Further Quantitative Easing (QE3)

MiserlyMartin

Ark_Welder wrote: »

Yawn......

Surely you don't really believe the stuff you post. Either you are trying to wind us all up, or you secretly have some link or another to the morons who gave us QE, certain government figures, Mervyn and the MPC, or worse still the Labour morons such as the man who claimed to have abolished boom and bust - Gordon Brown. You defend QE so much its worrying.

HAMISH_MCTAVISH

Since the latest round of 75 bn in additional QE was announced....

-The pound has strengthened against most major currencies

-Inflation has fallen

-The price of Gold and Silver has fallen

So pretty much the exact opposite of the claims made throughout this thread.

meatandtwoveg

HAMISH_MCTAVISH wrote: »

Since the latest round of 75 bn in additional QE was announced....

-The pound has strengthened against most major currencies

-Inflation has fallen

-The price of Gold and Silver has fallen

So pretty much the exact opposite of the claims made throughout this thread.

Yep, bring on more money printing, we will all be 2 cent billionares..The more we print, the richer we all get, you have to back paper exchange with future effort, otherwise any promise is completely worthless......When you print there is no promise, so devalues the paper backed promise..........Good luck with your retirement.......

meatandtwoveg

MiserlyMartin wrote: »

Surely you don't really believe the stuff you post. Either you are trying to wind us all up, or you secretly have some link or another to the morons who gave us QE, certain government figures, Mervyn and the MPC, or worse still the Labour morons such as the man who claimed to have abolished boom and bust - Gordon Brown. You defend QE so much its worrying.

He thinks Gordy was the saviour, QE, is the can kicker, just glad i never forgone years of valuable life; to save for something which will be something not quite the same as what was promised,....:rotfl:

A promise is something where someone is willing to put in effort to pay for your lifestyle while they forgo luxury and/while you sit on your !!!, while you are reaping in their rent, so a rent seeker, you are and will not be one of the privaledged.....:rotfl:

Spend you money, enjoy your life, you are a longtime dead...Retirement is a myth peddled by the one's who are well enough to enjoy it, most of us will not....

creeper1

I had to bump this thread since the rumours have proven to be correct. The BOE are again printing.

I am in real assets now. Let them pump up inflation all they want.

Anyone in sterling is going to suffer.

QE4,5,6,7..............infinity to come.

oldvicar

People have to believe that there will be low inflation before they stop building expectations of high inflation into their decisions. The authorities have to demonstrate that they will not allow inflation to rise - that they will act to ensure demand does not rise too much ahead of output.

The ultimate cause of inflation can really be said to be central banks, like the Bank of England. Their behaviour and actions determine whether inflation is allowed to rise or is kept low - in other words, whether they allow prices to rise unchecked by monetary policy, or whether the central banks seeks to influence the amount of money in the economy

Source - Bank of England. http://www.bankofengland.co.uk/education/targettwopointzero/inflation/whatCausesInflation.htm