The UK cannot "run out of money"

[Gigabit]

I notice you have conveniently missed my question: how does the UK printing money and investing it directly into infrastructure create inflation?

As I'm sure you are aware, controlling inflation is the central role of the sovereign bank and the money supply is one of the key factors along with the "Risk free rate" in it's toolbox

The Bank of England uses econometric models to attempt to project impacts of varying these levers, which have to take into account various forecasts of economic activity, employment rates, GDP etc etc

You can read about these models here:

https://www.researchgate.net/publicatio ... of_England

Most of these models are deterministic.

Rather than try to give you a lesson in economics on this forum, you can read this information from the Bank of England which I hope will explain it all to you:

https://www.bankofengland.co.uk/monetary-policy

Apart from the interest rates, sovereign banks have other levers available which you can read about here:

https://www.investopedia.com/articles/0 ... ession.asp

Hope this helps.

Are you missing the point on purpose?

I know what the BoE does, I know how inflation works. That isn't what I asked.

What I asked was how the BoE printing money and spending it directly on infrastructure creates inflation? The Government does it already on other things, I see no inflation. That is because as I've already said, inflation is only created if the money goes directly into the money supply, which it wouldn't if you spent it directly.

How do we know this - well look at 2008 and the money we printed then. How is the hyperinflation we've been living through for 10 years? Oh, wait...

Read and learn Gigabit
Some of us have spent many many years studying this stuff
Your knowledge is just superficial as you have displayed many times.
Dont just keep on spouting the garbage you get from Momentum.

So I'd like you to educate me on how Government investment banks work then please. I don't see hyperinflation in any countries that have those, e.g. South Korea.

And again 2008 we printed BILLIONS and yet no inflation.

Also, nothing to do with Momentum. Always an attack by somebody who is losing the argument.

[MungoBrush]

I notice you have conveniently missed my question: how does the UK printing money and investing it directly into infrastructure create inflation?

As I'm sure you are aware, controlling inflation is the central role of the sovereign bank and the money supply is one of the key factors along with the "Risk free rate" in it's toolbox

The Bank of England uses econometric models to attempt to project impacts of varying these levers, which have to take into account various forecasts of economic activity, employment rates, GDP etc etc

You can read about these models here:

https://www.researchgate.net/publicatio ... of_England

Most of these models are deterministic.

Rather than try to give you a lesson in economics on this forum, you can read this information from the Bank of England which I hope will explain it all to you:

https://www.bankofengland.co.uk/monetary-policy

Apart from the interest rates, sovereign banks have other levers available which you can read about here:

https://www.investopedia.com/articles/0 ... ession.asp

Hope this helps.

Are you missing the point on purpose?

I know what the BoE does, I know how inflation works. That isn't what I asked.

What I asked was how the BoE printing money and spending it directly on infrastructure creates inflation? The Government does it already on other things, I see no inflation. That is because as I've already said, inflation is only created if the money goes directly into the money supply, which it wouldn't if you spent it directly.

How do we know this - well look at 2008 and the money we printed then. How is the hyperinflation we've been living through for 10 years? Oh, wait...

Read and learn Gigabit
Some of us have spent many many years studying this stuff
Your knowledge is just superficial as you have displayed many times.
Dont just keep on spouting the garbage you get from Momentum.

So I'd like you to educate me on how Government investment banks work then please. I don't see hyperinflation in any countries that have those, e.g. South Korea.

And again 2008 we printed BILLIONS and yet no inflation.

Also, nothing to do with Momentum. Always an attack by somebody who is losing the argument.

I've already provided you with a link to read to learn how the Bank of England implements monetary policy.

[Rolluplostinspace]

Our money is borrowed into existence out of thin air by all the banks at interest.
This means money is debt based as opposed to value based.

[Gigabit]

You keep fantastically missing the point. The 2008 bailout was a Central Government policy. They said to the BoE, "print us some money", and they did...

[Gigabit]

Good video here...

[Stooo]

Venezuela isn't running out of money either. In fact they have printed so much that it's now worthless.

That's what happens when you rely one one type of trade, in their case, oil.

[Gigabit]

Venezuela isn't running out of money either. In fact they have printed so much that it's now worthless.

That's what happens when you rely one one type of trade, in their case, oil.

And have a country like the USA who undermines your country at every turn.

Not defending Venezuela BTW, just think it's a ludicrous comparison to make.

[Stooo]

Venezuela isn't running out of money either. In fact they have printed so much that it's now worthless.

That's what happens when you rely one one type of trade, in their case, oil.

And have a country like the USA who undermines your country at every turn.

Not defending Venezuela BTW, just think it's a ludicrous comparison to make.

Yeah, but commies. Every hole's a goal...

[Gigabit]

Venezuela isn't running out of money either. In fact they have printed so much that it's now worthless.

That's what happens when you rely one one type of trade, in their case, oil.

And have a country like the USA who undermines your country at every turn.

Not defending Venezuela BTW, just think it's a ludicrous comparison to make.

Yeah, but commies. Every hole's a goal...

Those social democracy hellholes, with their record happiness levels and good standards of living, what shitholes

[Rolluplostinspace]

You keep fantastically missing the point. The 2008 bailout was a Central Government policy. They said to the BoE, "print us some money", and they did...

No they didn't.
They said lend us some money and they did .... at interest.
People are led to believe The Bank of England is state owned but it isn't.
There are something like twenty odd royal charters that prevent you from knowing who the real owners are.
If the BOE was truly state owned then it would not be possible to pay interest to itself.
The money would be created interest free.
This kind of banking has become known as Islamic banking.
Iran is the last country creating it's own money interest free.
Oh and N Korea.
The last two on the list of rogue nations targeted for destruction most of which were bombed into having a privately owned central bank.

brian ovens made this Freedom of Information request to Bank of England
........ https://www.whatdotheyknow.com/request/ownership_2

[Rolluplostinspace]

But it no longer really matters who owns central banks as the high street banks are the ones creating money out of thin air.
Complete List of BANKS Owned or Controlled by the Rothschild Family ..... http://humansarefree.com/2013/11/comple ... olled.html

[Rolluplostinspace]

If the BOE were truly 100% owned by the government then the government would be raking in money right now as we the public pay back the interest.

[Gigabit]

George Osborne wrote off several of the BoE's debts...

[Rolluplostinspace]

George Osborne wrote off several of the BoE's debts...

Debts to who?
Owed by .....

[MungoBrush]

But it no longer really matters who owns central banks as the high street banks are the ones creating money out of thin air.

Yes but its all under the control of the BoE that sets and monitors capital adequacy ratios
And all banks have to report their positions daily

And it's been like that ever since banking was invented
Communist regimes; capitalist regimes; Islamic regimes
It's not political, it's like gravity. It just is.

What you have posted is like saying:
Hey - people grow grass - lambs eat the grass and turn into sheep - people eat sheep
So what!