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PansPurse

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PansPurse last won the day on August 10 2018

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  1. I live by the tomato philosophy. The moment you ripen is the moment you start to decay...
  2. Yeah I've basically given up on most of this forum as beyond hope and not worth my energy. Shame really, I quite enjoyed this hobby.
  3. I have to say checking in on this thread every now and then is hilarious and illuminating. Managing to twist a clear dog-whistle racist remark into a pedantic treatise on nouns is obfuscation of the highest order.
  4. Just out of curiosity, who here would have been in favour of the prime minister having a carte-blanche power to prorogue parliament had Jeremy Corbyn been the prime minister?
  5. Have one or two Franklin's if interested
  6. £spot plus postage. Long story short, unexpected vets bills and the student loans company can form a heck of a tag team.
  7. Hi, I'd like to be put down for my existing two from last year plus one either side if either goes unclaimed (so, two or three depending, I think)
  8. https://www.youtube.com/watch?v=-nZkP2b-4vo
  9. That's frankly bunkum. Inflation is an inevitable by-product of any financial system that permits the extension of credit. Without the ability to extend credit you stymie economic growth. Saying that all inflation is a result of governments printing money simply isn't a reflection of how the financial systems work. Also please don't conflate economic growth with inflation, this is not a zero sum game. Also Venezuela is an unhelpful example. Conflating any inflation with hyperinflation doesn't really serve any purpose than to push an absolutist view that anything other than physical assets are unimportant.
  10. By the same logic all gold standard currencies have eventually failed. PMs asa monetary system is fundamentally limited because it has no mechanism for economic growth short of obtaining more gold.
  11. Short Answer: there are people who'll tell you that the sky is about to fall... but they or those like them have been saying that for a long time. Longer Answer: Gold / other PMs are commonly agreed to be a good safe haven asset but probably aren't the best bet for making returns and should probably form part of a diverse portfolio of investments. (Coin collecting is a subtly different aspect of it because sometimes it's just nice having a nice physical object.) IMHO a certain amount of the crowd that expect some kind of utterly calamitous collapse of the financial system stem from some people deliberately stoking ear/expectation of massive gains in order to sell something (typically bullion). People like Silver Doctors will happily tell you from dawn to dusk that the dollar is about to collapse while happily selling you bullion. Long story short, be careful about whose advice you take (including mine) and be aware that there are paranoid conspiracy theorists, snake oil salesmen, and also genuinely lovely and helpful people in the community.
  12. I mean, we have a term for countries that aren't able to effectively tax their populace and invest said money in infrastructure and public services, I believe the common term is "failed states" and if you'd rather live in one of those then good luck to you.