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Post by Tony Dunkley on Aug 12, 2024 4:21:57 GMT
Vince 'Shit-for-Brains' Coventon, . . the deranged piece of lowlife rubbish who's quite incapable of speaking the truth about anything, and really should be locked up in somewhere such as Rampton or Broadmoor. I wonder which dubious postal address this lying psychopathic arsewipe uses for paying for the Licence and Mooring Permit for the uninsured boat that he lives on, and pretends that he owns, . . but doesn't.
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Post by Deleted on Aug 12, 2024 4:52:11 GMT
I think the essential point to grasp is that if I don't consider the advantages of paying for my boat licence in one lump sum to be sufficiently advantageous compared to paying by monthly direct debit, then that is a decision for me and me alone to make. Pay your bills whenever you wish. As you say, your decision. I was simply pointing out that you and Ricco were incorrect in your assumption that a Labour government tends to lead to higher inflation.
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Post by Deleted on Aug 12, 2024 4:54:23 GMT
You and Vince should look at the UK inflation rates over the last 40 years or so. You’ll be surprised to see that under Labour it tends to be very similar to that under Tory rule. Still, let’s not let facts get in the way huh. Best not mention last years inflation either huh? Many of the factors that drive inflation are of course global. However back at home: Generally speaking the greater the money supply the greater the inflation. That's simplistic of course but without writing chapters on the subject, it's not a bad basis to work off. So far, the government has announced inflation busting pay rises for public workers. It has also announced the creation of a 'sovereign wealth fund'. Unusually for a wealth fund there will be no wealth in it, only debt. Calling it a wealth fund is a disguise for the re-introduction of Corbyn's 'borrow to grow the economy' idea. The idea being that if you 'invest' in the public sector, dividends will accrue. First, from matched or hopefully higher investment from the private sector and then, the general multiplier effect that results from any economic activity. It should be noted that this idea has never successfully been implemented in any major economy. It's simply a socialist theory. Anyway, this isn't about the right or wrongs of sovereign debt funds. The point here is that both of the above steps taken so far by Labour are inflationary. So Vince has a point, believing that future inflation is highly likely. Where I disagree with him is that now, more than ever, inflation is mostly taken care of by global factors. So much of the stuff we use is imported that fluctuations in exchange rates, for example, can have more effect on the cost of the things we buy than can profligate government spending. Government policy of could effect the exchange rate or Jeff Bezos could do it, just for fun. So you agree that this Labour government will not lead us to high inflation? Or it might? Not sure what your answer was, you can be a little slippery at times.
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Post by on Aug 12, 2024 5:13:39 GMT
Interesting to see how the inland waterways do under Labour.
Will things improve I wonder.
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Post by Tony Dunkley on Aug 12, 2024 5:49:21 GMT
Vince 'Shit-for-Brains' Coventon, . . the deranged piece of lowlife rubbish who's quite incapable of speaking the truth about anything, and really should be locked up in somewhere such as Rampton or Broadmoor. I wonder which dubious postal address this lying psychopathic arsewipe uses for paying for the Licence and Mooring Permit for the uninsured boat that he lives on, and pretends that he owns, . . but doesn't. Bump
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Post by Mr Stabby on Aug 12, 2024 5:57:40 GMT
Interesting to see how the inland waterways do under Labour. Will things improve I wonder. Can't see it to be honest. Rightly or wrongly boaters tend to be viewed as better off financially than many people, and not of the demographic where Labour chooses to spend money.
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Post by Deleted on Aug 12, 2024 6:07:57 GMT
Interesting to see how the inland waterways do under Labour. Will things improve I wonder. Can't see it to be honest. Rightly or wrongly boaters tend to be viewed as better off financially than many people, and not of the demographic where Labour chooses to spend money. If you take this forum as a marker, then I suppose boaters are relatively well off. As for what Labour will do for the waterways, who knows. It’s a new government, Labour in name but I think changed from what we might expect. Just have to wait and see.
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Post by Deleted on Aug 12, 2024 6:11:09 GMT
An unbelievable sunrise today. I actually had to drag my poorly body out of bed to take a peep. A bright red shaft of light had snook through a gap in our port hole covers, so vivid I had to check there wasn’t a nearby fire.
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Post by Tony Dunkley on Aug 12, 2024 6:17:05 GMT
Interesting to see how the inland waterways do under Labour. Will things improve I wonder. Can't see it to be honest. Rightly or wrongly boaters tend to be viewed as better off financially than many people, and not of the demographic where Labour chooses to spend money. Shit-for-Brains Coventon isn't capable of being 'honest' about anything. It remains to be seen which transport/warehousing company the lying nutcase is going to pretend he's working for this week.
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Post by Clinton Cool on Aug 12, 2024 6:28:49 GMT
Many of the factors that drive inflation are of course global. However back at home: Generally speaking the greater the money supply the greater the inflation. That's simplistic of course but without writing chapters on the subject, it's not a bad basis to work off. So far, the government has announced inflation busting pay rises for public workers. It has also announced the creation of a 'sovereign wealth fund'. Unusually for a wealth fund there will be no wealth in it, only debt. Calling it a wealth fund is a disguise for the re-introduction of Corbyn's 'borrow to grow the economy' idea. The idea being that if you 'invest' in the public sector, dividends will accrue. First, from matched or hopefully higher investment from the private sector and then, the general multiplier effect that results from any economic activity. It should be noted that this idea has never successfully been implemented in any major economy. It's simply a socialist theory. Anyway, this isn't about the right or wrongs of sovereign debt funds. The point here is that both of the above steps taken so far by Labour are inflationary. So Vince has a point, believing that future inflation is highly likely. Where I disagree with him is that now, more than ever, inflation is mostly taken care of by global factors. So much of the stuff we use is imported that fluctuations in exchange rates, for example, can have more effect on the cost of the things we buy than can profligate government spending. Government policy of could effect the exchange rate or Jeff Bezos could do it, just for fun. So you agree that this Labour government will not lead us to high inflation? Or it might? Not sure what your answer was, you can be a little slippery at times. I'm saying it's uncertain. However, I'm saying that the announcements made so far are inflationary but many other factors are in play. It's not a case of being slippery. This is a complex matter.
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Post by Deleted on Aug 12, 2024 6:34:17 GMT
So you agree that this Labour government will not lead us to high inflation? Or it might? Not sure what your answer was, you can be a little slippery at times. I'm saying it's uncertain. However, I'm saying that the announcements made so far are inflationary but many other factors are in play. It's not a case of being slippery. This is a complex matter. Obviously it’s complex. Way beyond the likes of you and me I know. We can all make guesses but that’s all it can be, guesses. I was merely pointing out that over the last 40 years or so that Labour/Tory rule tends towards very similar inflation rates..
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Post by Tony Dunkley on Aug 12, 2024 6:36:59 GMT
I wonder which dubious postal address this lying psychopathic arsewipe uses for paying for the Licence and Mooring Permit for the uninsured boat that he lives on, and pretends that he owns, . . but doesn't. Shit-for-Brains Coventon, . . a real nutter, . . complete with the bayonet he carries with him at all times.
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Post by Deleted on Aug 12, 2024 6:41:08 GMT
It’s gonna be a warm one 👍
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Post by Tony Dunkley on Aug 12, 2024 6:42:52 GMT
I wonder which dubious postal address this lying psychopathic arsewipe uses for paying for the Licence and Mooring Permit for the uninsured boat that he lives on, and pretends that he owns, . . but doesn't. Shit-for-Brains Coventon, . . a real nutter, . . complete with the bayonet he carries with him at all times. Bump
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Post by Deleted on Aug 12, 2024 6:44:53 GMT
Getting warmer 👍
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