What is next for central banks?

CLAPTON

The one thing this does show is you can't fix a debt problem with debt long term. Short term you'll get great results and we've had that. Anyone suggesting this was a recovery have now surely got to be asking the question of whether it was a natural recovery or simply a monetry boost. But medium and long term you are just kicking a very tired can.[/QUOTE]

how do we know that
how long is medium term 10-30 years or a few months?

Jason74

HAMISH_MCTAVISH wrote: »

They could try the one thing that is almost guaranteed to work, and that they really haven't tried on any kind of large scale, (except to a very limited extent Aus and the US).....

I bloody well hope not

DiggerUK

QE will buy time, but no amount of funny money will keep the economy going without an expanding manufacturing base.
'Stuff' needs to be made, simple as..._

HAMISH_MCTAVISH

DiggerUK wrote: »

no amount of funny money will keep the economy going without an expanding manufacturing base.
'Stuff' needs to be made, simple as..._

And 'stuff' will only be made if 'stuff' can be 'consumed'.

Which requires consumers with money.... 'Funny' or otherwise.;)

Thrugelmir

mwpt wrote: »

Yup, mentioned in top list, people's QE.

Which is what the PPI payouts have amounted to.

At some point the UK economy will no longer receive the benefit of same though. As is a one off.

padington

HTB 3 and 4 and 5 ....

Generali

HAMISH_MCTAVISH wrote: »

And 'stuff' will only be made if 'stuff' can be 'consumed'.

Which requires consumers with money.... 'Funny' or otherwise.;)

I'm not so sure about all this.

Unemployment is at 5.1%, employment rates are the highest ever and the economy is growing gently.

I don't think we need any stimulus. What we need is a normalization of policy IMHO. I am starting to think that, while stimulus was required, it is now part of the problem rather than the solution.

Graham_Devon

HAMISH_MCTAVISH wrote: »

And 'stuff' will only be made if 'stuff' can be 'consumed'.

Which requires consumers with money.... 'Funny' or otherwise.;)

But for stability, you need consumers with a constant and secure flow of money.

Quick hits don't really do anyone any good.

Sure, you'll get a quick boost - but then what happens when that boost is gone a year later? Back to square one.

[Deleted User]

Generali wrote: »

I'm not so sure about all this.

Unemployment is at 5.1%, employment rates are the highest ever and the economy is growing gently.

I don't think we need any stimulus. What we need is a normalization of policy IMHO. I am starting to think that, while stimulus was required, it is now part of the problem rather than the solution.

I wonder how many people believe the official figures? I for one don't., they are too full of holes.

padington

Generali wrote: »

I'm not so sure about all this.

Unemployment is at 5.1%, employment rates are the highest ever and the economy is growing gently.

I don't think we need any stimulus. What we need is a normalization of policy IMHO. I am starting to think that, while stimulus was required, it is now part of the problem rather than the solution.

We had a touch of normalisation with a raise of US interest rates and markets went crazy, the Deutsch bank starting making weird announcements about it being solid as a rock and Donald trump may just about to become the most powerful person in the world while promising to bring back torture, ban Muslims and build a wall to keep the Mexicans out because the American middle and working class is mostly 'furious' about the economy. The Russians are going broke and looking dangerous. The Oil cartel have seemingly fallen out with each other. China seems to be struggling. Europe is looking like it might fall apart. Brexit might tear the UK apart. North Korea seems like its going to end in tears. South Africa looks a bit ropey. A large swaith of the Middle East is over run by fascists.

I'm not so sure there is much room to start taking money off the table.