AnsweredHot!Politics Thread

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Goodone
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Re: General Election 2015 2017/10/11 16:47:59 (permalink)
gutlessrhyme
Goodone
Pitching a semi, you?


I'm drunk on a train. Throw some big words at me bro

You couldn't handle it mate, despite all the brave juice!
gutlessrhyme
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Re: General Election 2015 2017/10/11 16:48:45 (permalink)
pffffffff
Godfrey Tweeed
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Re: General Election 2015 2017/10/11 16:49:03 (permalink)
gutlessrhyme

I'm drunk on a train


next step driving to dundee in bare feet

#flidlifecrisis
gutlessrhyme
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Re: General Election 2015 2017/10/11 16:51:14 (permalink)
Or bear feet? Think about it
Lrrr
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Re: General Election 2015 2017/10/11 17:21:18 (permalink)
gutlessrhyme
Goodone
Pitching a semi, you?


I'm drunk on a train. Throw some big words at me bro



You have 100% lost your mind.

dotarr
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Re: General Election 2015 2017/10/11 17:28:48 (permalink)
I'm enjoying gutless's recent gully streaks. 
 
Train cans are the best cans.
gutlessrhyme
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Re: General Election 2015 2017/10/11 17:33:38 (permalink) ☄ Helpfulby Cherno Samba 2017/10/11 19:34:46
Lrrr
gutlessrhyme
Goodone
Pitching a semi, you?


I'm drunk on a train. Throw some big words at me bro



You have 100% lost your mind.


Send shovel
LHC
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Re: General Election 2015 2017/10/11 17:53:20 (permalink)
simon.r
I'm enjoying gutless's recent gully streaks. 
 
Train cans are the best cans.

Same. Anyone calling gutless mad is just envious that he's now more hardcore than they are and that's the bottom line because Stone Cold says so
KNUCKLES
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Re: General Election 2015 2017/10/11 18:12:22 (permalink) ☄ Helpfulby Cherno Samba 2017/10/11 18:19:50

darkmatter
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Re: General Election 2015 2017/10/11 19:37:03 (permalink)
simon.r
 
It's always good asking Libertarians/Right Wing people in favour of an 'australian style points system' what other aspects of business they'd like planned by central government.




Ha yep.
 
I was making no sense though, I meant Austrian. I'm not even sure there is an Australian school of economics 

Godfrey Tweeed
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Re: General Election 2015 2017/10/11 19:37:52 (permalink)
gutlessrhyme
Or bear feet? Think about it


or duck a l'orange in the dance, without the duck. regardez.
Goodone
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Re: General Election 2015 2017/10/11 19:44:52 (permalink)
DM I still believe in some form of government and taxes.. I'm not totally insane.
 
When I get to power there would still be taxation just not this unholy matrimony of governments with the power to print money and borrow based on GDP (effectively our hard work) and big business. 
 
Crypto currencies would de peg the value of currency from a country's GDP which should hopefully reduce the risk of governments and big business fucking up the economy for the rest of us in the future
post edited by Goodone - 2017/10/11 19:48:04
SmokedEggs
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Re: General Election 2015 2017/10/11 19:58:59 (permalink)
Goodone
DM I still believe in some form of government and taxes.. I'm not totally insane.
 
When I get to power there would still be taxation just not this unholy matrimony of governments with the power to print money and borrow based on GDP (effectively our hard work) and big business. 
 
Crypto currencies would de peg the value of currency from a country's GDP which should hopefully reduce the risk of governments and big business fucking up the economy for the rest of us in the future


"Borrow based on GDP". What do you mean?

Crypto currencies will not undermine government to the extent you suggest because you can only pay your taxes in government currency. You can only pay HMRC in pounds sterling, not US dollars nor bitcoin.
darkmatter
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Re: General Election 2015 2017/10/11 20:01:30 (permalink)
Which currency would you collect tax revenue in?
 
What if I chose not to earn my money in that form of currency, and am therefore effectively tax exempt?
 
When you get to power you'll have no power, because I'll have all the monies and I won't need to pay tax because I won't recognise your unit of currency as valid. I'll simply pay people to overthrow your whole crewdem.

Goodone
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Re: General Election 2015 2017/10/11 20:04:39 (permalink)
I'm talking about when crypto currencies have inevitably replaced fiat based currencies.
Forget the when I'm in power bit it was an attempt at humour 
darkmatter
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Re: General Election 2015 2017/10/11 20:05:12 (permalink)
SmokedEggs

"Borrow based on GDP". What do you mean?




Makes sense really, they're lending to UK plc based on their confidence in a future ability to pay i.e. betting on growth. Or confidence that a tory government will come along squeeze the electorate in order to honour debts to lenders rather than doing an Argentina.
 
Yeah I thought you were joking I'm not planning on seizing power any time soon either.

Goodone
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Re: General Election 2015 2017/10/11 20:08:39 (permalink)
Or was I?!? 
SmokedEggs
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Re: General Election 2015 2017/10/11 20:18:28 (permalink)
darkmatter
Which currency would you collect tax revenue in?
 
What if I chose not to earn my money in that form of currency, and am therefore effectively tax exempt?
 
When you get to power you'll have no power, because I'll have all the monies and I won't need to pay tax because I won't recognise your unit of currency as valid. I'll simply pay people to overthrow your whole crewdem.


It would be no different to how HMRC would treat people generating money in another currency, surely...
gutlessrhyme
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Re: General Election 2015 2017/10/11 20:19:11 (permalink)
Cryptocurrencies will never completely replace traditional currency. Certainly not in our lifetime
SmokedEggs
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Re: General Election 2015 2017/10/11 20:27:10 (permalink)
darkmatter
SmokedEggs

"Borrow based on GDP". What do you mean?




Makes sense really, they're lending to UK plc based on their confidence in a future ability to pay i.e. betting on growth. Or confidence that a tory government will come along squeeze the electorate in order to honour debts to lenders rather than doing an Argentina.
 


But govt debt In the uk is in the form of gilts. The government promises to pay back a yield on the gilts in gbp. It's not the same as having debts in a foreign currency that you need to service. The government, if it has a sovereign currency, can surely always service its gilts.

The risk element, as I understand it, would be the risk to an investor if the value of sterling was to plummet, as the value of what they would receive in gilt yields would fall
gutlessrhyme
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Re: General Election 2015 2017/10/12 12:36:11 (permalink)
darkmatter
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Re: General Election 2015 2017/10/12 12:49:33 (permalink)
SmokedEggs
darkmatter
SmokedEggs

"Borrow based on GDP". What do you mean?




Makes sense really, they're lending to UK plc based on their confidence in a future ability to pay i.e. betting on growth. Or confidence that a tory government will come along squeeze the electorate in order to honour debts to lenders rather than doing an Argentina.
 


But govt debt In the uk is in the form of gilts. The government promises to pay back a yield on the gilts in gbp. It's not the same as having debts in a foreign currency that you need to service. The government, if it has a sovereign currency, can surely always service its gilts.

The risk element, as I understand it, would be the risk to an investor if the value of sterling was to plummet, as the value of what they would receive in gilt yields would fall


Exactly, hence the Argentina reference :)

Law
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Re: General Election 2015 2017/10/12 12:57:11 (permalink)
I didnt know where to post this, but had to because it contains the greatest "i'm not racist but..." of all time 
 
http://www.bbc.co.uk/news/av/magazine-41584532/the-truth-about-hate-crime-and-brexit 
 
"I've got coloured friends" . 
 
FOR FUCK SAKE. Utter imbeciles. 
Geordie007
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Re: General Election 2015 2017/10/12 13:12:34 (permalink)
Id give that livvy haydock one though
gutlessrhyme
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Re: General Election 2015 2017/10/12 13:47:25 (permalink)
Law
I didnt know where to post this, but had to because it contains the greatest "i'm not racist but..." of all time 
 
http://www.bbc.co.uk/news/av/magazine-41584532/the-truth-about-hate-crime-and-brexit 
 
"I've got coloured friends" . 
 
FOR FUCK SAKE. Utter imbeciles. 


Saw that last night. I died a little inside
Cherno Samba
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Re: General Election 2015 2017/10/12 13:51:38 (permalink)
Brexit has made the UK the sick man of Europe once more
 
https://www.newstatesman.com/politics/uk/2017/10/brexit-has-made-uk-sick-man-europe-once-more
 
posted purely for the SW14ism
Geordie007
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Re: General Election 2015 2017/10/12 14:14:32 (permalink)
DrumBongo
Brexit has made the UK the sick man of Europe once more
 
https://www.newstatesman.com/politics/uk/2017/10/brexit-has-made-uk-sick-man-europe-once-more
 
posted purely for the SW14ism


Theres nothing of substance in there though to fully support his opinion that its because of brexit our economy has slowed its growth
darkmatter
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Re: General Election 2015 2017/10/12 15:14:38 (permalink)
I think you were reading a different article ha. The (quite substantial) loss of investor confidence and depreciation of sterling were mentioned.

How much more can they say on that? I guess "we asked everyone who placed a trade on the day after the referendum 'were you spooked?' and over 3 quarters said Yes". I don't think a survey's necessary here really.

Geordie007
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Re: General Election 2015 2017/10/12 15:38:34 (permalink)
dunno but I know I seemed to have a big advert that followed me everywhere.
 
And I don't think much of the sterling drop was really about the vote just more of the speculators doing it themselves to make shit loads of money from doing so.
wiseacre
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Re: General Election 2015 2017/10/12 16:54:08 (permalink)
geordie007
dunno but I know I seemed to have a big advert that followed me everywhere.
 
And I don't think much of the sterling drop was really about the vote just more of the speculators doing it themselves to make shit loads of money from doing so.




why hasn't sterling recovered then? lots more money to be made on a recovery

no
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