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BoE to start printing money
Comments
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'Quantitative' refers to the money supply; 'easing' refers to reducing the pressure on banks. A central bank can do this by buying government bonds (Treasury securities in the United States) in the open market, or by lending money to deposit-taking institutions, or by buying assets from banks in exchange for currency, or any combination of these actions."
I'm sure that you can work out what printing money is... think of Zimbabwe
Nice cut from wiki. That doesnt explain the difference though. I think you, and I, both know that quantative easing is the term used for printing money. As I said above, we will never print money on masse anyway, everyone knows that, because it's all electronic money that the country works on.
There is hardly any difference between QE and printing money, apart from the actual term, printing money being the old term, QE being the new term.
Though if you think, which you obviously do, QE is not printing money, as you stated there is differences, I'd love to hear them, as what I see, from reading most of the stuff available, QE refers basically to printing money.0 -
Graham_Devon wrote: »Printing money, wouldnt mean printing money.0
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Ahhh, so no answers, as usual, just insults.
Part of the course I spose. State there are differences, but when asked, simply turn to taking the pee instead of actually answering what you actually stated to me. Easier, I guess.
I admire what you do though. As for stating things to look popular. Read through my posting history, I really couldnt give a flying !!!!!! if I'm popular or not, but I will at least answer questions if someone asks me to quantify what I have stated0 -
Graham_Devon wrote: »Nice cut from wiki. That doesnt explain the difference though. I think you, and I, both know that quantative easing is the term used for printing money. As I said above, we will never print money on masse anyway, everyone knows that, because it's all electronic money that the country works on.
There is hardly any difference between QE and printing money, apart from the actual term, printing money being the old term, QE being the new term.
Though if you think, which you obviously do, QE is not printing money, as you stated there is differences, I'd love to hear them, as what I see, from reading most of the stuff available, QE refers basically to printing money.
here you go educate yourself, because that's all you deserve
http://www.google.co.uk/search?num=50&hl=en&newwindow=1&safe=off&ei=hbCdSaazN4iyjAfOwJzeBQ&sa=X&oi=spell&resnum=0&ct=result&cd=1&q=quantitative+easing&spell=1
or even this one just in case your spelling is a bit a miss
http://www.google.co.uk/search?num=50&hl=en&newwindow=1&safe=off&ei=mLCdSbbxIpC0jAeOqujABQ&sa=X&oi=spell&resnum=0&ct=result&cd=1&q=quantitative+easing&spell=1
you might learn something... but i doubt you'll take it in from your previous posts0 -
Graham_Devon wrote: »Ahhh, so no answers, as usual, just insults.0
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here you go educate yourself, because that all you deserve
http://www.google.co.uk/search?num=50&hl=en&newwindow=1&safe=off&ei=hbCdSaazN4iyjAfOwJzeBQ&sa=X&oi=spell&resnum=0&ct=result&cd=1&q=quantitative+easing&spell=1 or even this one http://www.google.co.uk/search?num=50&hl=en&newwindow=1&safe=off&ei=mLCdSbbxIpC0jAeOqujABQ&sa=X&oi=spell&resnum=0&ct=result&cd=1&q=quantitative+easing&spell=1 jjust in case your spelling is a bit a miss
you might learn something... but i doubt you'll take it in...
Come on chucky dear boy.
You stated to me, that there were differences. You stated I was only saying it to look popular.
Now when asked what the difference are, you cut and paste from wiki, and then link me up to google. Do you have ANY opinion of your own? Do you even know what you weresaying? It seems not?
I realise some posters will come rally round you soon. I look forward to it. But I really would like to know what the differences are, as you stated to me, with a further insult.0 -
Graham_Devon wrote: »Come on chucky dear boy.
You stated to me, that there were differences. You stated I was only saying it to look popular.
Now when asked what the difference are, you cut and paste from wiki, and then link me up to google. Do you have ANY opinion of your own?
yes i do, but i'd rather keep my opinion of you to myself :rotfl:
as you're the self proclaimed master of the forum i'll let you go and do some research0 -
yes i do, but i'd rather keep my opinion of you to myself :rotfl:
as you're the self proclaimed master of the forum i'll let you go and do some research
Self proclaimed? Nah, you put me on that pedistal all by yourself, I don't personally believe it for a second. I'm just a poster who, when told I'm wrong, will ask why.
So no answers? Can't answer your own statement?
Just carry on using the rolling around laughing icons. Much much easier0 -
Graham_Devon wrote: »Self proclaimed? Nah, you put me on that pedistal all by yourself.
So no answers? Can't answer your own statement?
Just carry on using the rolling around laughing icons. Much much easier
you were told a few posts ago but here you go seeing that you refuse to understand - this might help you on your quest
http://forums.moneysavingexpert.com/showthread.html?t=1503077
what a lot of posts you have Mr Devon - spend lots of time on the Internet i see.
now that does deserve a couple of these :rotfl::rotfl:0
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