QE: Another £25 billion

[Andy2]

Get out of Sterling.

HTH

too late now. its already at the bottom.
how low can it go ?

[DimPrawn]

too late now. its already at the bottom.
how low can it go ?

It's not at the bottom.

It will fall much further.

[threaded]

I blame it on maths education in the comprehensive system. You see, it can fall forever and still not reach the bottom.

[BoredBloke]

too late now. its already at the bottom.
how low can it go ?

It was lower in the middle of last month. Now it's about 1.115 vs the Euro and 1.6583 vs the $. Its 52 week low against the $ was 1.375 and 1.02490 vs the Euro - so not even close to bottom actually!

[Paddy]

http://library.duke.edu/digitalcolle...W0007-lrg.jpeg

The true private sector (not national private monopolies) have done well as prices of goods and services have actually fallen. The irony is that today’s inflation is caused by the pubic sector eg: Council Tax, Government spending and so-called public transport.

[threaded]

It was lower in the middle of last month. Now it's about 1.115 vs the Euro and 1.6583 vs the $. Its 52 week low against the $ was 1.375 and 1.02490 vs the Euro - so not even close to bottom actually!

Yes dear. Which is why prices are rising, and will do sharply from now on...

[TimberWolf]

Yes, but wages (of the very poor at least) are falling faster than Brown's credibility

[ThomasSoerensen]

India paid $6.7 billion apparently all in hard currency.

That's an awful lot of suitcases...

what hard currency would that be?

Are there any "hard" fiat currencies left?

or did they pay in vouchers for IT outsourcing?

[ThomasSoerensen]

so I get to buy cheap x-mas presents from amazon.co.uk again this year. I think I like this Brown chap.

Last year it was much cheaper to buy the same book in UK amazon compared to German amazon - even after shipping costs.

BOOMED

[BoredBloke]

Yes dear. Which is why prices are rising, and will do sharply from now on...

Oi who are you calling dear.