Bank of England's Adam Posen renews calls for more quantitative easing Bank of England's Adam Posen renews calls for more quantitative easing
Posts 1 to 5 of 5
  1. #1

    More fingers than teeth

    TimberWolf is too good to be a permie

    TimberWolf's Avatar
    Join Date
    Oct 2007
    Posts
    17,505

    Default Bank of England's Adam Posen renews calls for more quantitative easing

    Bank of England's Adam Posen renews calls for more quantitative easing | Business | guardian.co.uk

    Just like Gordon, saviour of the universe (twice), was saying years ago. He should be Prime Minister. Or maybe he still is, hard to tell.

  2. #2

    Banned

    Churchill has more data than eek

    Churchill's Avatar
    Join Date
    Aug 2005
    Location
    On the rug licking my balls.
    Posts
    25,954

    Default

    "Give us yer fookin' money!" - Bob Geldoff, banker!

  3. #3

    More fingers than teeth

    TimberWolf is too good to be a permie

    TimberWolf's Avatar
    Join Date
    Oct 2007
    Posts
    17,505

    Default

    At some stage bankers are going to get so rich that they'll have no choice but to spend their loot, otherwise it'll go rotten or something. Then perhaps the economy will recover.

  4. #4

    bored now

    eek is always on top

    eek's Avatar
    Join Date
    Jun 2010
    Location
    😂
    Posts
    24,680

    Default

    Quote Originally Posted by TimberWolf View Post
    At some stage bankers are going to get so rich that they'll have no choice but to spend their loot, otherwise it'll go rotten or something. Then perhaps the economy will recover.
    I wouldn't mind QE if it seemed to go anywhere outside of banks and commodity prices.

  5. #5

    More fingers than teeth

    TimberWolf is too good to be a permie

    TimberWolf's Avatar
    Join Date
    Oct 2007
    Posts
    17,505

    Default

    Quote Originally Posted by eek View Post
    I wouldn't mind QE if it seemed to go anywhere outside of banks and commodity prices.
    My mother told me that after the war everyone in West Germany was given 50 Deutsche Marks. Can't find a reference to this on-line unfortunately. That would seem fairer. But in all probability all this QEing is for propping up the bank(er)s, rather than the economy directly.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •