Enigin Money

Archive for March, 2010

The Budget - coming from where?

posted by enigin in Uncategorized

I never quite understand the governments Budget announcement which everyone gets to hyped up about.

Last week on the news that was all they were talking about. Going to a number of different households, members of the public to discuss how the budget affected them. The majority?

“Hi I am Mrs Smith, I have 3 children, and my husband works 40 hours a week on £20,000 pa.” - “Oh great - well isn’t it exciting. With the new budget announcements your family will be…….£1.43 better off per month! What will you spend it on?”. Madness.

It is ridiculus. Every year this hype is made about the budget and yet it never makes any realy impact to any of us. Personally, within our families or within the business. Will Enigin suddenly be better off by £1.56 a month! Oh I do hope so, it really will make all the difference.

Enigin and the Stock Market

posted by enigin in Uncategorized

I have never been able to get my head around money. The stock market, currencies, exchange rate, even the recession. Money just dominates lives!

How are all these things decided? I just don’t get it. It is amazing how one day a companies share are worth so much and the next suddenly worth nothing. They hit rock bottom - but why. Who decides and how is it decided?

Well I guess it isn’t decided exactly by someone. I do sort of understand how a companies shares can improve. If I had had a heads up about facebook being as big as it has become, yes I would have bought some shares beforehand. Then I guess as it improves in popularity and becomes bigger and earns more money, the shares are therefore worth more. Is that right? Oh I don’t know.

And where does money come from in the first place? Who decides when and how much is printed? Can’t we just print lots off, enough for everyone to have the same and go from there. We could scrap everything and start again - couldn’t we?

No I guess not. Stupid idea really. But I do wish money grew on trees! Now that would be a wonderful thing wouldn’t it.

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Having worked at Enigin PLC for years now, I can honestly say that I would struggle to find a better working enviroment.