How much QE?

Graham_Devon

Anyone fancy a punt on giving your thoughts on where QE will end?

I.e. 175bn, 250bn, 750bn etc etc.

Isn't a prediction thread, just trying to gain insights into peoples thoughts.

I'm going for a very uneducated stab in the dark. £325bn before they turn the tap off

bo_drinker

Where will it end????????????? In tears that's where.

Really2

Until they are happy the debt hole is plugged.

So many factors could change it, it is virtually impossible to judge that is why the drip where needed approach is better than the helicopter approach:)

ess0two

Aint really bothered.........of more interest who's gonna win the premiership?Chelsea for me.

halight

250bn for me. I think we will carry on printing for the reast of this year and most of next year. Maybe some breaks inbetween print jobs like the one we have jsut had.

bo_drinker

I haven't seen a penny of it, has anyone else ??

mewbie_2

Really2 wrote: »

Until they are happy the debt hole is plugged.

Its an interesting "hole in my bucket" theory of plugging a debt hole by borrowing (printing) money.

I know "something must be done" but I think ten % of the billions used as a more direct stimulus (build something, manufacture something) would have been more obviously useful than a kind of incestuous propping up of banks and buying government bonds.

kabayiri

Sssshhhh.....between you and me, but...I know a bloke who knows a bloke who sells bulk ink on behalf of Epson.

Anyway....HMG have just ordered another 800,000 cartridges, all ink-jet colour.

Coincidence, perhaps, but how can we be sure? ...

Thrugelmir

Graham_Devon wrote: »

Anyone fancy a punt on giving your thoughts on where QE will end?

I.e. 175bn, 250bn, 750bn etc etc.

Isn't a prediction thread, just trying to gain insights into peoples thoughts.

I'm going for a very uneducated stab in the dark. £325bn before they turn the tap off

If both Lloyds and RBS can shrink their balance sheets , either by selling assets or by having a capital rights issue then QE may have finished.

Appears LLoyds is looking to raise more equity capital to avoid putting assets into the Governments insurance scheme.

fiish

I think the BoE will just have to keep going (perhaps slowing down but not stopping) until it becomes clear that it is having an effect on the real economy. It would take a few more months for this additional £50B to get through the financial system.

I think the total might get as far as £250B by mid 2010, by then we should be able to see much more clearly the effects of this exercise. I think there would be hesitation about going much further than that amount if it works, as inflation concerns would be greater.

bluey890

Graham_Devon wrote: »

Anyone fancy a punt on giving your thoughts on where QE will end?

I.e. 175bn, 250bn, 750bn etc etc.

Isn't a prediction thread, just trying to gain insights into peoples thoughts.

I'm going for a very uneducated stab in the dark. £325bn before they turn the tap off

Over what time period are you accounting for Graham?
Months, Years, Decades, Centuries or Millennium?