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Search: Posts Made By: RoadWarriorFromLP
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Sep 30th 2014, 11:24 am
Replies: 2,328
Views: 109,535
Posted By RoadWarriorFromLP

Re: the Scottish independence issue

I wasn't being literal, but GDP can be expressed as money supply X money velocity.

I wasn't referring to a price, but to the amount of economic activity. Too little activity is deflationary;...
Sep 29th 2014, 8:31 pm
Replies: 2,328
Views: 109,535
Posted By RoadWarriorFromLP

Re: the Scottish independence issue

The economy basically consists of a bunch of people who pass money around to each other. When we pass it around at a decent clip (but not to excess), then times are good and we keep each other...
Sep 29th 2014, 5:55 pm
Replies: 2,328
Views: 109,535
Posted By RoadWarriorFromLP

Re: the Scottish independence issue

For a country to control its monetary policy, it has to control its money.

In other words, a country has to have its own currency for this work. Not all of them do, with Euroland being the...
Sep 29th 2014, 5:33 pm
Replies: 2,328
Views: 109,535
Posted By RoadWarriorFromLP

Re: the Scottish independence issue

There are functioning, successful governments that disprove that thesis, year after year after year.

A country that controls its own currency can operate with deficit spending if it has sufficient...
Sep 29th 2014, 1:36 am
Replies: 2,328
Views: 109,535
Posted By RoadWarriorFromLP

Re: the Scottish independence issue

To be fair, it seems that the supporters were primarily lower-income younger people who are getting the short end of the stick.

I don't know how much of this sentiment from the voters is...
Sep 22nd 2014, 12:40 am
Replies: 2,328
Views: 109,535
Posted By RoadWarriorFromLP

Re: the Scottish independence issue

That's a fair point, and one that I hadn't considered. Without defining what a "citizen" is, this could be quite unfair.

Still, it strikes me as an outsider with no skin in this particular game...
Sep 20th 2014, 4:31 pm
Replies: 2,328
Views: 109,535
Posted By RoadWarriorFromLP

Re: the Scottish independence issue

The issue isn't so much about the specific affiliation between the big entity and the would-be breakaway, but with the disruption that comes from dredging it up and hashing it out.

It's like...
Sep 20th 2014, 2:35 am
Replies: 2,328
Views: 109,535
Posted By RoadWarriorFromLP

Re: the Scottish independence issue

I would expect it to be more akin to the Quebec situation: a PITA that is used inappropriately for political leverage.
Sep 19th 2014, 10:19 pm
Replies: 2,328
Views: 109,535
Posted By RoadWarriorFromLP

Re: the Scottish independence issue

I would suggest that the Quebec separatist movement has, on the whole, been bad for the province and a headache for Canada. The political schism associated with it is bad for business and creates an...
Sep 19th 2014, 10:02 pm
Replies: 2,328
Views: 109,535
Posted By RoadWarriorFromLP

Re: the Scottish independence issue

I don't see what's odd or sad about that. A significant minority of the population voted in favor of this.

Is that sentiment just going to disappear overnight? If it isn't (and I presume that...
Sep 19th 2014, 4:27 am
Replies: 2,328
Views: 109,535
Posted By RoadWarriorFromLP

Re: the Scottish independence issue

The BBC has called it for "no": BBC News - Scottish referendum: Voters to reject independence - BBC (http://www.bbc.com/news/uk-scotland-29270441)
Sep 19th 2014, 4:08 am
Replies: 2,328
Views: 109,535
Posted By RoadWarriorFromLP

Re: the Scottish independence issue

About 58% of the remaining votes would have to be yes votes in order to win a majority. That seems unlikely.
Sep 19th 2014, 3:03 am
Replies: 2,328
Views: 109,535
Posted By RoadWarriorFromLP

Re: the Scottish independence issue

Time zones are a matter of international treaty, and countries can choose what they want to do. It's not as if Britain has some sort of copyright on GMT that can be used to prevent others from using...
Showing results 1 to 13 of 13


 
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