Considering we've been using a fiat currency for the last 90 years, that you couldn't exchange the money in your pocket for gold even if you wanted to, i do wonder what use you think all that gold was, other than it sitting there collecting dust and costing thousands to store.
2022 mini-budget discussion
- Thread starter Harlequin
- Start date
- Status
You should've researched a bit more about that subject before voting for it then. Because the only economist who supported Brexit, in fact the one most Eurosceptics hinged their entire economic argument for leaving on, was one Patrick Minford, the same Patrick Minford who Truss has based her reheated, failed, trickle down economic model on that's got the market so spooked so it has everything to do with Brexit or at least the economic model that was used to con so many people.
He's been banging the same drum since before Brexit and he's still banging it now only now he's got Truss willingly dancing it.
Last edited:
There's a few on here that you feel, if they're not monetizing their caricatures, must have some weird stuff going on on their head to spend their time deliberately being this obnoxious character.
Really? Nearly 20bn of gold sold for 3.5bn?
Meh cba
Last edited:
No one thinks Labour (or anyone) would stop the recession that's coming, just like they couldn't stop the financial crash of 2008 - not that that stops the regressive right blaming them for it ever since. What would be different with Labour (or anyone) is their response to the problem. That's what the people in charge get judged on. You seemed to be programmed to not look up, but *looks up* they dun gone and ****** up bigly.
Well the gold standard probably wouldn't have let them do this;
Money now grows on trees.
Did you actually read what you quoted? Because you've seemingly failed to even approach what could be considered answering what was asked. Maybe you should read it again only this time a bit slower.
ROFL, so basically you don't have an answer.
Last edited:
Do you understand the value of things?
And not doing that would've done what exactly?Well the gold standard probably wouldn't have let them do this;
Money now grows on trees.
Also yes, money does "grow on trees", it has done for the last 90 years. Maybe you should look into what a fiat currency is.
Yes.
Last edited:
Soldato
- Joined
- 6 Jan 2013
- Posts
- 22,366
- Location
- Rollergirl
Chris Philp on Peston here...
I don't care, you said gold just collects dust, thus you must believe in browns bottom, explains everything.
Permabanned
- Joined
- 23 Apr 2014
- Posts
- 23,552
- Location
- Hertfordshire
Tory government screws up, for the umpteenth time in 12 years, cronies still wanging about gold.
Everyone happy now Boris has been punished for his little party and a slice of cake...?
Exceedingly good.
But only if you lap up what the bbc and guardian say you would think thatTory government screws up, for the umpteenth time in 12 years, cronies still wanging about gold.
Clearly not as if you did you'd understand why having a fiat currency for 90 years meant all that gold was pointless, that the only value it had was what it was worth to someone else.
Permabanned
- Joined
- 23 Apr 2014
- Posts
- 23,552
- Location
- Hertfordshire
But only if you lap up what the bbc and guardian say you would think that
Makes no sense. Have another go.
- Status