Click here to Skip to main content
15,896,118 members

Welcome to the Lounge

   

For discussing anything related to a software developer's life but is not for programming questions. Got a programming question?

The Lounge is rated Safe For Work. If you're about to post something inappropriate for a shared office environment, then don't post it. No ads, no abuse, and no programming questions. Trolling, (political, climate, religious or whatever) will result in your account being removed.

 
AnswerRe: Testers coding bug fixes directly? Pin
Ravi Bhavnani12-Apr-14 16:44
professionalRavi Bhavnani12-Apr-14 16:44 
GeneralRe: Testers coding bug fixes directly? Pin
Philippe Mori13-Apr-14 2:44
Philippe Mori13-Apr-14 2:44 
GeneralAny economist here Pin
AndyInUK10-Apr-14 6:49
AndyInUK10-Apr-14 6:49 
GeneralRe: Any economist here Pin
Pete O'Hanlon10-Apr-14 6:55
mvePete O'Hanlon10-Apr-14 6:55 
GeneralRe: Any economist here Pin
Kenneth Haugland10-Apr-14 9:13
mvaKenneth Haugland10-Apr-14 9:13 
GeneralRe: Any economist here Pin
User 171649210-Apr-14 7:43
professionalUser 171649210-Apr-14 7:43 
GeneralRe: Any economist here Pin
Munchies_Matt10-Apr-14 8:51
Munchies_Matt10-Apr-14 8:51 
GeneralRe: Any economist here Pin
Duncan Edwards Jones10-Apr-14 22:50
professionalDuncan Edwards Jones10-Apr-14 22:50 
It will impact inflation yes - but because of the creation of money behind those mortgages will increase the amount of money in the economy.

What happens is - you walk into the bank and borrow £250k. The bank creates an asset (the mortgage) from that and transfers electronic money backed by that asset to you. They have a zero sum (ish) thing going on but £250k that didn't exist in the economy before the transaction has come into being. If everyone does this vast sums of money "just come into being" and more money chasing the same supply of products and services pushes up prices.

Something like 90% of the money in the UK economy came into being this way.
GeneralRe: Any economist here Pin
JimmyRopes11-Apr-14 0:30
professionalJimmyRopes11-Apr-14 0:30 
QuestionCan any USians confirm? Pin
Keith Barrow10-Apr-14 6:01
professionalKeith Barrow10-Apr-14 6:01 
AnswerRe: Can any USians confirm? Pin
PIEBALDconsult10-Apr-14 6:06
mvePIEBALDconsult10-Apr-14 6:06 
JokeRe: Can any USians confirm? PinPopular
ZurdoDev10-Apr-14 6:08
professionalZurdoDev10-Apr-14 6:08 
GeneralRe: Can any USians confirm? PinPopular
Bassam Abdul-Baki10-Apr-14 6:18
professionalBassam Abdul-Baki10-Apr-14 6:18 
GeneralRe: Can any USians confirm? Pin
ZurdoDev10-Apr-14 6:21
professionalZurdoDev10-Apr-14 6:21 
GeneralRe: Can any USians confirm? Pin
Bassam Abdul-Baki10-Apr-14 6:26
professionalBassam Abdul-Baki10-Apr-14 6:26 
GeneralRe: Can any USians confirm? Pin
Kyudos10-Apr-14 12:54
Kyudos10-Apr-14 12:54 
GeneralRe: Can any USians confirm? Pin
Keith Barrow10-Apr-14 6:37
professionalKeith Barrow10-Apr-14 6:37 
GeneralRe: Can any USians confirm? Pin
ZurdoDev10-Apr-14 6:52
professionalZurdoDev10-Apr-14 6:52 
GeneralRe: Can any USians confirm? Pin
  Forogar  10-Apr-14 8:17
professional  Forogar  10-Apr-14 8:17 
GeneralRe: Can any USians confirm? Pin
ZurdoDev10-Apr-14 8:18
professionalZurdoDev10-Apr-14 8:18 
AnswerRe: Can any USians confirm? PinPopular
Shelby Robertson 10-Apr-14 6:25
Shelby Robertson 10-Apr-14 6:25 
GeneralRe: Can any USians confirm? Pin
Ian Shlasko10-Apr-14 7:06
Ian Shlasko10-Apr-14 7:06 
GeneralRe: Can any USians confirm? Pin
Roger Wright10-Apr-14 7:46
professionalRoger Wright10-Apr-14 7:46 
AnswerRe: Can any USians confirm? PinPopular
Vark11110-Apr-14 6:31
Vark11110-Apr-14 6:31 
GeneralRe: Can any USians confirm? Pin
DoStuffZ10-Apr-14 21:31
DoStuffZ10-Apr-14 21:31 

General General    News News    Suggestion Suggestion    Question Question    Bug Bug    Answer Answer    Joke Joke    Praise Praise    Rant Rant    Admin Admin   

Use Ctrl+Left/Right to switch messages, Ctrl+Up/Down to switch threads, Ctrl+Shift+Left/Right to switch pages.