View Full Version : YAY!!! More money!!! YAY!!

Dr. Socially Liberal Fiscally Conservative Vermin
6th October 11, 09:28 AM
The Bank of Englandís Monetary Policy Committee has held interest rates at decidedly boring 0.5% - but thatís not the real news: itís also decided to pump another £75bn into the economy in the form of quantitative easing, after the Office of National Statistics revealed yesterday that the economy had grown by just 0.1% between April and July. Itís decisive stuff, particularly considering many economists had expected the MPC to delay any decision on the matter until November. But will it be enough to ward off the effects of the eurozone debt crisis?

Quantitative Easing is back, and £75bn better (http://www.managementtoday.co.uk/news/1097540/quantitative-easing-back-75bn-better/)


6th October 11, 09:49 AM
Now Cullion can bitch about his own banks instead of telling us what to do! Maybe I'll get to stop hearing things like, "This costs £10, or $50."