Hilly
Member
- Location
- Scottish Borders.
If I was in betting shop pls e a bet on that I’d keep my money and go to the pub instead !
tough one who knows .
Demand
- Thread starter Hilly
- Start date
tough one who knows .
unlikely IMO
- Location
- Near Colchester
I am not putting money on it but am glad that I haven't too much borrowed
i would borrow as much as is possible right now to buy physical assets
inflation is higher than interest rates = free money !
Hilly
Member
- Location
- Scottish Borders.
In theory aye but reality ? Still going to cost you ? I’m think of a new shed would you ? Or wait ?
its worked that way in reality for many years, its how our government deals with its own debt......... makes it less significant with inflation / print more ££££ !
building a shed / extra yard at the moment
Cab-over Pete
Member
- Location
- Kenilworth, Warwickshire
I’ve heard before that “they’re printing more money”
But how does it suddenly get circulated? It can’t all be given in the form of covid grant schemes or other forms of subsidy, can it?
I don’t think anybody is likely to receive a call from Boris saying “we’re printing money, would you like some?” So who gets it first so that it filters down?
As you’ve most likely gathered, I’m not the best economist!!
in 2008 they gave it the banks
put simply this time the governments are spending it so it filters down from there
the scale is massive
1/5 of all dolars were printed in the last year !
www.google.co.uk
1/5 of all dolars were printed in the last year !
AMP and Axa offer £8.2bn in a second bid for Axa’s Asian unit - CityAM
AUSTRALIAN wealth manager AMP launched a fresh £8.15bn bid for Axa Asia Pacific Holdings yesterday in a joint deal with French parent Axa, a year after its original approach. The move comes after rival bidder National Australia Bank pulled out of a deal to buy Axa’a Asian unit after the...
www.google.co.uk
Cab-over Pete
Member
- Location
- Kenilworth, Warwickshire
So how do they know when to stop? I presume there comes a point when printing too much will devalue it. I seem to remember stories of wartime Germany citizens pushing wheelbarrows full of cash around just to get a loaf of bread.
And why don’t unscrupulous dictators and over ambitious military/terrorist “governments” around the world just quietly print off money to meet their ambitions?
And why don’t unscrupulous dictators and over ambitious military/terrorist “governments” around the world just quietly print off money to meet their ambitions?
Don't be fooled the FTSE has lost an enormous amount of ground against the DAX, CAC 40 & most stock markets, most companies will post large losses for this year so will carry those losses forward to offset profits next year UK PLC is in real trouble with a muppet in charge!
Also demand only has to go a small percentage to result in long lead times as no one keeps large stocks and supply is just in time. Even the skip company only let me have one for two weeks.
knowing when to stop ......... that’s the question our chancellor and the BOE would love to know the answers to ! it’s very fine balance to get right
there have historically been cases of overdoing it and run away inflation in banana republics ........ it can indeed all go horribly wrong !
If we are talking about this, then market punters will know this too - why isn't this reflected in the FTSE index. You are right - the pain of 2020 is yet to be posted in year end results but interim profit levels have been reported. Once furlough ends there will be a lot more unemployed, but again, why isn't this priced in already?
I think part of the reason is many FTSE companies have earned foreign currency & have benefited from the fall in the value of the pound, that advantage is slowly disappearing, the FTSE is at the same level as this time in 2019 but a long way back from this time ( pre covid) last year, where as EU exchanges are back or well ahead of this time last year
farmerm
Member
- Location
- Shropshire
How is it possible to create 20% more money from thin air without significantly devaluing the currency?the scale is massive
1/5 of all dolars were printed in the last year !
AMP and Axa offer £8.2bn in a second bid for Axa’s Asian unit - CityAM
AUSTRALIAN wealth manager AMP launched a fresh £8.15bn bid for Axa Asia Pacific Holdings yesterday in a joint deal with French parent Axa, a year after its original approach. The move comes after rival bidder National Australia Bank pulled out of a deal to buy Axa’a Asian unit after the...
- Location
- Montgomeryshire
If every country is doing the same, what does it get devalued against?
It's a race to the bottom. Devaluing your currency makes exports more attractive but creates inflation because we have so many imports from a big trade deficit. Correct me if I'm wrong, but a trade deficit is wealth leaving the country...
