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The biggest distribution of wealth from the poor/middle classes to the rich ever

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    The biggest distribution of wealth from the poor/middle classes to the rich ever

    Bernanke flunked it – and we will all suffer - Telegraph

    QE - it’s the biggest distribution of wealth from the poor and the middle classes to the rich ever

    How long can this go on for?

    #2
    The point of QE isn't to make us all richer is it. It's to encourage us to spend everything we have, save nothing, and become reliant or working like slaves until the day we die.
    While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'

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      #3
      Originally posted by doodab View Post
      The point of QE isn't to make us all richer is it. It's to encourage us to spend everything we have, save nothing, and become reliant or working like slaves until the day we die.
      +1. Imagine what would happen if prices started going down and people put off buying stuff while it was getting cheaper. Then people might not need to borrow before buying stuff. We would be in the unfortunate situation of Germany or Japan.

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        #4
        Interest rates on both sides of the Atlantic will now stay lower, for longer, we’re told. Maybe that’s true. ..
        Well who'd have thought it.
        Work in the public sector? Read the IR35 FAQ here

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          #5
          Keep as much tied up in property rather than cash, same as it ever was

          Simples
          Doing the needful since 1827

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            #6
            Originally posted by BrilloPad View Post
            Bernanke flunked it – and we will all suffer - Telegraph

            QE - it’s the biggest distribution of wealth from the poor and the middle classes to the rich ever

            How long can this go on for?
            Since investors can make their money in China and India they no longer need UK workers, in fact they are a hindrance. The sooner the UK is filled up with third world emigrants working for peanuts the better for the stock market.
            "A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell

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              #7
              Originally posted by Paddy View Post
              Since investors can make their money in China and India they no longer need UK workers, in fact they are a hindrance. The sooner the UK is filled up with third world emigrants working for peanuts the better for the stock market.
              You are Call Me Dave/ Ed Millipede / That bloke in the LibDems and I claim my free Wonga Loan.

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