Friday, May 20, 2016

Underlying weakness in British economy may necessitate ‘additional monetary stimulus’,

Bank of England may need to cut interest rates even if UK stays in EU

Its not BREXIT, its a global deflationary slump, stupid. Of course, BREXIT would help encourage wage inflation and help lift the UK economy from its present malaise, but the globalists in charge will not tell you that, because it does not support their corporatist objectives..

Posted by libertas @ 04:38 AM (2841 views)
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4 thoughts on “Underlying weakness in British economy may necessitate ‘additional monetary stimulusÂ’,

  • Unfortunately the link isn’t responding – a bit like the the economy not responding to a lowering of interest rates ! Best fire up the printing presses and give everyone fresh cash to spend

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  • https://www.theguardian.com/business/2016/may/19/bank-of-england-interest-rates-cut-eu-referendum-remain-vote

    Recently, the Governor of the Bank of England said that inflation might rise sharply if we left the EU which would imply rate rises to conventional economists. Vlieghe says rates may have to be cut if we leave the EU. The message I am getting here is that interest rates might rise or fall if we go for Brexit. Isn’t that useful.

    I predict house prices might fall, stay put or rise whether we leave the EU or not. Maybe.

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  • And so the fundamental question is principle and morality.

    Do you want to live in a Parliamentary Democracy with accountable politicians or a Soviet style bureaucracy where MEPs cannot introduce legislation and where their vote is advisory only, where laws are created entirely by technocrats, i.e. the Civil Service, and unelected Commissioners and we do not even know who votes for the Presidents and how, yet they get paid more than Obama.

    Time to wake up to the scam and bail before like the Soviet Union, it collapses. Would you rather be East or West Germany?

    Which side of the iron curtain do you wish to dwell?

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