Who will win the 2011 election?

**mashman** · 14th September 2011, 19:06

Originally Posted by Zedder

Short version: Google it.

bagga. I would prefer to read something in engrish... I get the principle, but never understood the causes of hyperinflation... other than money lenders seeing it as unfair that is.

anyhoo...

The left wanna scrap National Standards... meh, I'm not too fussed either way.

aaaaand the right are still sacking people and giving "grants" to businesses that want to catch water for irrigation (something they should be paying for themselves, not me)

**mashman** · 14th September 2011, 19:20

Originally Posted by Oscar

What are you talking of?

National Super?
There is only one level.

So nothing special for couples or based on tax codes? Is it means tested?
The personal one? Are you limited by the value in the account i.e. $X will last you Y years?

**Ocean1** · 14th September 2011, 20:03

Originally Posted by mashman

Is it means tested?

No. Because everyone knows that if they did that I'd track down every bastard that had ever uttered the suggestion and remove their face.

**Clockwork** · 14th September 2011, 20:28

Originally Posted by mashman

Why? (short version will do

)\

The more money you print the less it is worth, hence the term worthless. Like any commoditty its value is in its scarcity.

National Super is paid at one rate for singles and another rate for couples.

Personal Super, is money repaid to you by an insurance company after you first give them a lump sum. How much you get depends on how much you gave them in the first instance, how old you are, what gender you are... It's basically a bet between you and the insurance company that you will out live the lump sum!

Originally Posted by Ocean1

No. Because everyone knows that if they did that I'd track down every bastard that had ever uttered the suggestion and remove their face.

Face facts, it's inevitable. Else what they will do is freeze it at present levels then provide a means tested benefit available to top it up to a livable amount.

**puddytat** · 14th September 2011, 21:40

Originally Posted by Clockwork

The more money you print the less it is worth, hence the term worthless. Like any commoditty its value is in its scarcity.
.

Yeah ,you'd think so but what about the U.S $?
Oh thats right, they've China buying up their Govt. bonds to keep their own currency exchange rate artificially low....
What a fucked system.

**Clockwork** · 14th September 2011, 21:59

That and the fact that at the moment the worlds benchmark currency of trade is USD, so lucky them.

Actually I put some credence to the theory that Bush only invaded Iraq because Sadam threatend to start selling his oil for Euro's. If the USD lost its benchmark status, the US would not simply be able to print its way out of debt!

**mashman** · 14th September 2011, 22:24

Originally Posted by Ocean1

No. Because everyone knows that if they did that I'd track down every bastard that had ever uttered the suggestion and remove their face.

Ouchy... damn I hope they bring it in soon

Originally Posted by Clockwork

The more money you print the less it is worth, hence the term worthless. Like any commoditty its value is in its scarcity.

National Super is paid at one rate for singles and another rate for couples.

Personal Super, is money repaid to you by an insurance company after you first give them a lump sum. How much you get depends on how much you gave them in the first instance, how old you are, what gender you are... It's basically a bet between you and the insurance company that you will out live the lump sum!

Merci buckets that man. How's about "balancing" the printing of money with 1 million unemployed? Pay off the debt of the country, then create jobs the following year? Inflation neutral?

**Banditbandit** · 15th September 2011, 10:26

Originally Posted by Clockwork

The more money you print the less it is worth, hence the term worthless. Like any commoditty its value is in its scarcity.

In Relation to what? Used to be the gold standard but that is long gone ..

In relation to other currencies? Shit .. that fluctuates so much and only the currency traders profit ... and has little connection to how most people use money ...

In relation to what the money can purchase? That's how most people would see it if they thought about it ... Go down that path and you get into Douglas Credit ... and there is no reason NOT to print more money ...

In relation to the total value of the country? Probably a better idea .. but again that's a foundational concept of Douglas Credit ..

The current value of money is based on what people believe it is worth .. now and in the future ..

**mashman** · 15th September 2011, 21:57

**Winston001** · 15th September 2011, 22:38

The Economist for a laugh established the Big Mac Index as a more down to earth way of measuring purchasing power across nations. http://en.wikipedia.org/wiki/Big_Mac_Index

It actually provides a serious comparison when you go through the numbers. Illuminating.

**puddytat** · 15th September 2011, 22:50

Man, If you want an alternative view of NZ politics then I cant recommend Bomber Bradbury enough....he cuts thru all the spin & tells it like it is...a fucking joke!
When I can learn how to link his blogg, I will!!
Wake up people!!

**Winston001** · 16th September 2011, 21:04

Yeah? I only know Bomber Bradbury from Jim Mora's afternoon Nat Radio panel and I thought he was a bit of a wally. Intelligent and amusing granted. Each to their own.

http://pundit.co.nz/content/tariana-...ational-voters

**Winston001** · 16th September 2011, 21:08

Yeah? I only know Bomber Bradbury from Jim Mora's afternoon Nat Radio panel and I thought he was a bit of a wally. Intelligent and amusing granted. Each to their own.

His blogs are on Tumeke

http://tumeke.blogspot.com/

**puddytat** · 16th September 2011, 22:43

His latest on tumeke ( I watch him on stratos) I found to be very witty & right on the money in relation to the railway drama on opening night as well as other things....but youre right each to their own....some prefer Cameron Slater eh