Comments by "Wolfie Street" (@wolfiestreet6899) on "Cost of living crisis: Britons warned there's worse to come" video.

  1.  @donaldduck5731  Wrong. There is no natural level. The central banks typically have but two mandates. One is to encourage full employment, the other is to regulate inflation. They have two tools to do this with. Money supply (debt), and the cost of money supply (interest rates on debt). They adjust the interest rate according to the mandate targets. The aim is for full employment and inflation at 2%. Full employment can lead to higher inflation so up go the interest rates to discourage borrowing and spending. Lower employment can cause recession so down go the rates to encourage borrowing and spending.
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  2. After huge losses in 2020. It's called business mate.
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  3. Imagine we were not conditioned to keep looking to government to solve every problem....
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  4. Because Labour would be better??!! Who will they make chancellor, Diane Abacus Abbott??!!
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  5. No, the only expedient method is interest rates.
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  6.  ThuleanPerspective Archive  Damn right.
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  7.  @ratgrot3184  Meaningless comment. Next?
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  8. Straight after one of their biggest losses, when futures contracts ended up being less than worthless. It's not the oil companies that caused this problem....
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  9.  @pureplay7071  Yet, they could be. Really, we need a new alternative.
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  10.  @b62boom1  I'm no fan of the Tories. I've transcended political partisanship. People keep blaming the Conservatives while similar policies are enacted all over the world.... Penny dropped yet?
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  11.  @Chowmein977  Explain, mate.
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  12. Define 'natural' level?
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  13. After record losses.
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  14. Rubbish. It has to do with both, one is not exclusive of the other. Get your infantile economic understanding out of here!!
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  15. Tldr.
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  16.  @SamuelBlack84  No such thing as rights. Existence is indifferent.
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  17.  @SamuelBlack84  Competition is as nature intended. We didn't invent it.
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  18.  @NS-jm1yj  No, because they were given handouts. Oil companies were not....
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  19.  @NS-jm1yj  Source?
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  20.  @NS-jm1yj  Cognitive dissonance. Right there.
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  21. Nope, nothing to do with tax.
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  22.  @KasumiTendo1  My god man, get over it!! Go get help!!
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  23. Nope, it's all about money supply.
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  24. It was Labour who devolved responsibility of monetary policy to the BofE. How's that going?
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  25.  Laura UK   And how have they come about this windfall?
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  26.  @b62boom1  👈Jonathan Pie fan. Stuck in the boomer truth regime.
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  27.  @b62boom1  👈Young Turks fan. A literal cliché.
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