How the worlds economic woes will be solved

[DimPrawn]

1. Print money
2. Money finds it way into stock markets, commodities, gold, property, etc.
3. Said assets go up in value 100x
4. Investors sell assets and make a fortune.
5. Government takes tax generated and pays of all debts.

Everyone is rich and there is no debt. We all live happily ever after.

Simples.

[gingerjedi]

I'm still waiting for hyperinflation to solve all my problems.

Whats the downside apart from queueing for a loaf of bread?

[MrMark]

If it sounds too good to be true..

[HairyArsedBloke]

If it sounds too good to be true..

... it's a nuLieBore policy.

[Brussels Slumdog]

Everyone will be poor

1. Print money
2. Money finds it way into stock markets, commodities, gold, property, etc.
3. Said assets go up in value 100x
4. Investors sell assets and make a fortune.
5. Government takes tax generated and pays of all debts.

Everyone is rich and there is no debt. We all live happily ever after.

Simples.

1. Print money
Government has already printed money and nobody is rich
1a Print more money
The pound will crash to parity with the dollar
Petrol prices £2
3. Said assets go up in value 100x
Liabilities go up in value 100x
4 Investors sell assets and make a fortune
Foreign Investors sell assets and make a fortune
5. Government takes tax generated and pays of all debts.
Foreign Government takes tax generated

[DimPrawn]

1. Print money
Government has already printed money and nobody is rich
1a Print more money
The pound will crash to parity with the dollar
Petrol prices £2
3. Said assets go up in value 100x
Liabilities go up in value 100x
4 Investors sell assets and make a fortune
Foreign Investors sell assets and make a fortune
5. Government takes tax generated and pays of all debts.
Foreign Government takes tax generated

Damn! Back to the drawing board.

[DiscoStu]

Damn! Back to the drawing board.

I think it could work, we'd just need to get every country in the world doing the same.

[DimPrawn]

I might add, after everyting goes up 100x and everyone sells and becomes rich, this causes a crash and so not only has everyone got loads of money and no debts, everything is really cheap too!

Boomed!

[DiscoStu]

I might add, after everyting goes up 100x and everyone sells and becomes rich, this causes a crash and so not only has everyone got loads of money and no debts, everything is really cheap too!

Boomed!

You've got my vote.

[rootsnall]

Where are we upto with the money printing ? How much of the 100odd billion is left ? It seems pretty obvious to me things will go pear shaped when the taps are turned off. I'm guessing the plan is to make things seem OK until the election !?