Taffaroo

look out, the pokies are going to be running red hot with my new found wealth.

jazzys

So is that it then, finalised or did i read something about another vote next week?

And when will it be paid, anyone any idea?

jazzys

moneypenny20

Why not just forget about it and then if and when it appears in your bank account, spend it or save it.

Taffaroo

Rumour has it some of the money will be dispersed in the form of pokie tokens, they are commonly known as coins lol.

NigelWaring

They did very little in the 30s, they believed in market forces, the very thing that Bush believes in and one of the major factors in our current situation. The various governments around the world in the 30s believed that they should not intervene. It was David Keynes, later Lord Keynes who proposed government spending as a way of stimulating the economy and bringing the great depression to an end. He explained, with good theoretical evidence, that everything that the government spent goes through the economy at least five times before it has all been returned to the government in the form of taxation, nowadays this is called the velocity of money. Eventually the UK Government did try stimulating the economy by using government spending, it was soon very obvious that it was working and other countries started to do the same thing. On the negative side it did cause inflation which could also cause unemployment, in those days the economists really knew very little about global markets, since then they have learnt a lot and can now handle things much better, if it were not for their slight skills the current situation would be far worse than the 30s depression. The economists still have a lot to learn but with each crisis they gain more knowledge, it will be a very long time, measured in 100s of years, before their knowledge peaks.

Incidentally the quickest way of returning the money to the government is by putting it through the pokies but it is of very little benefit to the population, it did enable the Victorian Government to have a gambling led recovery of its economy by allowing many pullems, paying off all its debts quickly, mainly the stupid ones lost their money, the rich kept theirs.