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Whats a Billion mr Gove?
Tony, Wallsend
Posted: 18 June 2016 16:59:36(UTC)
#15

Joined: 08/02/2011(UTC)
Posts: 3

When a Billion is considered to be 1,000.000,000,000
1,000,000,000 is considered to be a Milliard.
The above was more commonly used in Continental Europe.


huudi
Posted: 19 June 2016 19:02:40(UTC)
#16

Joined: 11/06/2010(UTC)
Posts: 266

I agree mr Gove put the case well but any awkward questions are always fielded by mr Dimbleby , nothing unexpected allowed. I shall vote Brexit although I travel in my old age and staying in should benefit myself, the fact is the EU is on a downhill slide and if we stay then we go with them. If we are out then we can hope to at least slow the decay.
Jon Snow
Posted: 20 June 2016 22:26:59(UTC)
#19

Joined: 02/03/2014(UTC)
Posts: 1,172

It doesn't matter, because it's "other people's money" google that with "Milton Friedman" and have a watch on YouTube - timeless advice on how money is perceived and used by others.
robert munro
Posted: 12 July 2016 06:23:47(UTC)
#20

Joined: 17/08/2009(UTC)
Posts: 8

Who is Mr Gove?
Alan Selwood
Posted: 12 July 2016 08:32:43(UTC)
#21

Joined: 17/12/2011(UTC)
Posts: 3,379

Mr Gove? Shouldn't that be Mr Gone?
huudi
Posted: 13 July 2016 06:34:37(UTC)
#22

Joined: 11/06/2010(UTC)
Posts: 266

The answer has dawned on me, all too obvious. In an inflationary world one should expect monetary definitions to be reclassified as larger amounts not less, so why the reverse policy?

Among the many bribes offered to gain support for EU entry in 1973 was a promise to make wealthy supporters 'Billionaires' overnight. Having gained the support our leaders were at a loss as to how to keep the promise until this solution was suggested. We would simply alter the definition of 'Billion', this number which had been in our monetary system for ages would be lowered by 1000 times.

The result, overnight 'Billionaires'! and a rare example of a government promise kept and an example of how promises might be kept in future. Problem solved.
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