QE3 = £75bn

Graham_Devon

wotsthat wrote: »

Only yesterday you were moaning about how corrupt the AIM market was. Has anything changed or are you just a hopeless optimist?

Nothing has changed, why?

You going to start trying to have a go again?

harryhound

Really2 wrote: »

We are always told on here it is via Helicopter.

Might have been more effective.
The last lot just got paid out in banker's bonuses (and interest on all the money that Barclays borrowed from the Gulf.)?

Thrugelmir wrote: »

Japan did on several occasions with little impact.

At least Japan still makes things they and the rest of the world wants to buy and so inflation stayed flat.

No wonder the inflation proofed national Savings have been withdrawn.

"Last resort of a desperate government....."
George Gideon Oliver Osborne, MP (born 23 May 1971 in Paddington, London)

Thrugelmir

Graham_Devon wrote: »

On a serious note, the 75bn does paint a less than rosey picture of the state that we are actually in.

"Actually" is peoples conception of the position perhaps. QE reflects how dire the global financial system is in.

Seems as if the BOE is merely attempting to keep growth positive.

wotsthat

Graham_Devon wrote: »

Nothing has changed, why?

You going to start trying to have a go again?

Sorry, from yesterday's post I thought you'd be avoiding AIM due to it's corruption. Good luck with your latest venture.

Graham_Devon

wotsthat wrote: »

Sorry, from yesterday's post I thought you'd be avoiding AIM due to it's corruption. Good luck with your latest venture.

I wouldn't invest any more money. This money was already in.

If you had read a post a couple of days ago, I stated I had sold one, and had kept two others, and was waiting on news from one, and the other wasn't worth selling out of as it was so far down.

The one I'm waiting for the news for, I transfered (what was left over from the loss) money to.

Is this OK with you?

kabayiri

ILW wrote: »

Low IRs, high inflation.
Looks like the ones that just ran up the debts were the clever ones and those that decided to try to act with moderation are being shafted.
Great lesson for the future.

So yesterday we were to be told by the Tory party faithful how debt is bad, boo hiss, and something that should be avoided by everybody, from the little consumer, to the shopkeeper, business and even the state. Yes, debt folks, is to be avoided.

Move along 1 day, and we get the state creating more QE, helping those who practise the indebted habit.

Politicians eh? You gotta love em.

harryhound

Thrugelmir wrote: »

"Actually" is peoples conception of the position perhaps. QE reflects how dire the global financial system is in.

Seems as if the BOE is merely attempting to keep growth positive.

Measured in what ?

5% -> 10% devalued money?

mrs_mum_3

Obvious why - injecting the money into the banks because Christmas bonuses are due in the next couple of months

ILW

kabayiri wrote: »

So yesterday we were to be told by the Tory party faithful how debt is bad, boo hiss, and something that should be avoided by everybody, from the little consumer, to the shopkeeper, business and even the state. Yes, debt folks, is to be avoided.

Move along 1 day, and we get the state creating more QE, helping those who practise the indebted habit.

Politicians eh? You gotta love em.

It does seem rather strange that the powers that be seem to want to punish those that did "the right thing" whilst rewarding those that didn't. Just sets things up for it all to go horrbly wrong all over again.
Guess it's a Gordon Brown thing of just see how much you can borrow and if you go over the top we will bail you out.

Mrs_Bones

I keep hearing the soothing sounds of the BoE saying that inflation is fully expected to go down from the start of next year. After hearing the same words for the past couple of years have to say I've given up listening to intently but I'm sure some are and some may even still believe. Question is now that the printing presses have started again will the soothing words on inflation continue? or are the conservatives up to their old tricks and hoping some won't remember the last time.