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Debate House Prices


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Mervyn starts the money printing

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.

Comments

  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    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.
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