Sunday, July 26, 2009

Print more money to destroy the pound and trigger inflation?

Blanchflower Says BOE Risks Choking Off Recovery

Former Bank of England policy maker David Blanchflower said the central bank risks cutting the economic recovery short and should expand the program to buy bonds with newly created money. The honourable gentleman although no longer working for BOE still advices on creating worthless paper money.

Posted by mander @ 10:01 AM (814 views)
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3 thoughts on “Print more money to destroy the pound and trigger inflation?

  • little professor says:

    Ah, danny boy never fails

    Reply
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  • This ”person” is putting a couple of years of well being, above the actual mechanism of money, which has taken hundreads of years to establish.

    The rantings of a socialist.

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  • David Hurst says:

    Blanchflower would have us sleepwalking into a second, even worse, credit cruch if his shocking advice was followed.

    The man is smug beyond words and a complete idiot.

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