Tuesday, Jul 07, 2009
Addictive quantative easing.
Bloomberg: BOE Should Seek Darling’s Consent to Print More Money, BCC Says
The Bank of England should ask the government for permission to start a further phase in its money- printing program because a recovery from the recession “is not guaranteed,” the British Chambers of Commerce said.
Posted by flintster1994 @ 07:44 AM (482 views) Add Comment
8 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. paul said...
"It has my personal seal of approval"
2. quiet guy said...
@paul
Thanks for giving me a smile. Very funny!
3. James In London said...
Cripes. The BCC is out in force today, what with this article and the one on the BBC, one could be forgiven for wondering if a vested interest had just issued a press release... Amazingly depressing what qualifies as "news" these days. Seems to basically be a platform for political lobby groups.
4. James In London said...
Cripes. The BCC is out in force today, what with this article and the one on the BBC, one could be forgiven for wondering if a vested interest had just issued a press release... Amazingly depressing what qualifies as "news" these days. Seems to basically be a platform for political lobby groups.
5. This comment has been removed as it was found to be in breach of our Blog Policies.
6. This comment has been removed as it was found to be in breach of our Blog Policies.
7. mrflibble said...
Just when you think it is safe to hold Sterling the nutters come back out again...
8. mander said...
Yes, Mugabe will win Nobel prize for economics cause he is the father of printing money not the BOE. Recovery of overvalued assests is expected by printing money and these assests should go up in value forever because this is how we get rich (we do not know diferent ways for now) and there is no risk either as derivatives take care of the risk itself.