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

Footis Rise Is Down To "qe"

Recommended Posts

...like pushers of a miracle drug that can defer hangovers forever. The trouble is that we get hangovers for a good reason. If we didn’t get them, we might keep on drinking and drinking until we poisoned ourselves

:)

Share this post


Link to post
Share on other sites

Angus said: “Quantitative easing is a phrase which bears the same relationship to ‘printing money’ as ‘terminological inexactitude’ does to ‘lie’.

“It is a dishonest name for a dishonest activity. Some have even called it state-sponsored theft.

“It has temporarily made the financial markets drunk on hopes of an economic recovery, but I can’t see how such a recovery can possibly be anything other than faltering, fragile [and] fraudulent.

The entire system and most of its participants are hopelessly corrupt. A self-deluded PM, Banksters, MPs, Vetinarians, EAs.....

We have what we hoped for and deserve.

How do we turn the tide and bring back decent values and core ehtics?

Share this post


Link to post
Share on other sites

Naturally.

If you print 20% more money while the value of an asset (say, a UKPLC share) is near-as-dammit unchanged, the price of that asset rises by 20%.

Houses, Shares, and daddy bear's signature are among the places QE is showing up.

Share this post


Link to post
Share on other sites
Angus said: “Quantitative easing is a phrase which bears the same relationship to ‘printing money’ as ‘terminological inexactitude’ does to ‘lie’.

“It is a dishonest name for a dishonest activity. Some have even called it state-sponsored theft.

“It has temporarily made the financial markets drunk on hopes of an economic recovery, but I can’t see how such a recovery can possibly be anything other than faltering, fragile [and] fraudulent.

The entire system and most of its participants are hopelessly corrupt. A self-deluded PM, Banksters, MPs, Vetinarians, EAs.....

We have what we hoped for and deserve.

How do we turn the tide and bring back decent values and core ehtics?

When China takes over & ENFORCES new rules!

Mike

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   295 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

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.