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Another £50B QE
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Topic: Another £50B QE (Read 811 times)
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Barman
Administrator
Needs to get out more...
Posts: 154952
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Since 1960...
Another £50B QE
«
on:
July 05, 2012, 01:52:11 PM »
Total is
three hundred and seventy-five billion Pounds
now!
The last lot worked so well to improve the economy they are doing it again....
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apc2010
Power Poster
Posts: 66558
Reputation: -2
Re: Another £50B QE
«
Reply #1 on:
July 05, 2012, 02:11:19 PM »
Thought the by the title it was the mini thread..........
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Grumpmeister
Power Poster
Posts: 36809
Reputation: -24
Prankmeister General
Re: Another £50B QE
«
Reply #2 on:
July 05, 2012, 02:23:58 PM »
The only way another round of QE would work is if the Banks were bypassed altogether and the money given directly to the taxpayer. Hell of nothing else it would at least slow down the rate that small businesses are having to close because the banks won't lend to them. That problem has become so endemic that Wonga are now doing business loans for Christ sake.
https://www.wongabusiness.com/
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The universe is run by the complex interweaving of three elements. Energy, matter, and enlightened self-interest.
Nick
Needs to get out more...
Posts: 109655
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Re: Another £50B QE
«
Reply #3 on:
July 05, 2012, 02:25:32 PM »
I'd be happy to take a few million
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Cat sitter extraordinaire
Semi-professional crocodile
Marley's Ghost (Imbiber of Spirits)
Fool Member
Posts: 4917
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What a dead end job . .
Re: Another £50B QE
«
Reply #4 on:
July 05, 2012, 05:40:20 PM »
OED: Quantitative Easing - (adj) euphemism for Bankers Bonus
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"Political Correctness is a doctrine fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end."
Well, someone had to say it!
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