[Closed] Reccession problem solved

IMO that's excactly what should happen but the banks won't let it happen.

that's what they did in 2008, just printed more money then lent it to the Greeks Spaniards and Italians

That's different to taking the economy back though isn't it? that's the equivalent of fueling the fire.

that's what they did in 2008, just printed more money then lent it to the Greeks [s]Spaniards and Italians[/s] and Irish

I thought the UK also printed loads of money and lent it to itself. The main trick seems to be to call it something complicated and important sounding so no-one notices.

I thought the UK also printed loads of money and lent it to itself. The main trick seems to be to call it something complicated and important sounding so no-one notices.

'Quantative easing' or 'monetary expansion'

IMO that's excactly what should happen but the banks won't let it happen.

*snorts*

Of course it'll happen again. The problem is that Europe and the US overvalued our assets and borrowed against collateral we don't have. The banks memory for this type of thing is very short, always has been. Every eleven years or so we've had an economic blip, the years from 1992 to 2008 where an anomaly in that the period of growth was so protracted.

Quantative Easing = devaluing currency and borrowing against our future.

We're all in debt to our future selves to the tune of about £5k.

the problem, is the existence of the "economy"
it is ENTIRELY unnecessary and is there purely for people to try and make themselves richer than everyone else.

Money is like Energy. You can never destroy, or create it. the value of money never changes, only the numbers used to describe it.

Par Example:

Hypothetically (im not big into livestock)

Lets say a Donkey, in the 1900s, is worth 2 Pigs.
in 2011, the Donkey, is still worth 2 Pigs* Just the money used to describe the items, when the vendor of the donkey, doesnt have immediate use for 2 pigs, is what varies.

Those tossers in "the city" take the numbers, shuffle them around, and make them bigger without actually providing an additional pig.
this dilutes the money, increasing the numbers used to describe the Pigs.

the PROBLEM arises when it is beneficial for them to use said currency to buy the set amount of pigs, but they don't tell the Vendor of the pigs that they have diluted the currency.

the "tossers" are then, if reviewing the situation in the purest form, are in debt to the Pig vendors. A debt that is never paid, as the money doesn't really exist (remember, they made it up in paragraph 2)

This is where some clever dick says "well where do you think the interest on your bank account comes from?"

all the interest is doing is diluting the value of the money, so tbh, you can keep it.

*give or take the current demand for pigs/donkeys

I think it'd work, it's not [i]Real[/i] money anyway just numbers on a screen
On the telly last night they said [i]Blah many billions wiped out during the day[/i]
Where have they gone?
Who's got them now?
Did these [i]Billions[/i] even exist outside the economic ether?
Worlds biggest con trick IMO just reset to zero...
EDIT or what him up there said ^

Point was, the banks wont move because they are all in league with each other (those city types).

they were looking to make themselves a sovereign state at one point (London) as they provide "so much" to the "economy"

I say that's fine, put up a big fence, stop all "trade", and they can roll around in their money till the food runs out. Then we will see which sectors actually provide useful input into the running of the country.

reseting the system to zero wont do jack shit. its wiping off numbers that don't really exist anyway.

Robert Newman tells it like it is:

Him and Mark Thomas know what's going on!

If I didn't watch the news, I wouldn't know there was a recession on. Business is booming.

Therefore Im going to stop watching the news. Recession over.

Seems to me the markets drop. Someone comes up with a plan to make it right.
Governments say they will enact plans, markets go up. The governments enact plan, markets go down.
Bankers seem like spoilt kids always wanting attention. Screaming for chocolate they eat it then start screaming for more.

khani would like to know where the money has gone. Hedge fund managers.
Biggest bunch of thieving b*st*rds on the face of the Earth. Nuff said.