Base rate to rise in 2013?

System

http://www.youtube.com/watch?v=KJh0pDMnL8M

INFLAYTION

HAMISH_MCTAVISH

Joeskeppi wrote: »

INFLAYTION

You'd have more success explaining quantum physics to a Chimp than economics to any of these silversockies.

System

HAMISH_MCTAVISH wrote: »

You'd have more success explaining quantum physics to a Chimp than economics to any of these silversockies.

I think the video pitches it at a good level

padington

Jesus, you lot are a bit harsh, just asking. Last question, if the BOE is making the money supply so limited In the UK, why is the pound not getting really strong ?

sabretoothtigger

BOE is not limiting money supply, some aspects are naturally receding. Such is the unemployment and other aspects discouraging M4 apparently
M4 is just one type, overall there is more money available.
In theory its out there but not on the high street hence people say there is no inflation. But then you can die of thirst in the middle of the ocean

United Kingdom

There are just two official UK measures. M0 is referred to as the "wide monetary base" or "narrow money" and M4 is referred to as "broad money" or simply "the money supply".

M0: Cash outside Bank of England + banks' operational deposits with Bank of England. (No longer published.)

M4: Cash outside banks (i.e. in circulation with the public and non-bank firms) + private-sector retail bank and building society deposits + private-sector wholesale bank and building society deposits and certificates of deposit.[28]
http://en.wikipedia.org/wiki/Money_supply#United_Kingdom
There are several different definitions of money supply to reflect the differing stores of money. Due to the nature of bank deposits, especially time-restricted savings account deposits, the M4 represents the most illiquid measure of money. M0, by contrast, is the most liquid measure of the money supply

People are poorer, I wouldnt disagree with that. Its maybe the nature of credit as ambiguous and unstable

Anyone calling for precious metals is probably in line with deleveraging, less credit, less 'money'. I was looking at copper as possibly monetary as its subject to greater demand then supply presuming world gdp is positive

HAMISH_MCTAVISH wrote: »

The FED is of no relevance to UK money supply.

USA is more important then Europe and we have some say in Europe at least. We hold USA debt as an asset, their our biggest trading partner. They are the largest reserve currency, London is a world finance centre. We receive large amounts of tax and general business from trading global assets, the dollar is the denomination for the majority of world trade?

They matter, I wish they didnt but without strong currency and/or UK trade we are in their wake seems like