If i knew what that meant i could argue or not
If you do read it please be aware that you will be banned from posting anything about economic theory on AA threads.
The rest of us are aware that our opinions are all based on something someone told us about Mars bars in the third form and we actually know sweet FA about the subject.
One show off on the forum is quite enough thankyouverymuch
on one of the first pages:
āMoreover, good economics retains an element of artā
so itās whatever you want it to be !
That makes sense, probably why all those politicians take PPE degrees so they can make it up as they go along!
Or give out vastly over valued PPE contracts
Tax all citizens no matter where they live or where they stash their cash. If they donāt like it they can ditch their citizenship.
That just results in the property being shoved into an overseas company; then we canāt even collect Council Tax!
I think that Cherie Blair bought a company that was in an overseas company, which meant that the vendor didnāt have any tax to pay on the gain. Credit to her, she unwound the company (and presumably paid the tax on the gain) before it got leaked.
Thatās a better idea, and common in a lot of developed nations. The while non dom thing is a massive tax dodge.
Tax the shit out of that too, lock the cunts up if they donāt pay and sell the property to cover the tax. Only needs a change of law.
Ugh flashbacks to the horror of A level economics, please donāt mention that again
Please note the level I pitched my suggested reading at. I havenāt mentioned the Phillips Curve once
i see sports bras are in and donuts are out
Interesting that this was written before todayās (admittedly well-signalled) interest rate rise.
āIt could never happen here!ā
It already is. And our own dear govt - āthe party of fiscal prudencyā - want it to. Vulture capitalism at its bestā¦
ā¦aaaand in related news, the BoE is predicting inflation will peak at 13% in October.
To help that sink-in, hereās a chart of historic inflation rates back to 1970ā¦
The only other times weāve hit comparable levels was during the 1st and 2nd World Wars.
Sam, whose job it is to understand and predict how this affects the food industry says the BoE is optimistic about any fall, and is currently planning for a peak of 16.9% in Q1 2023ā¦
Said BoE will waggle pointlessly with the interest rate hike stick seemingly oblivious to the fact that itās unconnected and ineffective in dealing with the real cause of prices rising, whilst those most vulnerable to changes and mortgage cost increases (who arenāt out there getting pay rises and spending freely) are going to be subjected to greater hardship.
Can you ask Sam what the prediction is for Q3 2023, happens to be the date my pension locks onto Inflation rate.
She says āBuy gold, land, guns, and long-life foodā¦ā.
Or maybe nick a submarine to live in?
Excellent, be going part time next July just to lock the pension in. Unintended consequence of shit pay rise and high inflationš
Stocked up wine, port and whiskey , food Bank for the rest.
Wondering whether Guyās VC watch would be a good investment! I donāt wear watches or have a particular interest but it might do better than money!
You have to get lucky with watches. I bought a steel Rolex Submariner 5 or 6 years ago for Ā£5k. I wore it lots, added some scratches and traded it recently for Ā£9k. Just luck. When I bought it you could easily get a new one for RRP with no waiting - jewellers had them in stock.