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Search found 9836 matches

by Nick
March 14th, 2018, 5:25 pm
Forum: Miscellaneous Discussions...
Topic: Positive Money videos
Replies: 25
Views: 4144

Re: Positive Money videos

Nick, as you know, it is a long time since I studied economics, but thanks for reminding me about MV=PT - such happy days! :laughter: I remember the logic stuff from PPE but not so much of the economics. Ah! So that's what accounts for it! :D Anyway, one query. QE is presented as something new, yet...
by Nick
March 14th, 2018, 3:22 pm
Forum: Miscellaneous Discussions...
Topic: Positive Money videos
Replies: 25
Views: 4144

Re: Positive Money videos

Thank you Nick. They claim that when someone borrows money from a bank that money is just created by typing numbers into the bank's computer. Is that true? If it's false, how can they make such claims? Because anyone can say anything on the internet! It's false. If all banks had to do is print mone...
by Nick
March 14th, 2018, 2:32 pm
Forum: Miscellaneous Discussions...
Topic: Positive Money videos
Replies: 25
Views: 4144

Re: Positive Money videos

A bit of economics to try to explain things in simple terms. MV = PT Where M is the supply of money, V is velocity, the speed at which it goes round the economy, P is the price level and T is the number of transactions. In a recession, we see M fall as loans are repaid and fewer loans taken out. Peo...
by Nick
March 14th, 2018, 9:43 am
Forum: Miscellaneous Discussions...
Topic: Positive Money videos
Replies: 25
Views: 4144

Re: Positive Money videos

What they haven't said, is that when you repay the money, then it is effectively destroyed. And there are limits within the system, or banks couldn't go bust, could they?

They have also got QE completely and dangerously wrong.
by Nick
March 14th, 2018, 1:59 am
Forum: Miscellaneous Discussions...
Topic: Positive Money videos
Replies: 25
Views: 4144

Re: Positive Money videos

Sadly not. They don't seem to understand the economy, and their ideas are extremely dangerous. Not to be trusted!
by Nick
March 13th, 2018, 7:45 pm
Forum: Miscellaneous Discussions...
Topic: In or out?
Replies: 3936
Views: 273627

Re: In or out?

Whereas, if we stay in, we'll have contributed what..... a trillion pounds, perhaps? And still have liabilities outstanding at the end of it.
by Nick
March 12th, 2018, 10:35 pm
Forum: Miscellaneous Discussions...
Topic: In or out?
Replies: 3936
Views: 273627

Re: In or out?

Alan H wrote:For fuck's sake, Nick. Grow up.
:yahbooh:
by Nick
March 12th, 2018, 8:26 pm
Forum: Miscellaneous Discussions...
Topic: In or out?
Replies: 3936
Views: 273627

Re: In or out?

Meh. So says a journalist. (Who writes for the Grauniad, too). Who knows with Trump? He's talking to Rocket Man, isn't he? almost everything is being said by some journalist or other, in the absence of negotiated deals on Brexit. If it's not journalists then it's politicians, who are even less reli...
by Nick
March 12th, 2018, 8:18 pm
Forum: Miscellaneous Discussions...
Topic: In or out?
Replies: 3936
Views: 273627

Re: In or out?

how about commenting, Nick and coffee? Meh. So says a journalist. (Who writes for the Grauniad, too). Who knows with Trump? He's talking to Rocket Man, isn't he? almost everything is being said by some journalist or other, in the absence of negotiated deals on Brexit. If it's not journalists then i...
by Nick
March 12th, 2018, 3:01 pm
Forum: Miscellaneous Discussions...
Topic: In or out?
Replies: 3936
Views: 273627

Re: In or out?

animist wrote:how about commenting, Nick and coffee?
Meh. So says a journalist. (Who writes for the Grauniad, too). Who knows with Trump? He's talking to Rocket Man, isn't he?
by Nick
March 9th, 2018, 1:53 pm
Forum: Miscellaneous Discussions...
Topic: In or out?
Replies: 3936
Views: 273627

Re: In or out?

...or could equally be the direct result of the perceived risk that the EU would throw all their toys out of the pram. silly again, Nick - do not project your own judgments onto others who have absolutely nothing to do with you. Hang on a minute!! I'm hoping you've misread my post. I'm just analysi...
by Nick
March 9th, 2018, 1:07 pm
Forum: Miscellaneous Discussions...
Topic: In or out?
Replies: 3936
Views: 273627

Re: In or out?

Not overly exercised by continuous cut and paste. All sorts of stuff gets published, and me commenting on a forum that no-one much bothers with is not a good use of my time. But since you asked, a number of points arise. First, should we as a nation rely on other nations training their students to p...
by Nick
March 8th, 2018, 1:26 pm
Forum: Miscellaneous Discussions...
Topic: Brexit News For Brexiteers, please see the link
Replies: 1653
Views: 146484

Re: Brexit News For Brexiteers, please see the link

yes, and surely it is for the group, ie the individuals which compose it, to push their own issues, Nick; and this is only a forum, not a practical group which requires "cohesion". Individuals can do what they want. And as it is Alan's board, Alan can certainly do what he wants. I just find it sad ...
by Nick
March 7th, 2018, 2:13 pm
Forum: Miscellaneous Discussions...
Topic: Brexit News For Brexiteers, please see the link
Replies: 1653
Views: 146484

Re: Brexit News For Brexiteers, please see the link

Lots of sense from Danny Finkelstein march 6 2018, 5:00pm, the times Brussels should start listening to voters daniel finkelstein With populism on the rise across Europe, it’s high time that EU leaders realised their arrogance isn’t working In the last days before the European referendum I appeared ...
by Nick
March 7th, 2018, 1:32 am
Forum: Miscellaneous Discussions...
Topic: In or out?
Replies: 3936
Views: 273627

Re: In or out?

I'd suggest to you that more powerful incentives and explanations for the change in migration are the fall in the value of sterling, the increasing costs of housing and the long awaited beginnings of economic recovery in rEU, all of which alter the incentives to live and work in the UK. After all, ...
by Nick
March 6th, 2018, 10:11 pm
Forum: Miscellaneous Discussions...
Topic: Brexit News For Brexiteers, please see the link
Replies: 1653
Views: 146484

Re: Brexit News For Brexiteers, please see the link

Alan H wrote:Nick. Italy isn't all of Europe.
No, but it is the 3rd biggest economy in the Eurozone. Which, together with other signs (such as Macron's refusal to put Frexit to a referendum for fear of losing) makes it rather important. Italian politics is in a mess.
by Nick
March 6th, 2018, 10:05 pm
Forum: Miscellaneous Discussions...
Topic: Brexit News For Brexiteers, please see the link
Replies: 1653
Views: 146484

Re: Brexit News For Brexiteers, please see the link

What you should be worried about is whether humanism itself is less popular than it was - most of us here are quite old AFAIK. Do you think it is less so? Is the next generation becoming more religious, do you think? (That's a proper subject for the forum). last point agreed. Maybe not more religio...
by Nick
March 6th, 2018, 9:06 pm
Forum: Miscellaneous Discussions...
Topic: Brexit News For Brexiteers, please see the link
Replies: 1653
Views: 146484

Re: Brexit News For Brexiteers, please see the link

THE SUN SAYS Brussels must answer to growing anti-EU rage across Europe — and not by destroying Brexit With the majority of Italy backing Eurosceptic parties in their election, it's time for the EU to understand that decades of democracy interfering and open borders has been a disaster for Europe B...
by Nick
March 5th, 2018, 12:36 pm
Forum: Miscellaneous Discussions...
Topic: In or out?
Replies: 3936
Views: 273627

Re: In or out?

I am not sure what point you are making You seemed to be saying that the decline in immigration was because of "uncertainty". I was merely pointing out, that for some peoples, the "certainty" that they are remaining in the EU does not cause them not to leave their country of birth. So there is rath...
by Nick
March 4th, 2018, 3:31 pm
Forum: Miscellaneous Discussions...
Topic: Brexit News For Brexiteers, please see the link
Replies: 1653
Views: 146484

Re: Brexit News For Brexiteers, please see the link

When you say "participation", are you referring to the specific issue of Brexit? No, rather the opposite. Brexit (and kicking the Tories) seems to be just about the only game in town, these days.... The commonality we shared was our humanist outlook, which allowed commoon cause amongst a wide varie...