Referendum BoRiNgNeSs!!
- Thread starter Makkuro
- Start date
Re:Referendum madness
Where to begin...
1) The European Central Bank is thoroughly undemocratic. The board of directors is prohibited from taking instructions from democratically elected politicians. The minutes of their meetings are classified for thirty years (to compare with Sweden's two weeks).
2) It's a step towards creating a United States of Europe.
3) It's economically unsafe. The best protection any economy has against recessions is a floating currency. Last time we tried to tie the Crown to another currency, it resulted in interest rates of 500% and tens of thousands of lost jobs.
There's more, but I'm tired right now.
Oltobaz said:
Where to begin...
1) The European Central Bank is thoroughly undemocratic. The board of directors is prohibited from taking instructions from democratically elected politicians. The minutes of their meetings are classified for thirty years (to compare with Sweden's two weeks).
2) It's a step towards creating a United States of Europe.
3) It's economically unsafe. The best protection any economy has against recessions is a floating currency. Last time we tried to tie the Crown to another currency, it resulted in interest rates of 500% and tens of thousands of lost jobs.
There's more, but I'm tired right now.
Vampire_Hunter_Bob
Cats are great
Re:Referendum madness
Do me a favor and walk in front of a speeding car.
Makkuro said:
Do me a favor and walk in front of a speeding car.
Vampire_Hunter_Bob
Cats are great
Re:Referendum madness
No that would be rude, you first.
EDIT: Ok i'll stop talking in this thread, if Makkuro agrees to stop mentioning me in every post he makes.
Makkuro said:
No that would be rude, you first.
EDIT: Ok i'll stop talking in this thread, if Makkuro agrees to stop mentioning me in every post he makes.
Re:Referendum madness
Haha, yeah i heard somethin' about this.
couple quick questions for mak:
Hmm... i thought the point of an appointed board of directors for a central bank was so that they do what's best for the economy, rather than what's best for their campaign. If they listen to elected officials, isn't there a danger that politicians will tell them what to do (what's best for their campaign) rather than them working for the economy? Maybe i don't know what i'm talking about here, i'm just comparing this to what i learned about the U.S. Fed in Macro.
Did you by chance mean 500% inflation here? 500% interest rate sounds like a great time to start a savings account .
Haha, yeah i heard somethin' about this.
couple quick questions for mak:
Hmm... i thought the point of an appointed board of directors for a central bank was so that they do what's best for the economy, rather than what's best for their campaign. If they listen to elected officials, isn't there a danger that politicians will tell them what to do (what's best for their campaign) rather than them working for the economy? Maybe i don't know what i'm talking about here, i'm just comparing this to what i learned about the U.S. Fed in Macro.
Did you by chance mean 500% inflation here? 500% interest rate sounds like a great time to start a savings account .MangyKid Ver.4.3
Champion!
Re:Referendum madness
Like Lire! Sweet, sweet, lire...
Like Lire! Sweet, sweet, lire...
Re:Referendum madness
Or the rupee... quite possibly the coolest sounding currency.
So Makkuro, the motion was defeated ? I thought after that lady politician's death, there was a new surge of support for the Euro in Sweden since she was the biggest proponent of it. It must have been a close vote then...
Or the rupee... quite possibly the coolest sounding currency.
So Makkuro, the motion was defeated ? I thought after that lady politician's death, there was a new surge of support for the Euro in Sweden since she was the biggest proponent of it. It must have been a close vote then...
Re:Referendum madness
Yeah, well, that's democracy for ya. In theory, at least, the politicians are supposed to represent the people. The board of directors, however, are just a bunch of bureaucrat without democratic legitimacy.
Nope, I meant the central bank's interest rates. All it did was make it a really bad time do get a loan, I doubt it affected the savings accounts much.
Not really, we pretty much creamed them. 56% to 41%, baby! What I think her death did, was get people to vote who otherwise wouldn't have. And since it's usually the lower classes that don't vote, and since they are the ones who were most negative, in the end the murder may actually have benefitted my side. That's irony for ya.
himura_kenshin said:
Yeah, well, that's democracy for ya. In theory, at least, the politicians are supposed to represent the people. The board of directors, however, are just a bunch of bureaucrat without democratic legitimacy.
Nope, I meant the central bank's interest rates. All it did was make it a really bad time do get a loan, I doubt it affected the savings accounts much.
Bok Choy [Stir-fried with Rice] said:
Not really, we pretty much creamed them. 56% to 41%, baby! What I think her death did, was get people to vote who otherwise wouldn't have. And since it's usually the lower classes that don't vote, and since they are the ones who were most negative, in the end the murder may actually have benefitted my side. That's irony for ya.
Re:Referendum madness
*shrug* yeah i suppose there's advantages and disadvantages either way.
Wow. Was it at least accompanied by high inflation rates? It seems almost impossible to take out a loan with 500% interest rates with low inflation.
*shrug* yeah i suppose there's advantages and disadvantages either way.
Wow. Was it at least accompanied by high inflation rates? It seems almost impossible to take out a loan with 500% interest rates with low inflation.
Re:Referendum madness
Well, when the Crown was set free, it plummeted by about 20%, so yeah, you could say the inflation was pretty high.
himura_kenshin said:Wow. Was it at least accompanied by high inflation rates? It seems almost impossible to take out a loan with 500% interest rates with low inflation.
Well, when the Crown was set free, it plummeted by about 20%, so yeah, you could say the inflation was pretty high.
R
Radzeke
Guest
Re:Referendum madness
Makkuro said:
YEAH, EURO WISH!!! HAHAHAHAH! GET IT!? THROW IN REGULAR SHOWERS WHILE YOU’RE AT IT, EH McCoY-RO!? HO HO HO
Majin_Tenshi
The can opener went bye-bye...
and he returns...
Whenever the glimmer of inteligent discuscion rears its head, McCoy will smash is with the hammer of glow-text!
Whenever the glimmer of inteligent discuscion rears its head, McCoy will smash is with the hammer of glow-text!
What's McCoy anyway?
Vampire_Hunter_Bob
Cats are great
himura_kenshin said:
http://userwww.service.emory.edu/~dmcco01/McCoy/diversion.html
- Bob
o..k.... it was basically a hillbilly feud.... so what does that have to do with..... anything? Why is "MyCoy!" used so much around here, usually along w/ that ghost gif?
Why is "MyCoy!" used so much around here, usually along w/ that ghost gif?Majin_Tenshi
The can opener went bye-bye...
it has nothing to do with anything, which in some context, makes things funny, just not this one.himura_kenshin said:o..k.... it was basically a hillbilly feud.... so what does that have to do with..... anything?
Hmm... odd... *shrug*
M
medievald00d
Guest
You had to be at the McCoy branding festival to understand...himura_kenshin said: