UK - Slave work schemes

[Banditbandit]

[jonbuoy]

Sorry BB, no pictures for you to follow. You'll have to get an adult to explain it to you.

[Banditbandit]

Sorry BB, no pictures for you to follow. You'll have to get an adult to explain it to you.

I don't need an adult to explain this shit ... it's not rocket science ... Oh .. maybe that's why it is boring ..

[mashman]

Generally exchange rates are a product of the variables affecting the relationship between economies, not a variable you should fuck around with in some attempt to distort related variables.

You're correct in that unemployment fluctuates with the general health of the economy, not because of any evel capitalist scheme but simply because charity suffers along with every other facit of the budget when the overall value in hand shrinks. And again, you can print money, not value.

I'm sure there's a really really really complicated and uninteresting formula that goes into deciding why the $ has a particular value on a particular day. In regards to the distortion, tell that to the Soros's and Kreiger's of this world. Having said that there are plenty of govts around the world doing just that... actually it isn't limited to govts as many company's around the world are "revaluing" their worth. Why not leap on the bandwagon to cull some of the borrowing and help the export sector out?

Did I ever say it was an evil capitalist scheme? or is that just your furtive imagination demanding that that's what I said? I have an RBNZ document around here somewhere, that states that employment is used as part of monetary policy, albeit it's more of an indirect consequence these days (not that the document said that) ... a rose by any other name. The value in printing money is economic benefits, not $ value, as you say. One begets the other non?

Either way... there will still be X people unemployed that will need to be paid for by the tax payer die to there being only Y jobs. What does it matter what the motivation of those on the dole? when there are more than enough who want to work?

[mashman]

I don't need an adult to explain this shit ... it's not rocket science ... Oh .. maybe that's why it is boring ..

It is rocket science, otherwise you wouldn't need experts to deal with the fine print for ya... how wude.

[Banditbandit]

It is rocket science, otherwise you wouldn't need experts to deal with the fine print for ya... how wude.

Bwhahahaha ... the fine print ? You just need glasses and good dose of pragmatism ... why waste money on overtrained and overpaid monkeys posing as "experts"? (Ex-pert = what was once a small spert?)

And I once heard Don Brash, in answer to a question, say that we only have economic forcasters to make weather forecasters look good ..

and have a look at these - lot's of economic truth here .. and other from the same pair ...

[Swoop]

we only have economic forcasters to make weather forecasters look good...

So: gareth ("gutterwhiskers") morgan = bad.
Toni Marsh = good.

Yup. The theory seems to hold true!













Just "print more money"? FFS!

I wonder if I can get the 50 million I recently brought back into the country exchanged 1:1 into NZ dollars then?

[Banditbandit]

So: gareth ("gutterwhiskers") morgan = bad.
Toni Marsh = good.

Yup. The theory seems to hold true!

Who's Toni Marsh ???

[mashman]

Bwhahahaha ... the fine print ? You just need glasses and good dose of pragmatism ... why waste money on overtrained and overpaid monkeys posing as "experts"? (Ex-pert = what was once a small spert?)

And I once heard Don Brash, in answer to a question, say that we only have economic forcasters to make weather forecasters look good ..

and have a look at these - lot's of economic truth here .. and other from the same pair ...

You waste the money because they're the experts... it doesn't matter that they stick their finger in the air and hope that they've got it right or not, coz you can then blame them, and not yourself, when it all goes tits. Who me, no, I didn't lose any money, I was just given bad advice, it's someone else's fault.

Will watch B&B later... pretty sure I've seen them before as they are fuckin hilarious and I always wished that they'd show those and then have a panel of economists to deny that that's the way it is. Could be fun if done in a sort of TISWAS styleee.

[mashman]

Just "print more money"? FFS!

I know right. It's not like anyone else is doing it or has been doing it for centuries if not millenia. Psst, Swoop, just in case you didn't know, we don't find billions of $ hidden in small corners to pay for the growth that we have experienced since forever... they print that shit all the time. Our secret though eh

[Swoop]

... they print that shit all the time. Our secret though eh

Correct. It is the rate that they print it, and how much "used" money is removed from circulation, that is the critical aspect.

[Brian d marge]

Generally exchange rates are a product of the variables affecting the relationship between economies, not a variable you should fuck around with in some attempt to distort related variables.

not sure it does anymore , the classic smith econimics you quote , doesnt factor in the money markets and the volume of money trading which was really given its head of steam in 1982

You're correct in that unemployment fluctuates with the general health of the economy, not because of any evel capitalist scheme but simply because charity suffers along with every other facit of the budget when the overall value in hand shrinks. And again, you can print money, not value
The New Zealand government uses unemplyment to control adjust inflation ( cant remember the exact method , and I havent time to ferret it out of me info box so Im sorry but bear with me on that one ) , True you cant print value. you can peg it to something valuable ( gold ) but you cant print it ,,,which is WHY im dead set against america and nixons fk up )
.

I despair. The West only has itself to blame when we end up at the bottom of the heap overtaken by hardworking, driven workers from other countries hungry for the opportunities we piss away, moan and gripe about.

It comes in cycles , england collapsed so is Japan , china or india are on the rise .. ( I think india ) or even a south ameican country . Japan I can tell you is contracting faster than one can bail the water .......

Stephen

[Ocean1]

Either way... there will still be X people unemployed that will need to be paid for by the tax payer die to there being only Y jobs.

It doesn't matter how many times you say it, it's simply not true, if they want work bring 'em here, I've got work for any of them that actually want it.

What does it matter what the motivation of those on the dole? when there are more than enough who want to work?

You're right, their motivation is completely irrelevant, their capacity to work is all that matters. If they can't work, fine feed and house 'em, if they can work then hand them a shovel, there's plenty of work needing to be done. As for enough wanting to work? Work for what? Fuck all people I know working are happy to work the extra for those that don't.

[Banditbandit]

You waste the money because they're the experts... it doesn't matter that they stick their finger in the air and hope that they've got it right or not, coz you can then blame them, and not yourself, when it all goes tits. Who me, no, I didn't lose any money, I was just given bad advice, it's someone else's fault.

Mate - I don't pay someone to take responsibility for my bullshit ... Taking responsibility yourself is free and you get to sleep better at night ..

[mashman]

Correct. It is the rate that they print it, and how much "used" money is removed from circulation, that is the critical aspect.

No fuckin way... you mean there's rules that need to be followed. Right, I demand to know who makes the rules

It doesn't matter how many times you say it, it's simply not true, if they want work bring 'em here, I've got work for any of them that actually want it.

You're right, their motivation is completely irrelevant, their capacity to work is all that matters. If they can't work, fine feed and house 'em, if they can work then hand them a shovel, there's plenty of work needing to be done. As for enough wanting to work? Work for what? Fuck all people I know working are happy to work the extra for those that don't.

Of course it's not true... that's why the govt are wanting to create 170,000 jobs. Must be desperate to import people.

There is plenty of work needing to be done, but if you're not going to pay them a decent rate, I see no reason why they should work. As a duly designated member of the I've paid shitloads of tax too brigade, I remove them from their obligation of having to look for work. Awwwwwww that's right, I forgot that there's people who bemoan those of a lower socio-economic status... usually the same folk who'll pay as little money as they can get away with to their employees whilst structuring their finances to limit their tax liability... and if they're lucky, they'll claim any benefit that they are "entitled" too. I've met at least two of them thar folk so far. Their choice.

Mate - I don't pay someone to take responsibility for my bullshit ... Taking responsibility yourself is free and you get to sleep better at night ..

Oh crap... I wish that's all it took to have a good nights sleep... but alas, I find it hard to be out just for myself. Still sleep relatively well though.