tag:blogger.com,1999:blog-2484626660177622626.post5680403997850483347..comments2024-03-27T19:54:34.479+00:00Comments on Falling On A Bruise: They Call It StagflationFalling on a bruisehttp://www.blogger.com/profile/05518409624331248084noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2484626660177622626.post-28185819980064550522008-06-22T07:10:00.000+01:002008-06-22T07:10:00.000+01:00Oh my! "As soon as the conversation turns to infla...Oh my! "<I>As soon as the conversation turns to inflation or interest rates</I>" I get all fired up!<BR/><BR/><I>"I am happy to admit that i know very little about economic matters and there seems to be so many contributing factors that it is hard to get a simple answer to the question, who is to blame?"</I><BR/><BR/>I'll answer this question for you. Primarily, the folks who are responsible for:<BR/>1) the debacking of the pound<BR/>2) the institution of government level setting in fractional reserve banking<BR/> a) Some will go so far as to say that fractional reserve banking itself is the problem but I don't go that far.<BR/>3) the creation of the Bank of England as a banking monopoly<BR/><BR/>But most if not all of these dumb fellows are dead. <BR/><BR/>-NogNoghttps://www.blogger.com/profile/10741030321448255586noreply@blogger.comtag:blogger.com,1999:blog-2484626660177622626.post-26884005252170538992008-06-19T08:24:00.000+01:002008-06-19T08:24:00.000+01:00I got a delivery from my local curryhouse last nig...I got a delivery from my local curryhouse last night. My usual beef vindaloo had gone up from £5.95 to £7.50 in one foul swoop... <BR/><BR/>Right, this is getting beyond a joke now...Cheezyhttps://www.blogger.com/profile/10176170186766506070noreply@blogger.comtag:blogger.com,1999:blog-2484626660177622626.post-80299128179022048712008-06-19T00:56:00.000+01:002008-06-19T00:56:00.000+01:00Yes, it's a stupid word. And as for economists - s...Yes, it's a stupid word. And as for economists - someone once called them $2000 an hour psychics - which is dead right.Anonymousnoreply@blogger.com