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After QE and the ensuing inflation

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    After QE and the ensuing inflation

    will come the strikes.

    "Why was he printing so much money and then blaming the unions for the inflation? And then saying, 'We'll stop the inflation by having a wage freeze'?"

    BBC News - Today - Arthur Scargill and the Battle of Saltley Gate

    Before too long it will be back to 1972.

    #2
    They've got a point - Govt makes it easy on itself to keep low interest rates they pay for bonds, but shift the burden of tax on everybody else whilst demanding pay restraint.

    When was the last time pound was printed irresponsibly like this?

    Operation Bernhard only printed £137 mln or so (albeit at the time a fiver was worth more than today).

    Comment


      #3
      Originally posted by AtW View Post
      They've got a point - Govt makes it easy on itself to keep low interest rates they pay for bonds, but shift the burden of tax on everybody else whilst demanding pay restraint.

      When was the last time pound was printed irresponsibly like this?

      Operation Bernhard only printed £137 mln or so (albeit at the time a fiver was worth more than today).
      Have you voted yet: http://forums.contractoruk.com/gener...u-feckwit.html
      Becaue you're a feckwit who also spouts clueless drivel.
      Hard Brexit now!
      #prayfornodeal

      Comment


        #4
        Originally posted by BrilloPad View Post
        Before too long it will be back to 1972.
        If only, good old days.

        Comment


          #5
          The BoE are still worried that inflation might drop to 2%, as they have been for what seems about a decade now.

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