quantitative easing ??

[joggerjayne]

So Harriet Harman says that the Government is going to boost the Economy by "Quantitative Easing" ...

Duuhh ... Hellooo ??!!

Are we stupid?

Do we respond to being patronised?

Just in case the full implications of QE passed you by too quickly (as the Govt. was hoping), here is Harriet Harman's statement, translated from "Complete Crap" into "Simple English" ...

1. We're going to print money.

2. You won't be getting any of it.

3. The additional money in circulation will push up prices.

4. You will be worse off.

5. Tough titties.

So next time Ms Harman promises that Quantitative Easing will help the Economy, just remember ...

YOU are not "the Economy"

... so you're screwed.

That was my rant of the day.

[joggerjayne]

Don't know.

I only read it in yesterday's Observer, Doc.

Are you saying I'm a bit slow? LOL

I'll have to change my name from joggerjayne, to

... jogg Duhh! jayne

[legendis.god]

its already done the damage



all done


innit?


doc get reday for a good piccy lol

[legendis.god]

doc its from the parade

i sense you using some mel brooks
springtime for hitler music

lol

[joggerjayne]

Ms Harman seems to be basing her economic role model on ...

Zimbabwe (as you say)

Imperial Japan

1930s National Socialist Germany

Hmm ... time to open a bank account somewhere safely abroad, where this Govt can't fcuk it up.

I was thinking of Iceland, LOL.

[Barmaid]

When they printed loads of extra money in Poland the whole thing was devalued beyond words and eventually had to be rejigged.

Anyway, I thought QE meant "lots of sex". But I suppose the end result is we still get screwed.

[paraffin]

And there I was thinking that I was the only cynical barsteward on these sites ??????????????????