jumpstart Posted March 2, 2021 Share Posted March 2, 2021 Bulletguy - 2021-03-02 5:33 PM jumpstart - 2021-03-02 5:12 PM with money created by the Bank of England [boE], which was used to buy government bonds, which bonds were issued by the Treasury simultaneously with their repurchase – in effect to fund the deficits that were required to ensure that government could continue to provide its services despite the collapse in tax revenues… How many bonds have been issued? Roughly £300bn… How many bonds have been repurchased by the Bank of England on behalf of the Treasury? Roughly £300bn… What is the consequence of that repurchase? That the Bank of England has injected roughly… £300bn worth of new money into the economy £300 billion isn't enough.......it's £394 billion and that figure is an underestimate, the final figure will be much higher according to the OBR. I'm glad you think debt can be written off simply by printing more money......we can all look forward to tax cuts in the Budget. (lol) Different debts...but whatever....we should be taxed more to pay for services , cant expect a Government to function ny keep giving tax breaks. Link to comment Share on other sites More sharing options...
John52 Posted March 2, 2021 Share Posted March 2, 2021 jumpstart - 2021-03-02 5:12 PM with money created by the Bank of England [boE], which was used to buy government bonds, which bonds were issued by the Treasury simultaneously with their repurchase – in effect to fund the deficits that were required to ensure that government could continue to provide its services despite the collapse in tax revenues… How many bonds have been issued? Roughly £300bn… How many bonds have been repurchased by the Bank of England on behalf of the Treasury? Roughly £300bn… What is the consequence of that repurchase? That the Bank of England has injected roughly… £300bn worth of new money into the economy So who needs education, employment, trade or industry when we can just print money *-) Link to comment Share on other sites More sharing options...
CurtainRaiser Posted March 2, 2021 Share Posted March 2, 2021 John52 - 2021-03-02 9:40 PM jumpstart - 2021-03-02 5:12 PM with money created by the Bank of England [boE], which was used to buy government bonds, which bonds were issued by the Treasury simultaneously with their repurchase – in effect to fund the deficits that were required to ensure that government could continue to provide its services despite the collapse in tax revenues… How many bonds have been issued? Roughly £300bn… How many bonds have been repurchased by the Bank of England on behalf of the Treasury? Roughly £300bn… What is the consequence of that repurchase? That the Bank of England has injected roughly… £300bn worth of new money into the economy So who needs education, employment, trade or industry when we can just print money *-) You do when your cash for a pint looks like this Link to comment Share on other sites More sharing options...
Guest pelmetman Posted March 3, 2021 Share Posted March 3, 2021 John52 - 2021-03-02 9:40 PM jumpstart - 2021-03-02 5:12 PM with money created by the Bank of England [boE], which was used to buy government bonds, which bonds were issued by the Treasury simultaneously with their repurchase – in effect to fund the deficits that were required to ensure that government could continue to provide its services despite the collapse in tax revenues… How many bonds have been issued? Roughly £300bn… How many bonds have been repurchased by the Bank of England on behalf of the Treasury? Roughly £300bn… What is the consequence of that repurchase? That the Bank of England has injected roughly… £300bn worth of new money into the economy So who needs education, employment, trade or industry when we can just print money *-) So who needs Lefty finishing schools (aka universities) when we have enough Loony Lefties like you >:-) ........ Link to comment Share on other sites More sharing options...
John52 Posted March 3, 2021 Share Posted March 3, 2021 pelmetman - 2021-03-03 8:36 AM So who needs Lefty finishing schools (aka universities) Boris Johnson Link to comment Share on other sites More sharing options...
Bulletguy Posted March 3, 2021 Author Share Posted March 3, 2021 John52 - 2021-03-03 9:25 AM pelmetman - 2021-03-03 8:36 AM So who needs Lefty finishing schools (aka universities) Boris Johnson And his offspring. Lara Lettice (yes really!!) went to St Andrews, Milo to SOAS University of London, Cassia Peaches went to Trinity University Dublin, Theodore Apollo is at Cambridge. Nothing is known about Stephanie, the daughter he had from one of his affairs as Johnson attempted to deny her existence until a court case brought it all out. As a result she has nothing to do with her half-siblings or Johnson. Link to comment Share on other sites More sharing options...
Guest pelmetman Posted March 3, 2021 Share Posted March 3, 2021 John52 - 2021-03-03 9:25 AM pelmetman - 2021-03-03 8:36 AM So who needs Lefty finishing schools (aka universities) Boris Johnson Fortunately Eton and Oxford aren't known as Lefty Cesspits :D ........ Link to comment Share on other sites More sharing options...
CurtainRaiser Posted March 3, 2021 Share Posted March 3, 2021 pelmetman - 2021-03-03 3:16 PM John52 - 2021-03-03 9:25 AM pelmetman - 2021-03-03 8:36 AM So who needs Lefty finishing schools (aka universities) Boris Johnson Fortunately Eaton and Oxford aren't known as Lefty Cesspits :D ........ Well you for one need a better education. It is Eton. Link to comment Share on other sites More sharing options...
Bulletguy Posted March 3, 2021 Author Share Posted March 3, 2021 CurtainRaiser - 2021-03-03 3:30 PM pelmetman - 2021-03-03 3:16 PM John52 - 2021-03-03 9:25 AM pelmetman - 2021-03-03 8:36 AM So who needs Lefty finishing schools (aka universities) Boris Johnson Fortunately Eaton and Oxford aren't known as Lefty Cesspits :D ........ Well you for one need a better education. It is Eton. Skewered in one!!! (lol)(lol)(lol)(lol)(lol)(lol)(lol)(lol)(lol)(lol)(lol)(lol) Link to comment Share on other sites More sharing options...
Guest pelmetman Posted March 3, 2021 Share Posted March 3, 2021 CurtainRaiser - 2021-03-03 3:30 PM pelmetman - 2021-03-03 3:16 PM John52 - 2021-03-03 9:25 AM pelmetman - 2021-03-03 8:36 AM So who needs Lefty finishing schools (aka universities) Boris Johnson Fortunately Eton and Oxford aren't known as Lefty Cesspits :D ........ Well you for one need a better education. It is Eton. Thanks for the heads up on my typo :D ............. Link to comment Share on other sites More sharing options...
jumpstart Posted March 3, 2021 Share Posted March 3, 2021 CurtainRaiser - 2021-03-03 3:30 PM pelmetman - 2021-03-03 3:16 PM John52 - 2021-03-03 9:25 AM pelmetman - 2021-03-03 8:36 AM So who needs Lefty finishing schools (aka universities) Boris Johnson Fortunately Eaton and Oxford aren't known as Lefty Cesspits :D ........ Well you for one need a better education. It is Eton. Is that anywhere near London ? Link to comment Share on other sites More sharing options...
Bulletguy Posted March 3, 2021 Author Share Posted March 3, 2021 jumpstart - 2021-03-03 3:37 PM CurtainRaiser - 2021-03-03 3:30 PM pelmetman - 2021-03-03 3:16 PM John52 - 2021-03-03 9:25 AM pelmetman - 2021-03-03 8:36 AM So who needs Lefty finishing schools (aka universities) Boris Johnson Fortunately Eaton and Oxford aren't known as Lefty Cesspits :D ........ Well you for one need a better education. It is Eton. Is that anywhere near London ? 22 miles away near Windsor. Link to comment Share on other sites More sharing options...
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