Since writing the previous blog I have read the latest offering from CynicusEconomicus: The Bank of England - The Printing Presses Start Turning. This, I would suggest, should be required reading for every tax payer in this country.
The fact that the main stream media are apparently not capable of reporting the situation adequately means that there cannot be an informed debate over the BoE latest policy.
Showing posts with label Quantitative easing. Show all posts
Showing posts with label Quantitative easing. Show all posts
Friday, 6 March 2009
Quantitative Easing
Well, last December I did not know what this strange phrase meant but it was all explained in far too graphic detail by Cynicus Economics. The phrase is now beginning to enter common parlance and becoming a phrase to use when describing topics other than banking, see the fifteenth paragraph in this comment piece. My problem is that I didn't like the prospect of quantitative easing last December and I m no more enamoured with it today. Daniel Hannan agrees with me and I am worried.
Monday, 8 December 2008
This scares me
Take a look at this CynicusEconomicus: Money Printing Economics - US and UK as the New Zimbabwe?.
I cannot remember how I got to this blog (I think it was from a comment on EU Referendum) but having read it I am worried, particularly following the comment about the new Banking Bill. Let me know what you think.
I cannot remember how I got to this blog (I think it was from a comment on EU Referendum) but having read it I am worried, particularly following the comment about the new Banking Bill. Let me know what you think.
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