But, it’s pointless to argue the wrongs of BOE QE, WITHOUT, explaining the better alternative and the consequences of that better alternative.
The floor is yours…
Bank governor in 'apocalyptic' warning over rising food prices
- Thread starter Farfrae
- Start date
The floor is yours…
Pumping money in to the economy risks inflation , FACT , Labour want to pump more in , fukin clueless .
Nah , he's woke , northern and angry , that requires medication .
Devil's advocate
Member
- Location
- Posh side of Barnsley
But I'm woke & proud of it.
I'm not really offended for myself you can insult me all day long, annoyed by selfish behaviour of others. I won't name, names but he knows who he is.
Courier
Member
- Location
- M62 - M1 - M18 triangle
Seems to me like there’s plenty of money floating around, problem is that too much of it is simply squirrelled away in a few thousand offshore accounts giving the account holders many tens of lifetimes worth of spending capability without even denting their ever increasing capital.
Even during Victorian time philanthropy did happen.
Even during Victorian time philanthropy did happen.
Well helicopter money for a basic starting point. Literally chucking it out of a helicopter or slightly more sensibly sending a cheque for £2000 say to every adult in the country. Most of it would immediately arrive in the actual economy and move round and round and round creating economic activity through all aspects of life. QE can only ever emerge into the real economy eventually by going through the hands of those (individuals/companies) with vast quantities of money to start with. What it actually does is find its way into assets inflating them massively in the process. Asset inflation is not a good thing. It’s one of the main reasons the world is in the mess it is now.
I’ve seen hundreds of articles explaining why QE is a bad thing, there are quite a few individuals in this world that are a bit more switched on than most of the central bankers that are in charge (who are really only lifelong academics with very little actual experience of business). These individuals have been warning about the problems that central banks‘ responses to 2007/8 created for years. And so here we are now….
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Hilly
Member
- Location
- Scottish Borders.
Seriously ?
Yes, yes, yes. But back up the horses for one moment. QE causes inflation, that’s a given.
What would your preferred economic response to the pandemic have been, and what would the short and long term result of that response have been?
Hilly
Member
- Location
- Scottish Borders.
Why dose a so called pandemic have to involve qe ?
A so called pandemic….???
Hilly
Member
- Location
- Scottish Borders.
Yes imo its a load sh!t . No doubt yours will differ .
kfpben
Member
- Location
- Mid Hampshire
I’m quietly confident the collies and crook are Russian hacker proof…