Quant Easing

Author
Discussion

markcoznottz

Original Poster:

7,155 posts

225 months

Wednesday 21st April 2010
quotequote all
Been thinking about this, because it troubles me deeply, no come to think of it EVERYTHING this governmnet does troubles me.£200 billion already printed for the government to pay its bills, the IMF reckon that there is not enough credit available for us to borrow in the markets 2010/2011 I dont know how that affects the current situation. How long till someone says 'enough!?' Surely if there is a Lib-Lab hung P(heaven forbid) they cannot keep printing?. Where will the money come from, because they sure as hell wont make any cuts. Big dose of inflation maybe? what are the drawbacks of that?

This s***s starting to scare me now or am I being paranoid.


Found a good site on this printing money malarky, as info is hard to come by.

http://cynicuseconomicus.blogspot.com/2009/02/uk-g...

theironduke

6,995 posts

189 months

Wednesday 21st April 2010
quotequote all
The current situation in this country is something that is starting to prey on my mind a lot recently (maybe i shouldn't be looking at buying an old Jag after all... wink ) To add to this it just scares me how many naive people are out there who will be voting for Labour in a few weeks....i talked to a friend last night about this, a friend who is intent on voting labour....i was really saddened at how naive they were about the way things are at the moment....it was really quite sobering.