On Wed, 20 Mar 2013 21:21:32 -0000, "Hotblack Desiato"
<
trash855...@yahoo.co.uk> wrote:
>"abelard" wrote in message
>news:i29kk8l2oapfnhm83...@4ax.com...
>
>On Wed, 20 Mar 2013 21:01:09 -0000, "Hotblack Desiato"
><
trash855...@yahoo.co.uk> wrote:
>
>>>"abelard" wrote in message
>>>news:0p6kk81qrmb2fmsq6...@4ax.com...
>>>
>>>On Wed, 20 Mar 2013 13:22:11 -0700 (PDT), Roger Dewhurst
>>><
dewhurs...@gmail.com> wrote:
>>>
>>>>> He will push house prices up
>>>
>>>>good...more people with capital...
>>>
>>>Which will come from where?
>>
>>god...
>hmm
>>growth...
>Not really. normal salaries have remained largely stagnant through decades
>of growth .. this has been largely covered buy dangerous lending practices
>which we really don't want to return to
why not?
values are relative...a lot of idiots have been valuing gold recently.
sell it and buy houses...
inflation raises asset prices...then the profits can buy flat screen
tellies...meanwhile productivity lowers the prices of the
tellies...
split you 35 metre flat into two....and sell part or rent both...and
go live in orkney
gdp is mostly a load of toss...
>>redistribution...
>Possibly
>>inflation...
>Can't really see how the economy benefits from that one
will people dig a hole in your garden for �200 or �400?
wages are being eroded...that makes labour cheaper...
labour (except 'new' labour!) makes things...even holes
>>the government...
>The government doesn't have any money
the government 'owns' *huge* amounts of real estate...
>>increased productivity...
>At last.. increased productivity.. That is the only thing that can fund it.
not if you try believing in 'gdp' instead of reality
>People have to become more and more productive in order to have more money
the industrial revolution and much else advance keeps that happening
year by year...
this year's car or tv is better than last years...this year's carpet
making machine is faster and better than last years...
repeat, gdp is toss
>to spend on the same damn house. But as productivity has been on the rise
>for decades and normal salaries haven't really moved upwards much, all
>people can effectively do is get more and more jobs .. yeah .. you can see
>that's a very short cul-de-sac
that is false...the same wage will buy a better tv this year...
constant deflation and static wage is rising living standards
government numbers are toss
>>russian and arabic immigrants...
>A vote for immigration ? .. seriously? .. Where do you see, normal every day
>people living in the future? .. is it actually the gutter or is that even
>too good for the fucking plebs?
smaller units if you keep importing more forriners...
the orkneys if you start building in the scotchland and stop
fussing about planning permission in wales
repeat, government stats are toss