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Bank of England tells savers: Screw you; we're debasing the currency
RDB
Posts: 872 Forumite
http://gata.org/node/9086
Savers told to stop moaning and start spending
Savers should stop complaining about poor returns and start spending to help the economy, a senior Bank of England official warned today.
http://www.telegraph.co.uk/finance/personalfinance/savings/8028884/Savers-told-to-stop-moaning-and-start-spending.html
Savers told to stop moaning and start spending
Savers should stop complaining about poor returns and start spending to help the economy, a senior Bank of England official warned today.
http://www.telegraph.co.uk/finance/personalfinance/savings/8028884/Savers-told-to-stop-moaning-and-start-spending.html
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Comments
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There is already a thread discussing it
https://forums.moneysavingexpert.com/discussion/2755772
EDIT: Also why does the GATA headline talk about debasing the currency then fail to mention it in the story? I'm guessing it refers to rumours of more QE but it fails to mention it.0
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