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I blame the condems"You’re just a bad memory who doesn’t know when to go away" JR -
Originally posted by SueEllen View Post
condoms
If they were any good we would not have to put up with those deflationary types...Comment
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While the continue to print money which, ironically, creates inflation! My what a wonderful world these bankers live in.
Besides, with all the money the US has printed, the BOE raising rates won't make a tiny bit of difference.McCoy: "Medical men are trained in logic."
Spock: "Trained? Judging from you, I would have guessed it was trial and error."Comment
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Can you explain? In what sense is the BoE "continuing" to print money, given that QE has been frozen for months. In fact, in what sense is QE "printing money" in the first place?Originally posted by lilelvis2000 View Post"A life, Jimmy, you know what that is? It’s the s*** that happens while you’re waiting for moments that never come." -- Lester FreamonComment
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0.5% official rate when real inflation is well over 5% is the same as printing money.Originally posted by Freamon View Post
HTHComment
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There's more than one logical leap of faith in that statement.Originally posted by AtW View Post
Is "inflation" only ever due to printing money?"A life, Jimmy, you know what that is? It’s the s*** that happens while you’re waiting for moments that never come." -- Lester FreamonComment
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No, theresOriginally posted by Freamon View PostThere's more than one logical leap of faith in that statement.
Is "inflation" only ever due to printing money?
this kind of inflation as wellDoing the needful since 1827Comment
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Markets sentiment is that leaving UK base rates unchanged is more destructive to the £ than a tsunami.
Sterling is down over 1% against the Yen today. Japan, which has and continues to suffer its biggest earthquake in recorded history and the 7th biggest in history globally, and which will presumably cost untold trillions of Yen to the economy, is on firmer ground than the UK.Comment
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