I like ugly bikes and bodges
Caveat: I have only vague notions about what some of these words even mean
But I think the idea is that quantitative easing and (consequent?) low interest rates has resulted in massive inflation of asset prices whilst keeping CPI-type measures fairly controlled. And somehow, sooner or later, this money is going to end up in the hands of normal consumers who will spend it all and send prices skyrocketing. I don't know what the mechanism is for that 🤷♂️
I think a big inflation "correction" is what Michael Burry (of Big Short fame) has been talking about.
6% inflation rate
6% inflation rate
Live footage of me and my flat deposit:
Starting early today on Friday Gravé Shitpost Session are we?
G Ones and suspension fork at the same time: some sort of pothole cruiser?
He was writing/working during the Spanish flu so he must have had some thoughts on it. But oddly Google is giving me nothing
I guess I am using "pandemic" as a byword for economic depression there.
I am also categorically not an economist. Don't look too deep into my surface-level analysis 🙂
Isn't "don't raise taxes in a pandemic" plain old Keynesian economics? As opposed to some kind of pro-business political stance
For bike-discount.de, the minimum order is £175, which would put it over the VAT/customs threshold. German VAT is subtracted already.
On that basis looks like no more cheap German parts for us as it would seem to cost the same amount to buy from the UK 😰
The boingy is part of the headset isn't it? At least it is on my flatmate's Diverge
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