0.5% and Quantative Easing - Page 2 - SV650.org

05-03-09, 03:35 PM

Quote:

Originally Posted by keith_d

I also from Nigeria, but I am big worried your Pounds are going to be worth less than our Naira. Please be converting your savings to Yankie Dollars before sending them to me, and I will invest them in Naira with you for big rewards. My uncle is big man in the army (he is cook).

Ayma Robbinyou

Quality!

05-03-09, 03:55 PM

Last time round I had a letter from the lender saying that they weren't passing it on and I don't spose they'll pass this on either.

A friend has invited us on their yacht in Turkey for a week, great thing is that the Turkish Lira is doing just as bad as the pound, so it's not like going to the €-zone.

Anyway I'm Chancellor of the Exchequer, I didn't get here by not being able to use a calculator, tyou know. You're all in safe hands, trust me...

05-03-09, 03:56 PM

I've found an article in the Financial Times from last October, by an economist who's written a book called "The Credit Crunch". He said that the only solution to the current situation is to reduce interest rates and quantitative easing:
http://blogs.ft.com/economistsforum/...is-the-answer/

It appears that the government is following his advice.

Viney · 05-03-09, 04:09 PM

Quote:

Originally Posted by Ed

Last time round I had a letter from the lender saying that they weren't passing it on and I don't spose they'll pass this on either.

A friend has invited us on their yacht in Turkey for a week, great thing is that the Turkish Lira is doing just as bad as the pound, so it's not like going to the €-zone.

Anyway I'm Chancellor of the Exchequer, I didn't get here by not being able to use a calculator, tyou know. You're all in safe hands, trust me...

Thats good to know. I is off to Turkey in june and have no idea if the 2.2 to the pound is good or bad?

Biker Biggles · 05-03-09, 05:01 PM

Last throw of the dice this printing money lark.They have absolutely nothing else to offer,so its a case of **** or bust.The frightening part is that our great leaders,the great and the good,have no idea if it will work or not.What thay have demonstrated is that ,collectively,they are no better at running the country than you or I.Just better at bullsh1t to get themselves there in the first place.A bit of a metaphor for our whole economy perhaps?

dizzyblonde · 05-03-09, 05:13 PM

I think we should do what some sort of ancient greek or somebodies society did. Pick a member of the public to run the country each month. Probably end up better than it is right now. If they can take pot luck at stuff, why not everybody have a go!

05-03-09, 08:28 PM

Wo hooooo a bit of good news for me for a f-ing change, another 0.5% off my mortgage!!!

05-03-09, 09:17 PM

Hope everyone has bought their wheelbarrow, you know, for carrying enough money to Sainsburys to pay for your loaf of bread

05-03-09, 10:15 PM

Meh, I'll eat cake instead!

05-03-09, 10:31 PM

I intend to fully support the Bank of England in its quantitive easying, in fact I have to move the bike out of the garage to make room for the printing press.

I will be selling freshly quantitivly eased £20 notes for £10 each.

Please post your cash only payments to

A. Robber
11 Downing Street
Banana Republic
Sceptic Isle.

Thank you for your contributions.

05-03-09, 03:55 PM	#12
Ed Guest Posts: n/a	Re: 0.5% and Quantative Easing Last time round I had a letter from the lender saying that they weren't passing it on and I don't spose they'll pass this on either. A friend has invited us on their yacht in Turkey for a week, great thing is that the Turkish Lira is doing just as bad as the pound, so it's not like going to the €-zone. Anyway I'm Chancellor of the Exchequer, I didn't get here by not being able to use a calculator, tyou know. You're all in safe hands, trust me...

05-03-09, 03:56 PM	#13
wyrdness Guest Posts: n/a	Re: 0.5% and Quantative Easing I've found an article in the Financial Times from last October, by an economist who's written a book called "The Credit Crunch". He said that the only solution to the current situation is to reduce interest rates and quantitative easing: http://blogs.ft.com/economistsforum/...is-the-answer/ It appears that the government is following his advice.

05-03-09, 05:01 PM	#15
Biker Biggles Member Mega Poster Join Date: Jan 2005 Location: Barnet Herts Posts: 5,071	Re: 0.5% and Quantative Easing Last throw of the dice this printing money lark.They have absolutely nothing else to offer,so its a case of **** or bust.The frightening part is that our great leaders,the great and the good,have no idea if it will work or not.What thay have demonstrated is that ,collectively,they are no better at running the country than you or I.Just better at bullsh1t to get themselves there in the first place.A bit of a metaphor for our whole economy perhaps? __________________ On a clear day we stand there and look further than the ordinary eye can see.

05-03-09, 05:13 PM	#16
dizzyblonde Da Cake Boss Mega Poster Join Date: May 2007 Location: On a flying Horse Posts: 9,992	Re: 0.5% and Quantative Easing I think we should do what some sort of ancient greek or somebodies society did. Pick a member of the public to run the country each month. Probably end up better than it is right now. If they can take pot luck at stuff, why not everybody have a go! __________________ Suzy, yellow 2001 SVS. Kitty, V-Raptor 1000, ZZR1400<<its my bike now Pegasus! Hovis 13.8.75-3.10.09 Reeder 20.7.88-21.3.12

05-03-09, 08:28 PM	#17
krhall Guest Posts: n/a	Re: 0.5% and Quantative Easing Wo hooooo a bit of good news for me for a f-ing change, another 0.5% off my mortgage!!!

05-03-09, 09:17 PM	#18
Warthog Guest Posts: n/a	Re: 0.5% and Quantative Easing Hope everyone has bought their wheelbarrow, you know, for carrying enough money to Sainsburys to pay for your loaf of bread

05-03-09, 10:15 PM	#19
injury_ian Guest Posts: n/a	Re: 0.5% and Quantative Easing Meh, I'll eat cake instead!

05-03-09, 10:31 PM	#20
seedy100 Guest Posts: n/a	Re: 0.5% and Quantative Easing I intend to fully support the Bank of England in its quantitive easying, in fact I have to move the bike out of the garage to make room for the printing press. I will be selling freshly quantitivly eased £20 notes for £10 each. Please post your cash only payments to A. Robber 11 Downing Street Banana Republic Sceptic Isle. Thank you for your contributions.