Originally posted by diseasex
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Bank Of England Base Rate News
Collapse
X
-
-
Originally posted by jamesbrown View PostThe BoE did what they always do in these situations. Push the headless chicken button, and sell it, in a calming tone, as a headed chicken, carefully considered, involving joined-up thinking between the MPC, FPC and PRA, and one that will definitely calm the markets. That is, unless the markets are a headless chicken.
The BoE knows perfectly well that this isn't a credit crisis. There's a fundamental lack of demand in the economy that no amount of credit easing is going to address. There are deep structural problems that extend far back, long before the recent financial crisis, and all the actions taken by the BoE since that crisis have only rooted them more deeply. Brexit will obviously hit demand in the short-term, but it's a sideshow. All this asset pumping might've been forgiven, had the BoE succeeded on any terms, even their own terms, but they haven't. Take a look at the ASI report released yesterday, which is a damning indictment of the FPC's stress tests and worrying reading for anyone that thinks the BoE is anything more than a dutch kid with a dyke.Comment
-
Originally posted by diseasex View PostIt means the economy is tanking and they need to encourage lending to boost it. Share stock market will go up or stale, mortgage rates will drop or stay the same, the debt will increase which is dangerous. We might face deflation (if QE fails) which is also dangerous with oil prices at rock bottom etc. I might get a cheap loan and put on stock market or gold.Comment
-
-
Comment
-
Originally posted by diseasex View PostWe might face deflation (if QE fails) which is also dangerous with oil prices at rock bottom etc.
It sure is confusing when people keep changing their mind about what signifies things getting better or things getting worse. We're told something will happen and it means we're doomed. The opposite happens and we're told that it means we're doomed. It's almost as if some people just want to claim the sky is falling no matter what.Comment
-
Originally posted by jamesbrown View PostGoddammit, I thought you'd put me on ignore.Comment
-
Bank Of England Base Rate News
Don't panic!
Last edited by PurpleGorilla; 4 August 2016, 13:09.Comment
-
Originally posted by diseasex View PostI removed it because you wrote some opinion instead of the usual flame.Comment
-
Originally posted by jamesbrown View PostCan someone axe this dizzyex sockie?
Pretty please.
Yes we all know the ID is just yet another trolling sockpuppet, but we're all supposed to be too stupid to have noticed.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment