Thursday, October 21, 2010
Inflation above-target again? Fire-up the presses, cap’n.
Bank of England split three ways as Adam Posen urges extra £50bn stimulus
"On balance, the minutes suggested the Bank is leaning toweards restarting QE. While most MPC members thought the balance of risks had not changed enough to warrant action, some felt the chances that more stimulus would be needed had increased in recent months". Poor Sentance; pishing into the wind month-in, month-out.
Posted by sibley's b'stard child @ 09:57 AM (941 views)
2 thoughts on “Inflation above-target again? Fire-up the presses, cap’n.”
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Crunchy says:
Go on Merv, just try letting the tiger out of the bag and deal with the convulsions when you try and force it back in.
You had your chance when it was a pussy. Deflation would have been the easier route, but no.
Simon says:
I guess this is what caused the massive fall in the pound today .
No way should Merv still have a job ,