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- verv replied Sep 29, 2017
I think people in here know I really don't like Elon Musk. However the way those rockets from space X appear to come back to down and land is just incredible. He has an incredible team of engineers and software guys work on that. url
The Rabbit Hole
- verv replied Sep 28, 2017
Im starting to think he is just a bit of a twat all round. Don't want him as PM would rather Mogg or Davis
The Rabbit Hole
- verv replied Sep 28, 2017
Very true about believing whether you accept something. I struggle with second hand websites for a number of previously discussed reasons but it should not be assumed (by me) that the BBC and the government are infallible or unbiased. In this ...
The Rabbit Hole
- verv replied Sep 27, 2017
Regardless of his experience he has some basic facts wrong though. I didn't provide links above, so I will go back and reference them so you can see for yourself. edit - so references added now. There is somewhere online where you can access the ...
The Rabbit Hole
- verv replied Sep 27, 2017
The basics of that is also my understanding of the scheme, but with a different conclusions because of some omission in the article. The Treasury took the Banks capital stock under its control in 1946, and issued government stock that paid a 3% ...
The Rabbit Hole
- verv replied Sep 27, 2017
Why do you think they couldn't pay it? The Bank of England website said that the total value of the capital stock at the time of nationalisation was only £14.7 million. Thats not a lot of money. I used to think there were private owners of the Bank ...
The Rabbit Hole
- verv replied Sep 26, 2017
You are right to be skeptical for it is a trick. The government is buying its' own debt by printing money, it is a way to fund spending without increasing taxes. It's ingenious. That's the purpose of the trick but what is the cost? On the face of it ...
The Rabbit Hole
- verv replied Sep 26, 2017
Is that the 'racist' chant people are going mad about? Lol. I laugh my head of if that chant was about me.
The Rabbit Hole
- verv replied Sep 26, 2017
There are a two steps missing there: 1 - BoE creates base money, only they can 2 - BoE buys government bonds with this money 3 - Government pays dividends to those bonds and redeems at par 4 - BoE retires base money 5 - BoE sends profits from ...
The Rabbit Hole
- verv replied Sep 25, 2017
It's a way they can control interest rates that the government pays on bonds. They 'print' money, buy government bonds pushing down the rate, and then retire the 'printed' money when the bonds are paid down. Nothing particularly sinister about that. ...
The Rabbit Hole
- verv replied Sep 22, 2017
Its getting to the point where I would rather just have a 'hard brexit'. Mervyn King said our default position should be hard Brexit and we should negotiate from that position. Not this pathetic type of negiotiation where we ask we for as much ...
The Rabbit Hole
- verv replied Sep 22, 2017
I'm struggling to resist the urge to GLOAT lol. More broadly Cliff's demise is probably a sign of a stricter enforcement of forum rules, or after repeated warnings Cliff just could not help himself lol. Either way, the best way to make sure we don't ...
The Rabbit Hole
- verv commented Sep 21, 2017
You told me off above and said that talking about sovereignty, migration, and others things related to the decisions people made in the Brexit referendum was a breach forum rules. Those links I posted, specifically with the pictures, are of YOU ...
May's Message Should Be to Britain, Not Europe
- verv commented Sep 21, 2017
I want to control immigration by restricting the freedom of movement... can I do that in the EU? I want to regulate and control labour laws... can I do all of that in the EU? I want to forge new trade deals with other countries... can I do that in ...
May's Message Should Be to Britain, Not Europe
- verv commented Sep 21, 2017
How dare you claim that Cliff can be biased, insulting and post off topic. It is a personally insulting to Cliff to tell him these factual things. *Insert some sob story as a pathetic way to direct CoC against members whose opinions you don't like*
May's Message Should Be to Britain, Not Europe
- verv commented Sep 21, 2017
Are you suggesting that all that purple trade will cease once Britain decides to leave the EU?
May's Message Should Be to Britain, Not Europe
- verv commented Sep 21, 2017
The 'keep woofing' part was directed at a particular user that isn't you and who was quite openly deriding the intelligence of others (you have form on this too), a post which you liked. The 'woof' should be a dead give away, I thought the ...
May's Message Should Be to Britain, Not Europe