Message from @SkyCharm14744

Discord ID: 691975710495211540


2020-03-24 11:39:45 UTC  

like normal economics would mean that lots of people with more money and supply not stretching, i can't see in this emergency state any price increasing

2020-03-24 11:39:51 UTC  

It isn't going to be like that, Wacka

2020-03-24 11:40:07 UTC  

well thats what extreme inflation is

2020-03-24 11:40:09 UTC  

and once time goes past this, people will just stick with it

2020-03-24 11:40:22 UTC  

But the amount spent isn't going to be sufficient to do that

2020-03-24 11:40:24 UTC  

https://swprs.org/a-swiss-doctor-on-covid-19/
I'd love it if another human being could have the attention span to read this to the end...

2020-03-24 11:40:24 UTC  

so like if we're in t+10 months

2020-03-24 11:40:33 UTC  

and lockdown is removed

2020-03-24 11:40:33 UTC  

Assume they spend 500bn, that's a tiny fraction of the total money supply

2020-03-24 11:40:43 UTC  

and businesses haven't changed anything since the injection

2020-03-24 11:40:47 UTC  

i don't see them doing it then

2020-03-24 11:40:59 UTC  

yeah but its still going to have a significant effect

2020-03-24 11:41:11 UTC  

obviously £12 for a pint of milk is an extreme example

2020-03-24 11:41:13 UTC  

To have 100% inflation for a year would need you to effectively increase the money supply by 10x

2020-03-24 11:41:44 UTC  

for that to happen you need to be in a state where people outside of your country are demanding things

2020-03-24 11:41:46 UTC  

I suspect they'll use the Japanese model - buy back the debt over time and write it off

2020-03-24 11:41:57 UTC  

i don't think we're in that place at all

2020-03-24 11:42:22 UTC  

I think the world is trying to invent it's way out of this

2020-03-24 11:43:02 UTC  

Worth the watch guys

2020-03-24 11:47:18 UTC  

feb retail sales figures on thursday... thatll be interesting

2020-03-24 11:47:33 UTC  

interesting, but somewhat meaningless

2020-03-24 11:47:33 UTC  

or I guess marches will be more interesting

2020-03-24 11:49:58 UTC  

How’re they doing court hearings then?

2020-03-24 11:52:00 UTC  

I don't doubt they'll continue to lock up crooks

2020-03-24 11:52:09 UTC  

Most court cases don't have juries here, remember

2020-03-24 11:52:34 UTC  

yeah majority of cases are vid conf anyway apparently

2020-03-24 11:57:50 UTC  

Nah they’re telephone conferences

2020-03-24 11:58:29 UTC  

As far as i can tell, they’re doing public enquiries by video conferencing

2020-03-24 11:58:39 UTC  

Telephone conferences are still happening though

2020-03-24 12:03:23 UTC  

He can furlough them on 80% at least

2020-03-24 12:03:32 UTC  

What a waster

2020-03-24 12:03:44 UTC  

That's just the anti-brexit leftist media hating on him because he supported brexit

2020-03-24 12:05:32 UTC  

@Crafty To be fair Supermarkets do need more support.

2020-03-24 12:05:48 UTC  

yeah this is from r/uk

2020-03-24 12:05:52 UTC  

they're fuming

2020-03-24 12:05:58 UTC  

REEEEE!

2020-03-24 12:06:11 UTC  

Surprised FF isn't in here sperging about it 🙂