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Reply to: After QE and the ensuing inflation
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Previously on "After QE and the ensuing inflation"
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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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Originally posted by AtW View PostThey'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).
Becaue you're a feckwit who also spouts clueless drivel.
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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).
Leave a comment:
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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.Tags: None
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