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Re: Are you THINKING about what you are writing ?
Posted by 'WillDendy87' on 31 Jan 2009 @ 11:43

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WillDendy87Joined: April 2004
Total Posts: 1
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ITPRO myself, Davy and you seem to be saying the exact same thing.

But the crucial difference, the fact that in a free market interest rates would set themselfs, rather than the artificial interest rates we have now from the government and the Bank of England (more example of interference that hasn't worked long term)

The interest rates were artifically lowered in 2000 to head off a recession we should have had after the .com stocks bubble burst. It worked, and the inflation caused by lower interest rates headed straight into housing, making everyone feel wealthy and they thought they could secure loans against their home because they were rising in price so fast (but only because of inflation.)

If the free market was allowed to run its course, and the monetry system wasn't so flawed, the greedy bankers would have run out of money and the interest rates would have been raised to encourage savers back into the system.

Now what we have is UNLIMITED money and saving was discouraged by these artificially low rates to keep the consumer spending driven GDP figures high, but long term we didn't increase the overall wealth of either our country or the earth, we damaged it.

We are both saying the same thing!!

Message Thread:

Ł20 internet connection TAX planned by 'Gillard77' (30 Jan 2009 @ 10:23)

Re: Ł20 internet connection TAX planned by 'Oli' (30 Jan 2009 @ 10:38)

Re: Ł20 internet connection TAX planned by 'dynamax' (30 Jan 2009 @ 10:49)

Re: Ł20 internet connection TAX planned by 'Cadet49Dad' (30 Jan 2009 @ 12:48)

Re: Ł20 internet connection TAX planned by 'kai' (30 Jan 2009 @ 13:23)

Re: Ł20 internet connection TAX planned by 'itpro' (30 Jan 2009 @ 14:19)

Re: Ł20 internet connection TAX planned by 'davidmc' (30 Jan 2009 @ 14:58)

Re: Ł20 internet connection TAX planned by 'itpro' (30 Jan 2009 @ 15:38)

Cut the tax spend on... by 'DavyBoy' (30 Jan 2009 @ 16:03)

Re: Cut the tax spend on... by 'DevonHawker' (30 Jan 2009 @ 17:56)

Re: Cut the tax spend on... by 'DavyBoy' (30 Jan 2009 @ 18:24)

Re: Cut the tax spend on... by 'DevonHawker' (30 Jan 2009 @ 19:59)

Re: Cut the tax spend on... by 'WillDendy87' (30 Jan 2009 @ 20:52)

We should encourage the rich to get richer by 'DavyBoy' (30 Jan 2009 @ 21:52)

Re: We should encourage the rich to get richer by 'DevonHawker' (30 Jan 2009 @ 22:21)

Re: We should encourage the rich to get richer by 'WillDendy87' (30 Jan 2009 @ 22:49)

Re: We should encourage the rich to get richer by 'DevonHawker' (30 Jan 2009 @ 23:28)

Re: We should encourage the rich to get richer by 'WillDendy87' (30 Jan 2009 @ 23:44)

Are you THINKING about what you are writing? by 'itpro' (31 Jan 2009 @ 1:27)

Re: Are you THINKING about what you are writing? by 'WillDendy87' (31 Jan 2009 @ 10:33)

Re: Are you THINKING about what you are writing? by 'DevonHawker' (31 Jan 2009 @ 12:13)

Re: Are you THINKING about what you are writing? by 'WillDendy87' (31 Jan 2009 @ 12:17)

Re: Are you THINKING about what you are writing? by 'itpro' (31 Jan 2009 @ 12:27)

Re: Are you THINKING about what you are writing? by 'WillDendy87' (31 Jan 2009 @ 12:34)

Re: Are you THINKING about what you are writing? by 'WillDendy87' (31 Jan 2009 @ 12:51)

Re: Are you THINKING about what you are writing? by 'WillDendy87' (31 Jan 2009 @ 10:37)

Re: Are you THINKING about what you are writing? by 'DavyBoy' (31 Jan 2009 @ 10:51)

Are you THINKING about what you are writing ? No by 'DavyBoy' (31 Jan 2009 @ 10:46)

Re: Are you THINKING about what you are writing ? by 'itpro' (31 Jan 2009 @ 11:29)

Re: Are you THINKING about what you are writing ? by 'WillDendy87' << You are here!

Re: Are you THINKING about what you are writing ? by 'itpro' (31 Jan 2009 @ 11:58)

Re: Are you THINKING about what you are writing ? by 'WillDendy87' (31 Jan 2009 @ 12:09)

Re: Are you THINKING about what you are writing ? by 'WillDendy87' (31 Jan 2009 @ 12:14)

Re: Are you THINKING about what you are writing ? by 'davidmc' (31 Jan 2009 @ 12:34)

Davidmc by 'WillDendy87' (31 Jan 2009 @ 12:38)

Re: Davidmc by 'davidmc' (31 Jan 2009 @ 12:55)

Re: Davidmc by 'WillDendy87' (31 Jan 2009 @ 13:03)

Re: Davidmc by 'itpro' (31 Jan 2009 @ 14:15)

Re: Davidmc by 'davidmc' (31 Jan 2009 @ 15:12)

Er........ David by 'itpro' (31 Jan 2009 @ 14:11)

Re: Er........ David by 'davidmc' (31 Jan 2009 @ 14:58)

Re: Er........ David by 'itpro' (31 Jan 2009 @ 16:28)

Re: Er........ David by 'davidmc' (31 Jan 2009 @ 16:40)

Re: Are you THINKING about what you are writing ? by 'itpro' (31 Jan 2009 @ 14:07)

Re: Are you THINKING about what you are writing ? by 'WillDendy87' (31 Jan 2009 @ 14:15)

Re: Are you THINKING about what you are writing ? by 'itpro' (31 Jan 2009 @ 14:19)

Re: Are you THINKING about what you are writing ? by 'WillDendy87' (31 Jan 2009 @ 14:46)

Re: Are you THINKING about what you are writing ? by 'itpro' (31 Jan 2009 @ 16:20)

Re: Are you THINKING about what you are writing ? by 'DavyBoy' (31 Jan 2009 @ 16:54)

Re: We should encourage the rich to get richer by 'DevonHawker' (31 Jan 2009 @ 2:06)

Re: We should encourage the rich to get richer by 'itpro' (31 Jan 2009 @ 11:38)

Re: We should encourage the rich to get richer by 'WillDendy87' (31 Jan 2009 @ 11:44)

Re:Itpro, outdated industries by 'davidmc' (31 Jan 2009 @ 13:04)

Re:Itpro, outdated industries by 'itpro' (31 Jan 2009 @ 14:01)

Re:Itpro, outdated industries by 'DavyBoy' (31 Jan 2009 @ 21:40)

Re:Itpro, outdated industries by 'itpro' (01 Feb 2009 @ 18:06)

Re:Itpro, outdated industries by 'davidmc' (01 Feb 2009 @ 20:16)

Re:Itpro, outdated industries by 'DavidG' (01 Feb 2009 @ 20:43)

Re:Itpro, outdated industries by 'WillDendy87' (01 Feb 2009 @ 21:26)

Re:Itpro, outdated industries by 'davidmc' (01 Feb 2009 @ 21:28)

Re: Ł20 internet connection TAX planned by 'davidmc' (30 Jan 2009 @ 13:35)

Re: Ł20 internet connection TAX planned by 'chriskasch' (30 Jan 2009 @ 14:30)

Re: Ł20 internet connection TAX planned by 'itpro' (30 Jan 2009 @ 15:40)

Re: Ł20 internet connection TAX planned by 'chriskasch' (30 Jan 2009 @ 16:03)

alterior motive here by 'singers' (30 Jan 2009 @ 14:57)

Re: alterior motive here by 'itpro' (30 Jan 2009 @ 15:41)

Its Ulterior not alterior [NT] by 'DavyBoy' (30 Jan 2009 @ 16:05)

Re: Its Ulterior not alterior [NT] by 'itpro' (30 Jan 2009 @ 19:34)

Re: Its Ulterior not alterior [NT] by 'WillDendy87' (30 Jan 2009 @ 20:58)

Re: Its Ulterior not alterior [NT] by 'DavyBoy' (30 Jan 2009 @ 21:41)

Re: Its Ulterior not alterior [NT] by 'itpro' (31 Jan 2009 @ 1:09)

back on topik... by 'singers' (31 Jan 2009 @ 3:31)

Re: back on topik... by 'jnrblue91' (31 Jan 2009 @ 20:44)

Re: back on topik... TOPIC ! by 'DevonHawker' (31 Jan 2009 @ 22:44)

Re: back on topik... TOPIC ! by 'jnrblue91' (02 Feb 2009 @ 20:22)

Re: back on topik... TOPIC ! by 'KenE' (03 Feb 2009 @ 23:48)

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