Originally posted by Foxy Moron
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: Money supply & gold
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Money supply & gold"
Collapse
-
The pound strengthened against the Euro yesterday and pretty much stayed the same against the Dollar. Santa, you know not of what you talk. You don't do a bad job at Christmas though. I guess everyone has to br right at least once a year!
Leave a comment:
-
Originally posted by PM-Junkie View PostFunny that isn't it? No doubt our Walter Mitty friend will be back telling everyone how he knew it all along and made a killing. Again.
Highly likely we will continue downwards, if not tomorrow, then next week.
Markets dont go in straight lines you know
Leave a comment:
-
Is it ?
I thought the theory was that the BOE buys private corporate bonds (i.e. Banks bonds) so that they have funds to then lend to customers and thereby have an overall effect of getting the credit market going again. Is that not the case ?
...or is the BOE only going to buy Government bonds in the hope that the Government will then spend its cash wisely ?
Leave a comment:
-
The theory is, the Govt (Brown and Co) only buy good quality assets with the money, and later sell them on at a profit.
The danger is the Govt (Brown and Co) buy toxic worthless assets that the banks can't sell quick enough. This leaves the tax-payer up sheet creek. As usual.
You decide which scenario is going to play out.
Leave a comment:
-
Originally posted by PM-Junkie View Postthe BoE simply buys assets off banks (eg government bonds) so the banks have more liquidity
Oh tulip.
That's it then.
We're doomed.
Leave a comment:
-
Originally posted by NetwkSupport View PostStupid novice question:
When the government prints this money how is it "injected" into the economy?
That is one school of thought anyway. The other is that it is tantamount to throwing petrol on a fire. The truth is, nobody knows - so lots of people have their fingers crossed right now.
Leave a comment:
-
Originally posted by suityou01 View PostOh yes. And just watch us start using Euros once we reach parity. Its all in the plan.
I am just not sure what problem they would solve doing that.
Leave a comment:
-
Originally posted by SantaClaus View PostThe BOE have diluted the value of the £ with quantative easing.
And the UK's credit rating is questionable.
And as BrownIssue and DimPrawn say, imports will become very expensive.
Have a look at the recent Jim Rogers interview on Channel 4 and you will see we are in dire straights.
He also claims the future boom industry here will be farming. City boys will be driving taxis and farmers will be driving Porsches.
Leave a comment:
-
We're told that deflation is a terrible thing and we have to print and print to prevent it. If deflation kicks in, apparently, everyone will stop spending because everything will be cheaper tomorrow. But look at computer hardware: 30+ years of incredible deflation - and did people still buy computers? "Deflation" is just a smokescreen. The real point of printing money is to cause savers to bail out the debtors (through wealth destruction). I really recommend Peter Schiff's analysis of this: www.europac.net (American, but applies equally to UK).
Leave a comment:
-
Originally posted by SantaClaus View PostThe BOE have diluted the value of the £ with quantative easing.
And the UK's credit rating is questionable.
Have a look at the recent Jim Rogers interview on Channel 4 and you will see we are in dire straights.
Leave a comment:
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: