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The financial system - it's completely fucked, isn't it?
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Re: The financial system - it's completely fucked, isn't it?
Feb 16, 2009, 14:27
Deflation? So if I put £100 in the bank and it attracts bugger all interest, it's purchasing power will increase anyway. Is that right? So as an investor, I keep hold of my money, rather than invest it or use it to buy things with. Result: Further negative growth (now there's a phrase), no demand for goods and services, and the spiral quickens.

Don't take all the beans will you Bear? I've put a quid under my mattress, and I'm planning on buying Tesco's entire stock with it in a few months.
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Re: The financial system - it's completely fucked, isn't it? (TheBear)		 Replies:
Re: The financial system - it's completely fucked, isn't it? (stray)
Re: The financial system - it's completely fucked, isn't it? (TheBear)
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