Originally posted by sasguru
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Bank of England poised to restart QE stimulus
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While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.' -
No doubt the extra £50bn will go straight into the pockets of the 1% and do nothing to stimulate demand.
Its a bit like trying to put out a fire by pouring petrol on it.Comment
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Originally posted by doodab View PostWell, it is the Greek crisisComment
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Originally posted by BrilloPad View PostNo doubt the extra £50bn will go straight into the pockets of the 1% and do nothing to stimulate demand.Comment
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Originally posted by doodab View PostWell, it is the Greek crisis"Condoms should come with a free pack of earplugs."Comment
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Originally posted by BrilloPad View PostWhich is now getting a whol lot worse - Greek death spiral accelerates – Telegraph Blogs
Eurozone crisis: live blog | The World | International affairs blog from the FT"Condoms should come with a free pack of earplugs."Comment
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Originally posted by BrilloPad View PostWhich is now getting a whol lot worse - Greek death spiral accelerates – Telegraph Blogsmerely at clientco for the entertainmentComment
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Originally posted by ThomasSoerensen View Postnow the can has been kicked once more
Eurozone crisis: live blog | The World | International affairs blog from the FTComment
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I got a random text from my stockbroker telling me about this announcement.
The country hasn't descended into hyperinflation so far, why will the newest round of QE change that?Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Joanne Segars, the chief executive of the National Association of Pension Funds, said while she could understand the need to boost the economy, QE was damaging the value of pensions: "Retirees who get locked into a weak annuity will find that the Bank's money printing leaves them out of pocket for the rest of their lives.
"For the companies that run final salary pensions, QE is a headache which pushes their pension funds further into the red. This means businesses have to put more money into their pension schemes, instead of spending it on jobs and investment. Our fear is that firms struggling with a weak economy will simply choose to close their pension schemes."While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'Comment
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