Did anyone ever believe QE would be reversed?

[d000hg]

I have around 75,000 posts and you read most of them! Wow!

I have arrived on CUK - I have my very own stalker....

Nope, you just repeat yourself an awful lot.

[BrilloPad]

Bitcoin is starting to look like an attractive means of exchange for goods and trade all of sudden.
Meanwhile real currency devalues day after day.

For exchange of goods and services - yes. But in terms of long term saving - not sure I want to trust a sequence of ones and zeros (or sticks and holes as my oversexed colleague likes to call them). I would prefer something tangible. Gold?

[scooterscot]

But in terms of long term saving - not sure I want to trust a sequence of ones and zeros (or sticks and holes as my oversexed colleague likes to call them). I would prefer something tangible. Gold?

Gold is as much use as bitcoins, both are exhaustible and not necessary for life.

[BrilloPad]

Gold is as much use as bitcoins, both are exhaustible and not necessary for life.

Uses of Gold in Industry, Medicine, Computers, Electronics, Jewelry

Of all the minerals mined from the Earth, none is more useful than gold.

HTH

[scooterscot]

Uses of Gold in Industry, Medicine, Computers, Electronics, Jewelry

Of all the minerals mined from the Earth, none is more useful than gold.

HTH

If it's that useful why does the majority of it sit in vaults?

Iron ore is the most useful by the way.

[KentPhilip]

Buy shares.
The FTSE100 is now at the same level it was 16 years ago. Despite the blip it had earlier this week, that baby is only going to go up in the medium term.

[petergriffin]

There's no need for any reset button. All it takes is to be honest and declare the 10 biggest banks technically insolvent.

[NickyBoy]

There's no need for any reset button. All it takes is to be honest and declare the 10 biggest banks technically insolvent.

You realise that's a reset button that would cause more short term damage than ed balls and Ebola combined. Right?

Long term - probably the right thing to do.

[BrilloPad]

You realise that's a reset button that would cause more short term damage than ed balls and Ebola combined. Right?

Long term - probably the right thing to do.

Early 1920s Germany - did hyper inflation do any real harm?

There was no recession. WW2 was caused by Treaty of Versailles and trying to keep war reparations up.

Not sure sure about Ebola wiping out 70% of people though. That would take decades or centuries to recover from.

[NickyBoy]

Early 1920s Germany - did hyper inflation do any real harm?

There was no recession. WW2 was caused by Treaty of Versailles and trying to keep war reparations up.

Not sure sure about Ebola wiping out 70% of people though. That would take decades or centuries to recover from.

Between your inability to spot the Ebola/Ed-Balls comment as a continuation of a running joke in this thread and your wild jumping to some random event in Germany that doesn't even begin to capture the magnitude of the fallout of 10 of the largest banks suddenly stopping operating, I don't think there is a single redeemable feature of your post.