Jump to content
House Price Crash Forum
Sign in to follow this  
AvidFan

Ecb: Lend You B@stards!

Recommended Posts

http://www.bloomberg.com/avp/avp.asxx?clip...80817615&A=

Printy, printy.

And now:

http://www.lse.co.uk/MacroEconomicNews.asp...bonds_-_fin_min

Bundesbank could buy up corporate bonds - Fin Min

9-JUL-2009 14:50

BERLIN, July 9 (Reuters) - Germany's central bank, the Bundesbank, could be used to buy up corporate bonds to help ease a squeeze on credit markets, German Finance Minister Peer Steinbrueck was quoted as saying on Thursday.

Printy, printy, printy.

:unsure:

Share this post


Link to post
Share on other sites

Dear Central Bankers,

I run a small business and need money to buy another computer.

I am happy to issue a bond to you payable in 2069 at a rate of 4% in the sum of £4,000,000.00.

when the interest becomes due next year, I am pleased to inform you that I will be issuing a further bond next year for £4,000,000.00, so payment is guaranteed.

Please make your check payable to the keep Blooloo in funds fund.

Kind regards

Bloo Loo.

Share this post


Link to post
Share on other sites
It's not quantative easing.

And its only 0.6pct of GDP.

its printing.

and so far.

Share this post


Link to post
Share on other sites
More debt it's the solution to everything.

so hows that working out for the UK?

recoverah! :lol:

Edited by yelims

Share this post


Link to post
Share on other sites
It's not quantative easing.

And its only 0.6pct of GDP.

Nibbling on something delicious always leads to the temptation of taking a big bite out of it...

Share this post


Link to post
Share on other sites
It's not quantative easing.

And its only 0.6pct of GDP.

I think the covered bond purchases are printing - real QE.

The bundesbank idea is I think a debt swap (central bank collateral for corporate debt).

When the IMF says the UK doesn't have enough money for another round of QE, I reckon they're just saying what they've been told to say.

Because the UK is an integrated economy, I reckon we fully intended to not stimulate next year and let the rest of the world spend instead, to lift us up.

I.e. as primarily consumers, we spend first to lift the productive countries up a little...

Then they spend to try and keep the flame alight, picking us up via secondary industries/services money flow.

Edited by AvidFan

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 407 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.