Finance Friday | Being British
If the price of food keeps going up, I can see the geese in the picture ending up in people’s pots or even ending up as goose curry. There appears to less of them than there were last summer anyway. I’m told their numbers go down around Christmas too. I keep seeing union flags and English flags everywhere. The former for the Jubilee and the latter because of the soccer. The Bank of England seems on the verge of printing more money with it’s quantitative easing program. A number of executives are about to get even bigger bonuses. Some celebrities have revealed their tax avoidance schemes. Austerity still rules for the ordinary people. Even the doctors have been on strike; so I hear. The ruling classes have donned their top hats and funny hats in order to enjoy the champagne and horse racing at Royal Ascot. I’m proud to be bleeding British… (more…)
Finance Friday | Frugal living
I edited a guest blog earlier by Fairy Dharawat about how we buy things habitually and how that tendency can be used to merchandise more successfully. How can we resist the attempts by the larger retailers to persuade us to buy more, when we are trying to buy less and save? We can be aware that we do get into habits and buy the same things every week. Some retailers change their stores around a lot and we complain because we can’t find anything or because our shopping takes longer. We have to actually think instead of buying by force of habit. I went shopping the other day and I have got into the habit of buying a soft drink when I enter the store, but it wasn’t there. They had replaced it with cider and so I didn’t buy any. The changes can be more subtle and clever though and we do end up spending more money. (more…)
Fixing the Global Economy!
Quantitative Easing
The Bank of England says it saved us from a double dip recession with quantitative easing, so why are things still stagnating? Have they really fixed anything or are they trying to inflate their way out of the problem of massive debts? We still appear to be suffering from higher prices, higher unemployment, higher energy and housing costs, crippling taxation and on top of that we have David Cameron running the country! (more…)
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