The Bank of England "prints" money

[BlasterBates]

The BOE prints money

So is this the Weimar republic
...or is this just a harmless "increase in the money supply"?

Pound seems to be holding well.

[bogeyman]

The BOE prints money

So is this the Weimar republic
...or is this just a harmless "increase in the money supply"?

Pound seems to be holding well.

Nah! I've been doing it for years in my shed - no ill has come of it aside from inky fingers.

[b0redom]

Is no one else worried that Mr Bean is the Bank of England’s deputy governor?

[MPwannadecentincome]

What the govt/bank really needs to be doing is pumping money into small service businesses to incentivise exports.

I would vote for tax breaks for selling my services abroad, e.g. for every EUR or USD invoice raised to a genuine foreign customer I would willingly drop my rate to that customer if the tax break covered the drop - just to drum up more export business. In addition help and guidance with export issues and marketing would be of great assistance. Finally having access to some sales people paid for by govt would top the icing on the cake.

This would put money in pockets across the board in a range of service industries, in some cases this would encourage employment hence confidence and spending, which improves the govt's tax collection, VAT collection and reduces benefit payments.

Why sink money into banks when small businesses are responsive and agile enough to take up the challenge?

[bogeyman]

What the govt/bank really needs to be doing is pumping money into small service businesses to incentivise exports.

I would vote for tax breaks for selling my services abroad, e.g. for every EUR or USD invoice raised to a genuine foreign customer I would willingly drop my rate to that customer if the tax break covered the drop - just to drum up more export business. In addition help and guidance with export issues and marketing would be of great assistance. Finally having access to some sales people paid for by govt would top the icing on the cake.

This would put money in pockets across the board in a range of service industries, in some cases this would encourage employment hence confidence and spending, which improves the govt's tax collection, VAT collection and reduces benefit payments.

Why sink money into banks when small businesses are responsive and agile enough to take up the challenge?

I'm sorry but I find your overly-long username, and your insistence on the particularly naff, Georgia serif type face (at a tiny point size), eliminates all meaningful content from your posts.

[Sysman]

I'm sorry but I find your overly-long username, and your insistence on the particularly naff, Georgia serif type face (at a tiny point size), eliminates all meaningful content from your posts.

Plus the use of the non-word "incentivise".

[bogeyman]

Plus the use of the non-word "incentivise".

Good spot Sysman, but my eyeballs were screaming before I could get to that part of the sentence.

[Cyberman]

Instead of pumping money into the system, which will eventually cause inflation, HMG should have considered tax cuts to enable consumers to have more disposable income.

[NotAllThere]

Don't be silly. They're socialists.

[HairyArsedBloke]

Instead of pumping money into the system, which will eventually cause inflation, HMG should have considered tax cuts to enable consumers to have more disposable income.

So long as they cut public spending as well otherwise they would have to issue debt. If they didn't do that then they might find that they only people left to borrow from would be the Bank of England and they get their money by ......