Wrong.
Printing more money makes inflation higher and makes your money worth less.
Dunso this is as basic as it gets
UK inflation 80% caused by brexit
- Thread starter Notch7
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Printing more money makes inflation higher and makes your money worth less.
Dunso this is as basic as it gets
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Wrong.
Printing more money makes inflation higher and makes your money worth less.
Dunso this is as basic as it gets
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No I'm not, back to school for you. Did you understand the paper I posted?
The reality is that Brexit was the correct policy as the so-called "EU" is a fundamentally evil empire. (Not withstanding the fundamental evils of the British empire.)
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I didn't start the thread. Anyway, Notch has form for lying as you will no doubt be aware under one of your previous user names.
Do you understand that printing more money does not make a country richer ?
It's no secret the UK only joined after the pm was blackmailed about some bad things he had done
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So what?
Exactly.
Now hush your dunce thumbs
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That's better, you're getting it now.
So what
D
Deleted member 18243
Printing money is inflation.
QE is smoke and mirrors; it doesn't create any wealth, it simply divides and redistributes existing wealth. As for boosting the economy, it does, but only for the people who receive the new money first, because they can buy goods and services at current prices. In the longer term as the new money circulates prices have to go up because no new goods have been created - the extra money is chasing the same amount of goods. This is what we are seeing now, sellers putting their prices up. The people who receive the new money first are the parasite banking class, and the whole exercise enriches them further at the expense of everyone else. It is sneaky form of communism.
New money could be used to create wealth, for instance by paying people to do productive work, but the covid money did the opposite, it paid people to do nothing.
And Rishi is at it again, giving everyone £400 of funny money. This is his way of giving the new money first to the less well-off, but it's too late.
In the longer term as the new money circulates prices have to go up because no new goods have been created - the extra money is chasing the same amount of goods.
This is called INFLATION
Funnily enough, the EU protects citizens against leaders and governments with evil intent.
A good example is Poland and Hungary: 2 countries with hard right populist governments busy destroying democracy, the EU is restricting their ability to do that.
Sadly the UK has no constraints now and it’s Brexit destination is one of evil intent.
The Tufton street network is at the heart of brexit: it’s full of climate change deniers, billionaires, disaster capitalists, hedge fund managers, USA right wing libertarian groups, fossil fuel interests, private healthcare…..
Mapped: Boris Johnson's Cabinet and the Tufton Street Lobbying Network
Boris Johnson has retained a core of ministers linked to a lobbying network pushing to weaken the UK’s environmental regulations in his first cabinet reshuffle since the general election. But the day also saw a number of high-profile sackings, potentially weakening the network’s influence in...
www.desmog.com
You are strange Andy, QE is what capitalists do.
You claim to hate left wing policies, but you spend your time on here complaining about capitalism.
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