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QE: What if...

DRFC1879 · 2016-03-17 16:52:14

Sorry if this topic has already been covered but it's something that I've thought about a few times. Since 2010, The Bank of England injected £375bn of cash into the economy through QE. This was meant to stimulate lending, drive demand and restore shopper confidence but a fair old wedge of it seemed to end up stuck at the…

Comments

Crashy_Time Posts: 13,386 Forumite

23 March 2016 at 4:37PM

DRFC1879 wrote: »

I guess I don't understand. I've paid a lot of money for it and struggled for many years. I let it out to someone at below the market value because he's a nice guy and my mantra is that once you're dead you only exist in people's memories so I want to be remembered as a nice bloke myself. Does that mean I deserve to lose loads of money on an investment? I don't think so!

It`s a government backed Ponzi scheme, deserve has nothing to do with it.

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