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Mervyn starts the money printing
ramellous1
Posts: 391 Forumite
http://www.telegraph.co.uk/finance/financetopics/recession/4594455/Bank-of-England-will-buy-gilts-to-boost-economy.html
Oh and gold has just shot up to £660.
Take no notice of those jewellers wanting your necklaces, keep hold of them.
Oh and gold has just shot up to £660.
Take no notice of those jewellers wanting your necklaces, keep hold of them.
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Comments
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They are screwed either way, what will 'the poor indebted' in society do when IR have to go up to counter the obvious inflation ? Lets face it the MEW generation are been given the keys to the treasury, yet all they are going to find is a load of worthless banknotes. Brown, King, Crosby.......etc... all still have their snouts firmly in the trough, gorging on stolen taxes and now prudent savers.
They all need a bullet right between the eyes.0
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