tag:blogger.com,1999:blog-32841798.post4572059581730671428..comments2024-03-18T16:33:31.633+00:00Comments on Capitalists@Work: lnflation doubles in a month and jobs impact this may haveCityUnslickerhttp://www.blogger.com/profile/15929544047783163175noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-32841798.post-57300731133807841302021-05-21T23:09:01.360+01:002021-05-21T23:09:01.360+01:00In answer to the original post
LONDON was the ma...In answer to the original post <br /><br />LONDON was the magic. The history, the shows, the pubs, the shops...<br /><br />Now it may as well be Frankfurt or anywhere...<br /><br />Lockdown comes at a price. WFH comes at a price. <br /><br />Last year my wife and I saw - on remote walks where we'd never usually see a soul - all those idiots out with their picnic baskets, straw hats and Catherine Kitson print dresses waving like prats as if to say "We're British ! This is how we do a pandemic !!!"<br /><br />It was like when a couple in a 4x4 turns up at Lidl as if they're trailblazers on a safari. <br /><br />Did they really think this was a holiday ?E-Khttps://www.blogger.com/profile/16657071992016670517noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-25772297150743055062021-05-21T23:00:28.945+01:002021-05-21T23:00:28.945+01:00Inflation ?
Too much money chasing too few goods
...Inflation ?<br /><br />Too much money chasing too few goods<br /><br />or<br /><br />Getting poorer (depending on how much your currency has been debased)<br /><br />or<br /><br />The Great Reckoning (some might say The Great Reset)<br /><br />We have just become China's bitch. E-Khttps://www.blogger.com/profile/16657071992016670517noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-27314682716771952021-05-21T22:56:18.075+01:002021-05-21T22:56:18.075+01:00Inflation ?
Too much money chasing too few goods
...Inflation ?<br /><br />Too much money chasing too few goods<br /><br />or <br /><br />Getting poorer (depending on how much your currency has been debased)<br /><br />Our reaction to CV-19 is killing more people that the disease itself and even now (when there were only three deaths per day) they wouldn't tell us if those deaths were *with* or *of* CV-19.<br /><br />They are satisfied to tell us that it was 'within 28 days of being tested positive for CV-19'<br /><br />What is scientific about that ? They only had three people for the coroner to assess. And what standard is the nappy on your face made to ???E-Khttps://www.blogger.com/profile/16657071992016670517noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-44488806104737037792021-05-20T15:06:49.245+01:002021-05-20T15:06:49.245+01:00Before the Great Reform Act (1832) women Heads of ...Before the Great Reform Act (1832) women Heads of Households had the vote in some constituencies.<br /><br />In some constituencies all men (i.e. over 21) could vote. In others the voting qualification was low - it was enough to be a tenant in a property that had a fire you could heat a pot on.<br /><br />People's idea of our history is pretty odd - it bears the hallmarks of decades of left wing indoctrination. The great thing was that there was little imposed uniformity.<br /><br />The purpose of the Act was precisely to impose uniformity while also making a start at reforming nonsenses such as rotten boroughs and cities without MPs.deariemenoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-2804489193283325412021-05-20T12:37:00.121+01:002021-05-20T12:37:00.121+01:00100 years ago, living off the state teat wasn'...100 years ago, living off the state teat wasn't a viable career path. Things change and having too many people vote for less austerity (in reality, just no increases) isn't sustainable.Matthttps://www.blogger.com/profile/08141297358269863170noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-18354936437070991612021-05-20T11:05:50.712+01:002021-05-20T11:05:50.712+01:00Unknown said...
Until relatively recently, it was ...Unknown said...<br />Until relatively recently, it was indeed the case that only those who paid taxes (basically, men with property) ad a vote.<br /><br />Don Cox<br /><br />9:59 am<br />===============================<br /><br />Um. Full suffrage we have had for 100 years. Voting, not much longer. Just saying!<br />Elby the Beserkhttps://www.blogger.com/profile/15060519682739666145noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-50060025443974300082021-05-20T11:04:48.895+01:002021-05-20T11:04:48.895+01:00dearieme said...
We received a letter yesterday fr...dearieme said...<br />We received a letter yesterday from a firm of estate agents. Lots of London refugees, they assured us, would love to buy a house such as ours. Would we care to get in touch to proceed matters?<br /><br />My wife's reply was "over my dead body". Which she meant too.<br /><br />3:23 pm<br />==========================================================================<br />Down From Londons we call them here. Not particularly welcome. Contribute nothing, and often leave homes empty for months. Just had one buy a twee thatched cottage down the road. And another house in the village. And rented one for the gardener. And his Chelsea Truck Co. 4x4, shining bright and not a drop of Somerset mud on it. Garden is immaculate, but planted to need next to no maintenance. A complete item as it were. <br /><br />We don't want them.<br /><br />Mind. 3 or 4 years back, Lils and I and an old mate had a cider weekend in a village in Dorset with a famed Cider House in Worth Matravers. There's an estate on the edge of the original village which we were told is COMPLETELY un used during the winter. Nice village, but felt soulless. Cracking pub tho', no bar, you buy from a hatch, and the food is veg or meat pasty. Sorted :-)<br /><br />https://www.facebook.com/squareandcompasspub/<br /><br /><br />Elby the Beserkhttps://www.blogger.com/profile/15060519682739666145noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-43354634910956652622021-05-20T09:59:47.528+01:002021-05-20T09:59:47.528+01:00Until relatively recently, it was indeed the case ...Until relatively recently, it was indeed the case that only those who paid taxes (basically, men with property) ad a vote.<br /><br />Don Cox Don Coxhttps://www.blogger.com/profile/06339420519741253080noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-71661564789722839102021-05-20T09:59:18.132+01:002021-05-20T09:59:18.132+01:00Isn't voting just a psychological trick to foo...Isn't voting just a psychological trick to fool us into thinking we have some leverage over the forces that control us?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-44627155046658459042021-05-19T21:12:29.373+01:002021-05-19T21:12:29.373+01:00@ Unknown
If only paying taxes was to justify hav...@ Unknown<br /><br />If only paying taxes was to justify having a vote (for the people not parliament). No representation without taxation would remove a whole raft of people voting to get more for themselves from others.Matthttps://www.blogger.com/profile/08141297358269863170noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-11839525591288294492021-05-19T19:06:08.544+01:002021-05-19T19:06:08.544+01:00I think the main reason we pay taxes is to justify...I think the main reason we pay taxes is to justify having a vote. In principle, Parliament can vote against any government spending.<br /><br />Don CoxDon Coxhttps://www.blogger.com/profile/06339420519741253080noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-3484340785888787172021-05-19T17:46:16.263+01:002021-05-19T17:46:16.263+01:00Jan - other measures of inflation are available th...Jan - other measures of inflation are available that include house prices. there are interesting leave them out, not all entirely plausible.CityUnslickerhttps://www.blogger.com/profile/15929544047783163175noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-81282807754730322102021-05-19T16:27:40.276+01:002021-05-19T16:27:40.276+01:00Shades of 2008.
... a recent conversation revolve...Shades of 2008.<br /><br />... a recent conversation revolved around the idea that we need not be taxed. We should keep all we earn. The government, to pay for the services they commission on our behalf, will simply "print" the money they need electronically.<br /><br />After all, that's what they are all doing now.<br /><br />Being a millionaire will lose some of its lustre when we're all millionaires<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-46584975095123913832021-05-19T15:23:41.757+01:002021-05-19T15:23:41.757+01:00We received a letter yesterday from a firm of esta...We received a letter yesterday from a firm of estate agents. Lots of London refugees, they assured us, would love to buy a house such as ours. Would we care to get in touch to proceed matters?<br /><br />My wife's reply was "over my dead body". Which she meant too.deariemenoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-7753864483073905382021-05-19T15:16:27.192+01:002021-05-19T15:16:27.192+01:00Putting my financial engineering hat on**, flexibi...Putting my financial engineering hat on**, flexibility = optionality, and <i><b>there's no such thing as a free option</b></i><br /><br />well, of course, that needs qualifying immediately. Sometimes, free options are indeed available (or badly mis-priced options) because the sucker selling the option doesn't realise what it's worth. (Hoovering up underpriced options was a speciality at Enron: I may even have done some of that myself.) Ideally (because in the long run that's not healthy) you can happily exploit valuation differentials that are natural enough and not necessarily a sign of pure stupidity<br /><br />having said all that, I haven't thought through its application to CU's matter-in-hand ...<br />__________<br />**One of my favourites: I made a lot of my dough wearing itNick Drewhttps://www.blogger.com/profile/13670594203660051701noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-38732099690920933372021-05-19T12:57:31.406+01:002021-05-19T12:57:31.406+01:00Shaun Richards has written about inflation today i...Shaun Richards has written about inflation today in his blog:<br /><br />https://notayesmanseconomics.wordpress.com/<br /><br />The true rate is a lot higher than we are lead to believe because CPI does not reflect housing costsJannoreply@blogger.com