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Why don't we just price cap whatever we don't like paying for. Is there any rhyme or reason to Corbyn's plans?
Personally I want fuel prices to be 40p per litre (or less) so that I can afford to travel around the country and enjoy friendship, food, music, comedy, sport, and banter, (in short - life as it should be lived!). I would prefer Labour to promise a 70% reduction in the price of petrol rather than to promise free broadband at the expense of investors in BT (hardworking people are going to end up losing a large percentage of their pensions due to Corbyn's barmy ideas - how is that in keeping with the Labour ethos of a fairer society?).
Below are some thoughts about the likely impact of the distribution function of salaries (wages) on the economy.
If Bill Gates took 0.5% of his wealth to the Sainsburys in Ealing (on Melbourne Avenue) and randomly purchased items until he ran out of money how many items would be left in the supermarket for other people?
If Ma Huateng or Jack Ma spent 0.1% of their instantly available money (cash, cheque, or card) on purchasing £1 bars of chocolate how many could they purchase?
If Wayne Rooney went down to his local supermarket how many Cauliflowers would he be able to pay for and take home with him for a week's wages? How many transit vans would be needed to transport the cauliflowers if each van was only used once. Assuming the distance the cauliflowers were to be transported was 22 miles - how many litres of petrol would be needed?
Why has there been a supposed large increase in the number of dollar billionaires globally since the turn of the 21st century? What happened to government promises of financial stability?
If Jeff Bezos decided to spend 1% of his total wealth on call girls - hiring as many as he could in one week - what is the maximum a call girl could earn if she knew Jeff Bezos' plans, and if she knew that there were only 250 other call girls within a 500 mile radius (251 in total including herself); and also, that Jeff Bezos would only use call girls within 500 miles of his main residence. Also, if she knew that the other call girls would initially charge $250 per hour but would increase their prices quadratically as a function of their number of confirmed bookings (all bookings being one hour long) multiplied by the inverse of the free hours left in their working week (i.e., 1 / the free hours left in their working week ).
Personally I want fuel prices to be 40p per litre (or less) so that I can afford to travel around the country and enjoy friendship, food, music, comedy, sport, and banter, (in short - life as it should be lived!). I would prefer Labour to promise a 70% reduction in the price of petrol rather than to promise free broadband at the expense of investors in BT (hardworking people are going to end up losing a large percentage of their pensions due to Corbyn's barmy ideas - how is that in keeping with the Labour ethos of a fairer society?).
Below are some thoughts about the likely impact of the distribution function of salaries (wages) on the economy.
If Bill Gates took 0.5% of his wealth to the Sainsburys in Ealing (on Melbourne Avenue) and randomly purchased items until he ran out of money how many items would be left in the supermarket for other people?
If Ma Huateng or Jack Ma spent 0.1% of their instantly available money (cash, cheque, or card) on purchasing £1 bars of chocolate how many could they purchase?
If Wayne Rooney went down to his local supermarket how many Cauliflowers would he be able to pay for and take home with him for a week's wages? How many transit vans would be needed to transport the cauliflowers if each van was only used once. Assuming the distance the cauliflowers were to be transported was 22 miles - how many litres of petrol would be needed?
Why has there been a supposed large increase in the number of dollar billionaires globally since the turn of the 21st century? What happened to government promises of financial stability?
If Jeff Bezos decided to spend 1% of his total wealth on call girls - hiring as many as he could in one week - what is the maximum a call girl could earn if she knew Jeff Bezos plans, and if she knew that there were only 250 others call girls within a 500 mile radius of Jeff Bezos and that the other call girls would initially charge $250 per hour but would increase their prices quadratically as a function of their number of confirmed bookings (all bookings being one hour) multiplied by the inverse of the number of unbooked hours left in their working week (i.e., 1 / the number of unbooked hours left in their working week ).
Centrica has so much against it these days,I just can't honestly see how they will survive. They've not adapted to modern times and i bet their losses will be huge again in the current 6month period. All very grim.
No RNS about the Price cap review? The energy supply lobby is so weak. The water industry is worse in ripping off customers with high bills and zero investment into assets leading to burst pipes, flooding and sewage spills.
The housing industry lobby is the greatest, they get to rip people off and get the government to pay 20% deposit of fake freeholds and paper houses.
www.bloomberg.com/amp/news/articles/2019-11-13/centrica-unit-wins-court-review-of-u-k-s-price-cap-on-tariffs