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politicalbetting.com » Blog Archive » Biden trailing badly in terms of the enthusiasm of his backers

SystemSystem Posts: 12,170
edited March 2020 in General

imagepoliticalbetting.com » Blog Archive » Biden trailing badly in terms of the enthusiasm of his backers

This is a good polling question and one that I attach importance to – just how enthusiastic are your backers. This, surely is something that will show when it comes to election day and how many of your backers will actually be bothered to turn out. The comparison with Trump supporters is striking.

Read the full story here


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Comments

  • Ninth.
  • FloaterFloater Posts: 14,207
    edited March 2020
    First errr Second :smiley:
  • BenpointerBenpointer Posts: 34,695
    edited March 2020
    First for once!

    Edit: Ah damn and blast! :lol:
  • FloaterFloater Posts: 14,207

    First for once!

    Floater and Lucy wave :wink:
  • BenpointerBenpointer Posts: 34,695
    Floater said:

    First for once!

    Floater and Lucy wave :wink:
    Lol!
  • BenpointerBenpointer Posts: 34,695
    Trump is sending people to restaurants?!
  • rottenboroughrottenborough Posts: 62,766
    The Herd Immunity row rumbles on...

    https://twitter.com/DPJHodges/status/1244314312602202114

    See the replies.
  • rottenboroughrottenborough Posts: 62,766
    eadric said:
    La Peste.
  • MalmesburyMalmesbury Posts: 50,370

    eadric said:
    La Peste.
    I remember the cockroaches - they would probably kidnap the rats.
  • isamisam Posts: 41,118

    First line is weekly deaths in 2020, next line is average over the last 5 years for the corresponding week


  • Andy_JSAndy_JS Posts: 32,601

    The Herd Immunity row rumbles on...

    https://twitter.com/DPJHodges/status/1244314312602202114

    See the replies.

    Herd immunity remains the only way to stop the virus, either through a vaccine or through sufficient numbers of people being infected. It's just a question of how you manage it over time.
  • eggegg Posts: 1,749
    Capitalism faces pandemic test. Central banks must get cash to those in need.

    Any data yet how the “whatever it takes money” flowing to where it’s needed?

    A starting point would be those whose income is now zero, won’t get any virus support till June, to at least have the knowledge they are now signed on for state aid not 103,657th in a queue?
  • MikeLMikeL Posts: 7,708
    Trump extends guidelines to 30 April.

    Says "good things" will be happening by 1 June.

    Sounds like major backtracking.
  • numbertwelvenumbertwelve Posts: 6,814
    Trump isn’t very... reassuring, is he?
  • rottenboroughrottenborough Posts: 62,766
    Andy_JS said:

    The Herd Immunity row rumbles on...

    https://twitter.com/DPJHodges/status/1244314312602202114

    See the replies.

    Herd immunity remains the only way to stop the virus, either through a vaccine or through sufficient numbers of people being infected. It's just a question of how you manage it over time.
    Or perhaps it mutates to harmless?
  • rottenboroughrottenborough Posts: 62,766
    https://twitter.com/JenWilliamsMEN/status/1244382574866243588

    Brave effort to set us all off again, but we've moved on.
  • rottenboroughrottenborough Posts: 62,766
    eadric said:

    LADIES AND GENTLEMEN, THERE IS NOTHING TO BE ALARMED ABOUT

    https://twitter.com/coronavirususa0/status/1244272566417739786?s=21

    Not exactly a surprise though is it?
  • EndillionEndillion Posts: 4,976

    Andy_JS said:

    The Herd Immunity row rumbles on...

    https://twitter.com/DPJHodges/status/1244314312602202114

    See the replies.

    Herd immunity remains the only way to stop the virus, either through a vaccine or through sufficient numbers of people being infected. It's just a question of how you manage it over time.
    Or perhaps it mutates to harmless?
    That doesn't help us much anymore, given how widespread the current incarnation is. One copy of the virus in one person might become harmless, but there's still all the other millions out there which can carry on infecting.
  • MalmesburyMalmesbury Posts: 50,370

    Andy_JS said:

    The Herd Immunity row rumbles on...

    https://twitter.com/DPJHodges/status/1244314312602202114

    See the replies.

    Herd immunity remains the only way to stop the virus, either through a vaccine or through sufficient numbers of people being infected. It's just a question of how you manage it over time.
    Or perhaps it mutates to harmless?
    Pretty unlikely for this, I understand
  • rottenboroughrottenborough Posts: 62,766
    Blimey, has the penny dropped with Trump that lots of people will die.

    He keeps saying 2.2m dead over and over again.
  • rottenboroughrottenborough Posts: 62,766
    Easter was "aspirational"

    Massive back track from Trump here I reckon.
  • eggegg Posts: 1,749

    https://twitter.com/JenWilliamsMEN/status/1244382574866243588

    Brave effort to set us all off again, but we've moved on.

    Only to BINO , so far
  • NigelbNigelb Posts: 71,225
    edited March 2020
    Endillion said:

    Andy_JS said:

    The Herd Immunity row rumbles on...

    https://twitter.com/DPJHodges/status/1244314312602202114

    See the replies.

    Herd immunity remains the only way to stop the virus, either through a vaccine or through sufficient numbers of people being infected. It's just a question of how you manage it over time.
    Or perhaps it mutates to harmless?
    That doesn't help us much anymore, given how widespread the current incarnation is. One copy of the virus in one person might become harmless, but there's still all the other millions out there which can carry on infecting.
    It does if the less deadly mutations are more efficient at infecting people, which tends to happen over time with most dangerous viruses.
    This one looks to be pretty efficient at getting into us already, though, so in this case you’re possibly right.
    It’s not mutating at a fast rate, either.
  • rcs1000rcs1000 Posts: 57,218
    eadric said:

    LADIES AND GENTLEMEN, THERE IS NOTHING TO BE ALARMED ABOUT

    https://twitter.com/coronavirususa0/status/1244272566417739786?s=21

    Of course, if one of them has CV-19, then this might turn out to be one of the stupidest decisions in military history.
  • rottenboroughrottenborough Posts: 62,766
    Trump has a weird way of saying the word 'death'
  • PulpstarPulpstar Posts: 78,205
    I can't work out if we're going to have rampant deflation or rampant inflation from this.
    I think house prices could take a hit mind.
  • EndillionEndillion Posts: 4,976
    Nigelb said:

    Endillion said:

    Andy_JS said:

    The Herd Immunity row rumbles on...

    https://twitter.com/DPJHodges/status/1244314312602202114

    See the replies.

    Herd immunity remains the only way to stop the virus, either through a vaccine or through sufficient numbers of people being infected. It's just a question of how you manage it over time.
    Or perhaps it mutates to harmless?
    That doesn't help us much anymore, given how widespread the current incarnation is. One copy of the virus in one person might become harmless, but there's still all the other millions out there which can carry on infecting.
    It does if the less deadly mutations are more efficient at infecting people, which tends to happen over time with most dangerous viruses.
    This one looks to be pretty efficient at getting into us already, though, so in this case you’re possibly right.
    It’s not mutating at a fast rate, either.
    Well, precisely. Stability of the virus is good and bad: on the plus side, it makes finding a vaccine much easier.

    Eventually we might be able to deliberately modify pandemic-causing viruses ourselves to a benign form and then get to herd immunity by exposing enough people to it before they can get infected by the real version. I think our understanding of RNA/DNA has a way to go before that leaves the realms of science fiction, though.
  • rottenboroughrottenborough Posts: 62,766
    Pulpstar said:

    I can't work out if we're going to have rampant deflation or rampant inflation from this.
    I think house prices could take a hit mind.

    Who knows. But I reckon it will be inflation.
  • PulpstarPulpstar Posts: 78,205

    Pulpstar said:

    I can't work out if we're going to have rampant deflation or rampant inflation from this.
    I think house prices could take a hit mind.

    Who knows. But I reckon it will be inflation.
    There's almost no velocity of money now though. Unless you're trying to buy PPE, inflation needs to have a large velocity of money and that has almost stopped.
  • rottenboroughrottenborough Posts: 62,766
    Trump now arguing with a journalist about their questions. What surprise.

    "That's enough."
  • eggegg Posts: 1,749
    rcs1000 said:

    eadric said:

    LADIES AND GENTLEMEN, THERE IS NOTHING TO BE ALARMED ABOUT

    https://twitter.com/coronavirususa0/status/1244272566417739786?s=21

    Of course, if one of them has CV-19, then this might turn out to be one of the stupidest decisions in military history.
    I’m trying to work out the cabinet. It appears to have a mop in there. A camping light turned on. And at least 8 or 9 french horns
  • Trump isn’t very... reassuring, is he?

    Why is the orange snowflake so defensive, I thought he was winning all of the polls?
  • NigelbNigelb Posts: 71,225
    MikeL said:

    Trump extends guidelines to 30 April.

    Says "good things" will be happening by 1 June.

    Sounds like major backtracking.

    He’d be more sensible (yes, I know...) adopting hurdles or milestones, rather than dates, for a loosening of restrictions.

    Something along these lines:
    https://www.aei.org/research-products/report/national-coronavirus-response-a-road-map-to-reopening/
    Trigger to Move to Phase II. To guard against the risk that large outbreaks or epidemic spread could reignite once we lift our initial efforts to “slow the spread,” the trigger for a move to Phase II should be when a state reports a sustained reduction in cases for at least 14 days (i.e., one incubation period); and local hospitals are safely able to treat all patients requiring hospitalization without resorting to crisis standards of care4; and the capacity exists in the state to test all people with COVID-19 symptoms, along with state capacity to conduct active monitoring of all confirmed cases and their contacts....
  • NigelbNigelb Posts: 71,225

    Trump has a weird way of saying the word 'death'

    Trump has a weird way.
  • IanB2IanB2 Posts: 49,868
    edited March 2020
    Pulpstar said:

    I can't work out if we're going to have rampant deflation or rampant inflation from this.
    I think house prices could take a hit mind.

    Quite possibly both. An inflationary spike due to the double money effect of the rescue packages, compounded by supply shortages and trade disruption. Then a deflationary slump as everyone from the government through individuals attempt to repair their finances.
  • rottenboroughrottenborough Posts: 62,766
    Pulpstar said:

    Pulpstar said:

    I can't work out if we're going to have rampant deflation or rampant inflation from this.
    I think house prices could take a hit mind.

    Who knows. But I reckon it will be inflation.
    There's almost no velocity of money now though. Unless you're trying to buy PPE, inflation needs to have a large velocity of money and that has almost stopped.
    I am thinking further ahead when the BoE has printed a shed load of money for the self employed and the furloughed.
  • EndillionEndillion Posts: 4,976
    Pulpstar said:

    Pulpstar said:

    I can't work out if we're going to have rampant deflation or rampant inflation from this.
    I think house prices could take a hit mind.

    Who knows. But I reckon it will be inflation.
    There's almost no velocity of money now though. Unless you're trying to buy PPE, inflation needs to have a large velocity of money and that has almost stopped.
    High unemployment + negative economic growth = downwards pressure on inflation, usually. Oil prices are also at recent lows, and as you say spending is grinding to a halt. The main upwards indicator right now is low interest rates, bu they were already pretty low to start with, so the minor cut shouldn't change much. The massive increase in government spending is mostly just replacing what would've been regular income. My vote is for deflation.
  • eggegg Posts: 1,749

    Easter was "aspirational"

    Massive back track from Trump here I reckon.

    There will certainly be a backlash now. A lot of people were on board when he talked up short shutdown. I think the Daily Telegraph will be first to break ranks and scream, enough of this trashing of the economy. They seem to be wavering and not behind the government on this.
  • PulpstarPulpstar Posts: 78,205
    Large asset deflation and consumer goods inflation.

    Fuck knows, everyone is guessing right now tbh. It IS the biggest event since WWII I think though.
    9-11; the GFC, Chernobyl, fall of the Berlin wall, end of the cold war are all smaller than this methinks.
  • AlistairAlistair Posts: 23,670

    The Herd Immunity row rumbles on...

    https://twitter.com/DPJHodges/status/1244314312602202114

    See the replies.

    Christ. Being forced to pick a side between Hodges and McTernan.
  • MalmesburyMalmesbury Posts: 50,370
    rcs1000 said:

    eadric said:

    LADIES AND GENTLEMEN, THERE IS NOTHING TO BE ALARMED ABOUT

    https://twitter.com/coronavirususa0/status/1244272566417739786?s=21

    Of course, if one of them has CV-19, then this might turn out to be one of the stupidest decisions in military history.
    Multiple command centres... back to the days of Looking Glass and call sign Alice....

    https://www.youtube.com/watch?v=punqdlHMDjo
  • Alistair said:
    What would they like to read? "Alba", "Northern England", "Beyond the Wall"?
  • eggegg Posts: 1,749
    Pulpstar said:

    Pulpstar said:

    I can't work out if we're going to have rampant deflation or rampant inflation from this.
    I think house prices could take a hit mind.

    Who knows. But I reckon it will be inflation.
    There's almost no velocity of money now though. Unless you're trying to buy PPE, inflation needs to have a large velocity of money and that has almost stopped.
    ‘ inflation needs to have a large velocity of money’

    Does it? 🤔
  • MonkeysMonkeys Posts: 757
    Negative interest rates, Modern Monetary Theory,

    Oil has been trading at negative 19 cents a barrel.

    https://twitter.com/DTAPCAP/status/1243955823585492993

    I guess systems break. Deflation?
  • eggegg Posts: 1,749
    Endillion said:

    Pulpstar said:

    Pulpstar said:

    I can't work out if we're going to have rampant deflation or rampant inflation from this.
    I think house prices could take a hit mind.

    Who knows. But I reckon it will be inflation.
    There's almost no velocity of money now though. Unless you're trying to buy PPE, inflation needs to have a large velocity of money and that has almost stopped.
    High unemployment + negative economic growth = downwards pressure on inflation, usually. Oil prices are also at recent lows, and as you say spending is grinding to a halt. The main upwards indicator right now is low interest rates, bu they were already pretty low to start with, so the minor cut shouldn't change much. The massive increase in government spending is mostly just replacing what would've been regular income. My vote is for deflation.
    So those people who spent all weekend moving money out of their bank accounts are ahead of the game and writing mug on our foreheads for being slow to act on this? Moving it it to what though? What assets won’t depreciate? jewellery? Water?
  • EndillionEndillion Posts: 4,976

    Alistair said:
    What would they like to read? "Alba", "Northern England", "Beyond the Wall"?
    Occupied Northern Cumbria.
  • MonkeysMonkeys Posts: 757
    egg said:

    Endillion said:

    Pulpstar said:

    Pulpstar said:

    I can't work out if we're going to have rampant deflation or rampant inflation from this.
    I think house prices could take a hit mind.

    Who knows. But I reckon it will be inflation.
    There's almost no velocity of money now though. Unless you're trying to buy PPE, inflation needs to have a large velocity of money and that has almost stopped.
    High unemployment + negative economic growth = downwards pressure on inflation, usually. Oil prices are also at recent lows, and as you say spending is grinding to a halt. The main upwards indicator right now is low interest rates, bu they were already pretty low to start with, so the minor cut shouldn't change much. The massive increase in government spending is mostly just replacing what would've been regular income. My vote is for deflation.
    So those people who spent all weekend moving money out of their bank accounts are ahead of the game and writing mug on our foreheads for being slow to act on this? Moving it it to what though? What assets won’t depreciate? jewellery? Water?
    Rice. Wheat.
  • eggegg Posts: 1,749
    Monkeys said:

    Negative interest rates, Modern Monetary Theory,

    Oil has been trading at negative 19 cents a barrel.

    https://twitter.com/DTAPCAP/status/1243955823585492993

    I guess systems break. Deflation?

    I was thinking in terms of those times, boom and bust seventies, unemployment went up but inflation too. RCS said earlier economists very good at predicting the last recession, back in the seventies they said, wait a minute that’s not in the manual, that’s impossible.
  • PulpstarPulpstar Posts: 78,205
    Monkeys said:

    egg said:

    Endillion said:

    Pulpstar said:

    Pulpstar said:

    I can't work out if we're going to have rampant deflation or rampant inflation from this.
    I think house prices could take a hit mind.

    Who knows. But I reckon it will be inflation.
    There's almost no velocity of money now though. Unless you're trying to buy PPE, inflation needs to have a large velocity of money and that has almost stopped.
    High unemployment + negative economic growth = downwards pressure on inflation, usually. Oil prices are also at recent lows, and as you say spending is grinding to a halt. The main upwards indicator right now is low interest rates, bu they were already pretty low to start with, so the minor cut shouldn't change much. The massive increase in government spending is mostly just replacing what would've been regular income. My vote is for deflation.
    So those people who spent all weekend moving money out of their bank accounts are ahead of the game and writing mug on our foreheads for being slow to act on this? Moving it it to what though? What assets won’t depreciate? jewellery? Water?
    Rice. Wheat.
    Yes, people need to eat.
  • EndillionEndillion Posts: 4,976
    egg said:

    Endillion said:

    Pulpstar said:

    Pulpstar said:

    I can't work out if we're going to have rampant deflation or rampant inflation from this.
    I think house prices could take a hit mind.

    Who knows. But I reckon it will be inflation.
    There's almost no velocity of money now though. Unless you're trying to buy PPE, inflation needs to have a large velocity of money and that has almost stopped.
    High unemployment + negative economic growth = downwards pressure on inflation, usually. Oil prices are also at recent lows, and as you say spending is grinding to a halt. The main upwards indicator right now is low interest rates, bu they were already pretty low to start with, so the minor cut shouldn't change much. The massive increase in government spending is mostly just replacing what would've been regular income. My vote is for deflation.
    So those people who spent all weekend moving money out of their bank accounts are ahead of the game and writing mug on our foreheads for being slow to act on this? Moving it it to what though? What assets won’t depreciate? jewellery? Water?
    Well, gold is traditional.

    But usually you seek safe havens (ie: things that preserve their value in real terms) when prices are going up, not down. Cash in bank accounts becomes better value during deflationary periods, not worse.
  • kyf_100kyf_100 Posts: 4,951
    Monkeys said:

    egg said:

    Endillion said:

    Pulpstar said:

    Pulpstar said:

    I can't work out if we're going to have rampant deflation or rampant inflation from this.
    I think house prices could take a hit mind.

    Who knows. But I reckon it will be inflation.
    There's almost no velocity of money now though. Unless you're trying to buy PPE, inflation needs to have a large velocity of money and that has almost stopped.
    High unemployment + negative economic growth = downwards pressure on inflation, usually. Oil prices are also at recent lows, and as you say spending is grinding to a halt. The main upwards indicator right now is low interest rates, bu they were already pretty low to start with, so the minor cut shouldn't change much. The massive increase in government spending is mostly just replacing what would've been regular income. My vote is for deflation.
    So those people who spent all weekend moving money out of their bank accounts are ahead of the game and writing mug on our foreheads for being slow to act on this? Moving it it to what though? What assets won’t depreciate? jewellery? Water?
    Rice. Wheat.
    If you can still get it.

    https://twitter.com/maxlambertson/status/1243525558157352970
  • rottenboroughrottenborough Posts: 62,766
    Pulpstar said:

    Monkeys said:

    egg said:

    Endillion said:

    Pulpstar said:

    Pulpstar said:

    I can't work out if we're going to have rampant deflation or rampant inflation from this.
    I think house prices could take a hit mind.

    Who knows. But I reckon it will be inflation.
    There's almost no velocity of money now though. Unless you're trying to buy PPE, inflation needs to have a large velocity of money and that has almost stopped.
    High unemployment + negative economic growth = downwards pressure on inflation, usually. Oil prices are also at recent lows, and as you say spending is grinding to a halt. The main upwards indicator right now is low interest rates, bu they were already pretty low to start with, so the minor cut shouldn't change much. The massive increase in government spending is mostly just replacing what would've been regular income. My vote is for deflation.
    So those people who spent all weekend moving money out of their bank accounts are ahead of the game and writing mug on our foreheads for being slow to act on this? Moving it it to what though? What assets won’t depreciate? jewellery? Water?
    Rice. Wheat.
    Yes, people need to eat.
    Toilet roll is the new gold.
  • eggegg Posts: 1,749
    Endillion said:

    egg said:

    Endillion said:

    Pulpstar said:

    Pulpstar said:

    I can't work out if we're going to have rampant deflation or rampant inflation from this.
    I think house prices could take a hit mind.

    Who knows. But I reckon it will be inflation.
    There's almost no velocity of money now though. Unless you're trying to buy PPE, inflation needs to have a large velocity of money and that has almost stopped.
    High unemployment + negative economic growth = downwards pressure on inflation, usually. Oil prices are also at recent lows, and as you say spending is grinding to a halt. The main upwards indicator right now is low interest rates, bu they were already pretty low to start with, so the minor cut shouldn't change much. The massive increase in government spending is mostly just replacing what would've been regular income. My vote is for deflation.
    So those people who spent all weekend moving money out of their bank accounts are ahead of the game and writing mug on our foreheads for being slow to act on this? Moving it it to what though? What assets won’t depreciate? jewellery? Water?
    Well, gold is traditional.

    But usually you seek safe havens (ie: things that preserve their value in real terms) when prices are going up, not down. Cash in bank accounts becomes better value during deflationary periods, not worse.
    So there are these stories of bank withdrawals, the people taking it out are the mugs the?, presuming it is deflationary not inflationary, and governments can step in and help banks if they run into trouble?
  • eggegg Posts: 1,749

    Pulpstar said:

    Monkeys said:

    egg said:

    Endillion said:

    Pulpstar said:

    Pulpstar said:

    I can't work out if we're going to have rampant deflation or rampant inflation from this.
    I think house prices could take a hit mind.

    Who knows. But I reckon it will be inflation.
    There's almost no velocity of money now though. Unless you're trying to buy PPE, inflation needs to have a large velocity of money and that has almost stopped.
    High unemployment + negative economic growth = downwards pressure on inflation, usually. Oil prices are also at recent lows, and as you say spending is grinding to a halt. The main upwards indicator right now is low interest rates, bu they were already pretty low to start with, so the minor cut shouldn't change much. The massive increase in government spending is mostly just replacing what would've been regular income. My vote is for deflation.
    So those people who spent all weekend moving money out of their bank accounts are ahead of the game and writing mug on our foreheads for being slow to act on this? Moving it it to what though? What assets won’t depreciate? jewellery? Water?
    Rice. Wheat.
    Yes, people need to eat.
    Toilet roll is the new gold.
    So We are all bog roll bandits now. And that proves there is no such thing as society.
  • kle4kle4 Posts: 96,149
    edited March 2020

    Alistair said:
    What would they like to read? "Alba", "Northern England", "Beyond the Wall"?
    The latest map I have at my disposal is quite clear that the barbarians of Caledonia have yet to be brought to heel, so beyond the wall would be appropriate. But once we have Calgacus in our hands all will be well.
  • kle4kle4 Posts: 96,149
    edited March 2020
    Personally, this is my plan now - find someone smarter and get them to make a plan for me.

    http://www.basicinstructions.net/basic-instructions/2017/8/1/how-to-prepare-for-the-apocalypse

  • isamisam Posts: 41,118
  • MonkeysMonkeys Posts: 757
    How can renewable energy stay profitable if oil keeps dumping?
  • MonkeysMonkeys Posts: 757
    Monkeys said:

    How can renewable energy stay profitable if oil keeps dumping?

    Not profitable, competitive, sorry I'm drinking
  • kle4kle4 Posts: 96,149
    isam said:
    Someone will immediately say this is terrible and how dare they even be thinking about it, but condensing a bunch of games into a 6-8 week period, if overall restrictions have been lifted a little at that point (which we've been told is possible even though things will not be back to normal), and with appropriate measures, does not seem inherently unreasonable.

    People in every industry including entertainment will be considering contingency plans to get their regular stuff done if at all possible. I'm not confident, but we'll see.
  • isamisam Posts: 41,118
    kle4 said:

    isam said:
    Someone will immediately say this is terrible and how dare they even be thinking about it, but condensing a bunch of games into a 6-8 week period, if overall restrictions have been lifted a little at that point (which we've been told is possible even though things will not be back to normal), and with appropriate measures, does not seem inherently unreasonable.

    People in every industry including entertainment will be considering contingency plans to get their regular stuff done if at all possible. I'm not confident, but we'll see.
    All 92 games on tv while we are in lockdown...
  • StereotomyStereotomy Posts: 4,092
    Sure am glad we picked Biden as the "electable" option
  • EndillionEndillion Posts: 4,976
    egg said:

    Endillion said:

    egg said:

    Endillion said:

    Pulpstar said:

    Pulpstar said:

    I can't work out if we're going to have rampant deflation or rampant inflation from this.
    I think house prices could take a hit mind.

    Who knows. But I reckon it will be inflation.
    There's almost no velocity of money now though. Unless you're trying to buy PPE, inflation needs to have a large velocity of money and that has almost stopped.
    High unemployment + negative economic growth = downwards pressure on inflation, usually. Oil prices are also at recent lows, and as you say spending is grinding to a halt. The main upwards indicator right now is low interest rates, bu they were already pretty low to start with, so the minor cut shouldn't change much. The massive increase in government spending is mostly just replacing what would've been regular income. My vote is for deflation.
    So those people who spent all weekend moving money out of their bank accounts are ahead of the game and writing mug on our foreheads for being slow to act on this? Moving it it to what though? What assets won’t depreciate? jewellery? Water?
    Well, gold is traditional.

    But usually you seek safe havens (ie: things that preserve their value in real terms) when prices are going up, not down. Cash in bank accounts becomes better value during deflationary periods, not worse.
    So there are these stories of bank withdrawals, the people taking it out are the mugs the?, presuming it is deflationary not inflationary, and governments can step in and help banks if they run into trouble?
    No idea what stories you're referring to, but bank withdrawals (in terms of economic theory) means one or more of inflation, issues with the bank's solvency, or or interest rate cuts (more generally, bank interest rate returns becoming uncompetitive versus returns on other investments). The last one is definitely a factor right now.
  • EndillionEndillion Posts: 4,976

    Sure am glad we picked Biden as the "electable" option

    Everything is relative. To Sanders, in this case.
  • kle4 said:

    Alistair said:
    What would they like to read? "Alba", "Northern England", "Beyond the Wall"?
    The latest map I have at my disposal is quite clear that the barbarians of Caledonia have yet to be brought to heel, so beyond the wall would be appropriate. But once we have Calgacus in our hands all will be well.
    "Aufferre trucidare rapere falsis nominibus imperium, atque ubi solitudinem faciunt, pacem appellant."

    Maybe you could do what your ancestors did back in ye goode olde dayes, invite some Anglish migrants to take care of the troublemakers.
  • edmundintokyoedmundintokyo Posts: 17,708
    Andy_JS said:

    The Herd Immunity row rumbles on...

    https://twitter.com/DPJHodges/status/1244314312602202114

    See the replies.

    Herd immunity remains the only way to stop the virus, either through a vaccine or through sufficient numbers of people being infected. It's just a question of how you manage it over time.
    I don't think that's true, plausibly you could have good, cheap testing and some enduring changes to reduce its spread (practiced normally, like we do for food hygiene) and effectively eliminate it, except for occasional clusters that would burn themselves out.
  • sarissasarissa Posts: 1,993

    Alistair said:
    What would they like to read? "Alba", "Northern England", "Beyond the Wall"?
    Remember, even when you’re cooped up, drink responsibly.
  • PulpstarPulpstar Posts: 78,205
    I got hold of Felix Double delicious today. Worth its weight in bogroll that
  • rcs1000rcs1000 Posts: 57,218
    Monkeys said:

    How can renewable energy stay profitable if oil keeps dumping?

    It is the capital cost that is the issue with alternative energy, so no new windmills will be built. But those that already exist will continue to turn because there is close to zero marginal cost of production.
  • MikeLMikeL Posts: 7,708
    Petrol prices are down a lot - unleaded £1.069 at Tesco today.

    That's down 10p in approx the last week.
  • HYUFDHYUFD Posts: 123,139
    edited March 2020

    Sure am glad we picked Biden as the "electable" option

    He is the 'electable' option as opposed to Sanders, as Romney was the 'electable' option as opposed to Santorum and Gingrich in 2012 and Kerry was the 'electable' option as opposed to Dean in 2004.

    However neither Romney nor Kerry could match the enthusiasm with their voters Presidents Obama and Bush had with their voters and it seems Biden is facing the same enthusiasm gap with his voters relative to the supporters of President Trump.

    The last candidate nominated to take on an incumbent President who had more of a vote for them than against the incumbent was Bill Clinton in 1992 and before him Reagan in 1980, it is notable they both beat the incumbents
  • Andy_JSAndy_JS Posts: 32,601
    Has anyone got any good news regarding Covid-19? I could really do with some at the moment.
  • EndillionEndillion Posts: 4,976
    Andy_JS said:

    Has anyone got any good news regarding Covid-19? I could really do with some at the moment.

    This do?
    https://www.bbc.co.uk/news/health-52087002
  • williamglennwilliamglenn Posts: 51,708
    Andy_JS said:

    Has anyone got any good news regarding Covid-19? I could really do with some at the moment.

    The number of people with immunity is at an all time high.
  • Andy_JSAndy_JS Posts: 32,601
    edited March 2020
    People ought to be able to "clear themselves" so-to-speak by showing they're immune following a negative test, but of course the problem arises of people pretending they're immune when they aren't really. Not sure how we deal with that problem. The government could issue certificates, which would lead to attempts to forge them.
  • At least there will be no rallies where Biden has to speak at length any time soon. Just ads and news clips. He performs best in small doses or removed from the picture entirely.
  • edmundintokyoedmundintokyo Posts: 17,708
    Andy_JS said:

    Has anyone got any good news regarding Covid-19? I could really do with some at the moment.

    If you like you can play "spot the day the IOC told Tokyo it was postponing the Olympics":
    https://covid19japan.com/#prefecture-trajectory-container
  • TimTTimT Posts: 6,468

    Andy_JS said:

    The Herd Immunity row rumbles on...

    https://twitter.com/DPJHodges/status/1244314312602202114

    See the replies.

    Herd immunity remains the only way to stop the virus, either through a vaccine or through sufficient numbers of people being infected. It's just a question of how you manage it over time.
    I don't think that's true, plausibly you could have good, cheap testing and some enduring changes to reduce its spread (practiced normally, like we do for food hygiene) and effectively eliminate it, except for occasional clusters that would burn themselves out.
    For an airborne disease, this is frankly bollocks.
  • edmundintokyoedmundintokyo Posts: 17,708
    TimT said:

    Andy_JS said:

    The Herd Immunity row rumbles on...

    https://twitter.com/DPJHodges/status/1244314312602202114

    See the replies.

    Herd immunity remains the only way to stop the virus, either through a vaccine or through sufficient numbers of people being infected. It's just a question of how you manage it over time.
    I don't think that's true, plausibly you could have good, cheap testing and some enduring changes to reduce its spread (practiced normally, like we do for food hygiene) and effectively eliminate it, except for occasional clusters that would burn themselves out.
    For an airborne disease, this is frankly bollocks.
    Expand???
  • rcs1000rcs1000 Posts: 57,218
    TimT said:

    Andy_JS said:

    The Herd Immunity row rumbles on...

    https://twitter.com/DPJHodges/status/1244314312602202114

    See the replies.

    Herd immunity remains the only way to stop the virus, either through a vaccine or through sufficient numbers of people being infected. It's just a question of how you manage it over time.
    I don't think that's true, plausibly you could have good, cheap testing and some enduring changes to reduce its spread (practiced normally, like we do for food hygiene) and effectively eliminate it, except for occasional clusters that would burn themselves out.
    For an airborne disease, this is frankly bollocks.
    EiT may exaggerate, but the reality is that we can ameliorate the effect of CV-19, so long as we can do three things:

    1. Lower the current number infected
    2. Slow future outbreaks
    3. Prevent it from being too fatal to those who catch it

    The key to 1 is to ensure that the number of people "doing the infecting" is a small one. This means we lockdown for 4-6 weeks to result in few new infections, and lots of death or cure.

    For 2, we use a combination of track and trace, enforced masks, regular testing for people who come into contact with lots of people, prohibition on certain activities etc. The goal is here is to lower R0 below 1, so that while CV-19 is not be eliminated, it cannot infect in an out of control manner.

    And 3 is a matter of having enough ventilators, and improving our treatment regimes.

    None of these are easy. 1 and 2, in particular, are extremely expensive.

    But together they allow us to turn CV-19 from an @eadric-level crisis into a painful, but not existential. shock.
  • DecrepiterJohnLDecrepiterJohnL Posts: 27,932
    Endillion said:

    Sure am glad we picked Biden as the "electable" option

    Everything is relative. To Sanders, in this case.
    Sanders' supporters would likely be more enthusiastic, even if less numerous.
  • DecrepiterJohnLDecrepiterJohnL Posts: 27,932

    The Herd Immunity row rumbles on...

    https://twitter.com/DPJHodges/status/1244314312602202114

    See the replies.

    Does any of this really matter? Even if Hodges is right, does it amount to anything more than the Number 10 spin team had not fully caught up with the boffins for a day or two?
  • MysticroseMysticrose Posts: 4,688
    edited March 2020

    The Herd Immunity row rumbles on...

    https://twitter.com/DPJHodges/status/1244314312602202114

    See the replies.

    Does any of this really matter? Even if Hodges is right, does it amount to anything more than the Number 10 spin team had not fully caught up with the boffins for a day or two?
    No it doesn't. I'm afraid some journalists are not covering themselves in glory: Andrew Neil being another.

    They're basically scratching around for work, politics being essentially suspended.
  • MysticroseMysticrose Posts: 4,688
    rcs1000 said:

    TimT said:

    Andy_JS said:

    The Herd Immunity row rumbles on...

    https://twitter.com/DPJHodges/status/1244314312602202114

    See the replies.

    Herd immunity remains the only way to stop the virus, either through a vaccine or through sufficient numbers of people being infected. It's just a question of how you manage it over time.
    I don't think that's true, plausibly you could have good, cheap testing and some enduring changes to reduce its spread (practiced normally, like we do for food hygiene) and effectively eliminate it, except for occasional clusters that would burn themselves out.
    For an airborne disease, this is frankly bollocks.

    But together they allow us to turn CV-19 from an @eadric-level crisis into a painful, but not existential. shock.
    Sorry, Robert, but this sounds like denial to me. None of your 3 really come close to the magnitude of this pandemic crisis.

    There's only one way to halt this virus. A vaccine. Until we get one it will kill millions.
  • SandpitSandpit Posts: 54,602
    Alistair said:

    The Herd Immunity row rumbles on...

    https://twitter.com/DPJHodges/status/1244314312602202114

    See the replies.

    Christ. Being forced to pick a side between Hodges and McTernan.
    Best reply:
    https://twitter.com/rickeyst/status/1244321509402988544
  • MysticroseMysticrose Posts: 4,688
    Andy_JS said:

    People ought to be able to "clear themselves" so-to-speak by showing they're immune following a negative test, but of course the problem arises of people pretending they're immune when they aren't really. Not sure how we deal with that problem. The government could issue certificates, which would lead to attempts to forge them.

    Indeed. And still no certainty that you can't be re-infected.

    We may have a long wait for a vaccine. If that goes on for more than a year, as seems plausible, millions will die.
  • ydoethurydoethur Posts: 71,424
    @Malmesbury FPT

    I’m staggered. I never thought anyone living other than me had read A Prince of the Captivity.

    One of the few Buchan books to have gone out of print - and it’s very easy to see why.
  • kamskikamski Posts: 5,191
    rcs1000 said:

    Monkeys said:

    How can renewable energy stay profitable if oil keeps dumping?

    It is the capital cost that is the issue with alternative energy, so no new windmills will be built. But those that already exist will continue to turn because there is close to zero marginal cost of production.
    More optimistically, an example of catastrophic market failure will finally get the world to introduce a carbon tax, which should be a no-brainer anyway.

    Unfortunately, with the most dangerous criminal organisation in history running the most powerful country in the world, it's hard to be optimistic.
  • MysticroseMysticrose Posts: 4,688
    edited March 2020
    I, too, see positives emerging from this. I'm hoping it's an opportunity for re-configuration. The capitalist greed of the world economy which has sought to suck the life out of Mother Nature is being taught a long and very painful karmic lesson.

    I also see re-configuration in our personal lives. People are networking in new ways and finding different opportunities to be resourceful. They are also facing up to death: the possibility that it might strike is not something most people consider. Learning a little humility in the face of our mortality is not always a bad thing.

    The mighty are being laid low.
  • edmundintokyoedmundintokyo Posts: 17,708
    edited March 2020

    rcs1000 said:

    TimT said:

    Andy_JS said:

    The Herd Immunity row rumbles on...

    https://twitter.com/DPJHodges/status/1244314312602202114

    See the replies.

    Herd immunity remains the only way to stop the virus, either through a vaccine or through sufficient numbers of people being infected. It's just a question of how you manage it over time.
    I don't think that's true, plausibly you could have good, cheap testing and some enduring changes to reduce its spread (practiced normally, like we do for food hygiene) and effectively eliminate it, except for occasional clusters that would burn themselves out.
    For an airborne disease, this is frankly bollocks.

    But together they allow us to turn CV-19 from an @eadric-level crisis into a painful, but not existential. shock.
    Sorry, Robert, but this sounds like denial to me. None of your 3 really come close to the magnitude of this pandemic crisis.

    There's only one way to halt this virus. A vaccine. Until we get one it will kill millions.
    It seems to be possible for South Korea to contain the growth of the thing in the way @rcs1000 proposes, even now, with hardly any time to respond and while we know very little about it. Why do you assume it's impossible for other developed countries to do it with more time and more information?
  • MysticroseMysticrose Posts: 4,688

    rcs1000 said:

    TimT said:

    Andy_JS said:

    The Herd Immunity row rumbles on...

    https://twitter.com/DPJHodges/status/1244314312602202114

    See the replies.

    Herd immunity remains the only way to stop the virus, either through a vaccine or through sufficient numbers of people being infected. It's just a question of how you manage it over time.
    I don't think that's true, plausibly you could have good, cheap testing and some enduring changes to reduce its spread (practiced normally, like we do for food hygiene) and effectively eliminate it, except for occasional clusters that would burn themselves out.
    For an airborne disease, this is frankly bollocks.

    But together they allow us to turn CV-19 from an @eadric-level crisis into a painful, but not existential. shock.
    Sorry, Robert, but this sounds like denial to me. None of your 3 really come close to the magnitude of this pandemic crisis.

    There's only one way to halt this virus. A vaccine. Until we get one it will kill millions.
    It seems to be possible for South Korea to contain the growth of the thing even now, with hardly any time to respond and while we know very little about it. Why do you assume it's impossible for other developed countries to do it with more time and more information?
    As I understand it, all they are doing is flattening the peaks which will continue to come in waves until we get a vaccine. The virus will move through 80% of the world's population.
  • OldKingColeOldKingCole Posts: 33,464

    I, too, see positives emerging from this. I'm hoping it's an opportunity for re-configuration. The capitalist greed of the world economy which has sought to suck the life out of Mother Nature is being taught a long and very painful karmic lesson.

    I also see re-configuration in our personal lives. People are networking in new ways and finding different opportunities to be resourceful. They are also facing up to death: the possibility that it might strike is not something most people consider. Learning a little humility in the face of our mortality is not always a bad thing.

    The mighty are being laid low.

    I agree; somewhat anyway. I've 'met' electronically, many in my age-group because they're picking up on new technology.
    And, on the 'learning something new' tack, I'm surprised to learn that 'karmic' is a word. 'Karma', of course is fine. As a word, anyway!
  • Beibheirli_CBeibheirli_C Posts: 8,163

    I, too, see positives emerging from this. I'm hoping it's an opportunity for re-configuration. The capitalist greed of the world economy which has sought to suck the life out of Mother Nature is being taught a long and very painful karmic lesson.

    I also see re-configuration in our personal lives. People are networking in new ways and finding different opportunities to be resourceful. They are also facing up to death: the possibility that it might strike is not something most people consider. Learning a little humility in the face of our mortality is not always a bad thing.

    The mighty are being laid low.

    I would not be bothered if Covid-19 carried me off. I feel like I have had more than enough of the world already.
  • JohnLilburneJohnLilburne Posts: 6,259

    I, too, see positives emerging from this. I'm hoping it's an opportunity for re-configuration. The capitalist greed of the world economy which has sought to suck the life out of Mother Nature is being taught a long and very painful karmic lesson.

    I also see re-configuration in our personal lives. People are networking in new ways and finding different opportunities to be resourceful. They are also facing up to death: the possibility that it might strike is not something most people consider. Learning a little humility in the face of our mortality is not always a bad thing.

    The mighty are being laid low.

    Many people are now also going out for exercise every day, because it is one of the few times they are allowed out. Although this will probably be offset by those spending lockdown on the couch, eating stockpiled junk food.
This discussion has been closed.