Friday, Nov 06, 2009
Some interesting charts on QE
Telegraph: Everything you need to know about the economy in four pictures
As we all know, the Bank of England is creating money (it doesn’t like to call it “printing” but the net result is the same) like gangbusters. This morning it committed to creating a further £200bn of the stuff. Now, what alarms many of you, and rightly so, is the fact that it is using this money to buy Government debt.
Posted by mnorman @ 01:15 PM (155 views) Add Comment
- 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
No comments have been submitted.
Be the first person to add your comment by completing the form below.