461655noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-67895405887519179752010-07-20T09:14:28.472+01:002010-07-20T09:14:28.472+01:00flushing the game out in the direction of the guns...<i>flushing the game out in the direction of the guns</i><br /><br />scary, Sackers - is Osborne the Victorian villain of Martin Rowson's <a href="http://www.guardian.co.uk/commentisfree/cartoon/2010/jun/26/simon-cuts-warning-pensioner-allowances" rel="nofollow">cartoons ?</a>Nick Drewhttps://www.blogger.com/profile/13670594203660051701noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-32061198727610635572010-07-20T09:01:50.449+01:002010-07-20T09:01:50.449+01:00"...is the government conspiring to push priv..."...is the government conspiring to push private money into reviving the private sector?"<br /><br />Nick, I see it more as flushing the game out in the direction of the guns. It's outrageous - the product was introduced when inflation was at full roar and they didn't suspend it then. I reported this at 8 am yesterday and I've emailed all the clients I can to protest.Sackersonhttps://www.blogger.com/profile/09410040031410954403noreply@blogger.com