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Would A Currency Crisis Stop Qe?

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Just wondering Sterling as already taking a battering would a sterling crisis stop QE in it's tracks?

If the markets take what Mystic Merv is saying as printing money sterling will bomb won't it?

So if we have a currency crisis before quantitative easing can be put into full swing would the BoE have to rethink it's plan?

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Just wondering Sterling as already taking a battering would a sterling crisis stop QE in it's tracks?

If the markets take what Mystic Merv is saying as printing money sterling will bomb won't it?

So if we have a currency crisis before quantitative easing can be put into full swing would the BoE have to rethink it's plan?

Common sense says they should.....................oh dear :angry:

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Guest sillybear2

No, it will lead to where they want to go, a crisis would lead to Euro entry and eventually a world currency. So they can print as much as they like and there'd be no escape, no relative exchange rates so you wouldn't even know (until it's too late). A global currency is their dream, creating fiat paper/digits backed by nothing that cannot be avoided and inflated at will. The destruction of Sterling is just one step in that direction.

Edited by sillybear2

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Just wondering Sterling as already taking a battering would a sterling crisis stop QE in it's tracks?

If the markets take what Mystic Merv is saying as printing money sterling will bomb won't it?

So if we have a currency crisis before quantitative easing can be put into full swing would the BoE have to rethink it's plan?

nope they don't give a ******.

What's happening here is that the economy has fallen off a cliff and they are trying to build a parachute whilst falling with it. It'll all get ripped out of their hands.

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no BOE QE is a smokescreen for a fiscal tsunami there is no way inflation will fall to 2% while the government embarks on one final borrowing spree to end all others seriously

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No, it will lead to where they want to go, a crisis would lead to Euro entry and eventually a world currency. So they can print as much as they like and there'd be no escape, no relative exchange rates so you wouldn't even know (until it's too late). A global currency is their dream, creating fiat paper/digits backed by nothing that cannot be avoided and inflated at will. The destruction of Sterling is just one step in that direction.

But surely the eurozone is going to fall apart before long? and the percieved destruction of sterling is the point where the sheeple switch off eastenders, go outside with a slightly dazed look on their face, and kick off properly? NWO is a fantasy which pretends SOMEONE is in control, they are not. A more likely outcome is that political moves are made to get parliament dissolved, an emergency working group/government installed, and rates eased up slightly with lost cause banks just being let go? There is no way Brown will be allowed to continue until may 2010, the only reason he is still there is that "emergency" political moves will just cause greater panic, and the sheeple seem to have been buying his shite up until a couple of days ago?

Edited by dances with sheeple

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Personally, yes, I think it would. Okay, I'm a rank amateur with regards to this stuff, but it strikes me that the BoE's process for doing, well, anything other than "the same as we did last month" appears to be...

Talk about what's coming next endlessly.

See if anything "bad" gets priced in.

Talk about it some more.

See if anything "bad" gets priced in.

Do a version of whatever it was they were talking about.

See what happens afterwards.

Repeat.

My guess is we'll see a bit of QE, then we'll get a load of "this is not enough" talk, and at some point in that cycle we'll see Sterling hit a point where they really can't attempt the action they've been talking, and said action will be very publicly abandoned with a "we have done enough" statement. Also, as we get closer to the next general election, I suspect we may see some really rather odd movements in Sterling as a result of Those Wot Do Things With Currencies starting to pay attention to what's coming out of the Tory party, rather than what's coming from the BoE and Labour. If Ken Clarke manages to get his "QE is really bad" message over, then we could get a really rather late '09 / early '10.

(As ever, that's just guessing)

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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