Friday, Oct 09, 2009

Blanchflower attacks Cameron on QE

Press Association: Cameron money comments 'dangerous'

David Cameron's suggestion that the policy of printing money would stop under a Conservative government has been branded "wildly dangerous" by Mr. Blanchflower a former senior Bank of England official.

Posted by mander @ 11:04 PM (1479 views)
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9 Comments

1. devo said...

money printing aka QE or quantitative easing

depression if we do; if we don't: Depression.

Which is it to be?

Friday, October 9, 2009 11:21PM Report Comment
 

2. chrisa said...

'David Cameron's suggestion that the policy of printing money would stop under a Conservative government has been branded "wildly dangerous" by a former senior Bank of England official'

Is Blanchflower mental or what? Why does anyone bother to report the drivel that issues from this moron?

Friday, October 9, 2009 11:42PM Report Comment
 

3. devo said...

From the article:

Alistair Darling: The economy will crash if we stop supporting it via quantitative easing ( QE, money printing).


printy printy

;]

Friday, October 9, 2009 11:43PM Report Comment
 

4. hpwatcher said...

' Mr. Blanchflower ' is dangerous.

Friday, October 9, 2009 11:52PM Report Comment
 

5. chrisa said...

'Alistair Darling: The economy will crash if we stop supporting it via quantitative easing ( QE, money printing).'

Gordon Brown: No return to boom and bust policies
We are well placed to weather the storm with our strong fundamentals
A weak currency is a sign of a weak economy and a weak government

Friday, October 9, 2009 11:53PM Report Comment
 

6. quiet guy said...

Blanchflower does seem to enjoy the limelight as a UK economic commentator and presumably this suits the press, judging by how often we hear about the thoughts of this person who is no longer a member of the MPC and doesn't even live in this country.

If we stop buying our debts, there will be pain and Blanchflower will say 'told you so.'

If we keep buying our debt, Blanchflower will say it would have been worse if we'd kicked the habit.

He's on a roll.

Saturday, October 10, 2009 12:32AM Report Comment
 

7. cat and canary said...

right, Darling/Blanchflower, so...

.... if all your boats have holes in them and are sinking, you could tie them all together to make a much bigger boat - and call it the "Lloyds-TSB-RBS-Norther Rock" boat!

Then you could keep the water from overwhelming you by using this big QE bucket!


Utter deception, smoke and mirrors from our politcal masters

Saturday, October 10, 2009 10:30AM Report Comment
 

8. Lucas said...

Blanchflower is an american and has no business intervening in british economic matters. It's because of people like him that kept voting for loose monetary policy while asset prices and economy was growing at unsustainable levels that got us into this mess in the first place.

Saturday, October 10, 2009 11:04AM Report Comment
 

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