tag:blogger.com,1999:blog-32841798.post73964138824126948..comments2024-03-28T22:45:51.014+00:00Comments on Capitalists@Work: IMF verdict saves FTSE, screws UKCityUnslickerhttp://www.blogger.com/profile/15929544047783163175noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-32841798.post-7290556949605811962011-06-08T15:06:00.572+01:002011-06-08T15:06:00.572+01:00Whereas an economic depression benefits who, exact...Whereas an economic depression benefits who, exactly?Old BEhttps://www.blogger.com/profile/06974090439936326476noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-64595288842098778042011-06-08T12:10:31.082+01:002011-06-08T12:10:31.082+01:00QE reduces the fucking govts debt and screws every...QE reduces the fucking govts debt and screws everybody else. Maybe all you boys on here are so well-heeled that the cost of living doesn't bother you but lots out there are very squeezed-not to mention the energy price green rip-offs being carried by the plastic-faced boy, huhne and the rest of those scum calling themselves a govt.Mr Ecksnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-58929757856039948232011-06-07T20:13:23.489+01:002011-06-07T20:13:23.489+01:00Harking back to inflation and the economy... have ...Harking back to inflation and the economy... have you seen the price increases from Scottish Power? I remember a conversation here not too long ago about energy prices increasing by 20% over the next <b>decade</b>. Well that's put that to bed. <br /><br />[Timbo looks up latest prices of solar panels...hmmm more attractive every year!.] ITYS!<br /><br />P.S. I thought there was a world-wide glut of cheap gas! Humpf!Timbo614https://www.blogger.com/profile/14671168026195402267noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-31555777339093900702011-06-07T15:02:15.509+01:002011-06-07T15:02:15.509+01:00The very big problem is the scale of the monetary ...The very big problem is the scale of the monetary leakages from the UK via the Alternative and Illegal Economies. The more QE the bigger they are. They do nothing and could be even damaging to the UK real and Taxable economy.Demetriushttps://www.blogger.com/profile/17198549581667363991noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-49377188572060580902011-06-07T13:59:29.108+01:002011-06-07T13:59:29.108+01:00We had ten fat years by increasing debt, it follow...We had ten fat years by increasing debt, it follows that we will have ten lean years paying off debt.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-91180479077297284932011-06-07T12:37:39.630+01:002011-06-07T12:37:39.630+01:00Send the debtors a voucher to pay the bills off an...Send the debtors a voucher to pay the bills off and raise interest rates to 3%, everyone will be happy but cautious.<br /><br />At some point we are going to have to gamble, until the euro is dealt with I dont see much opportunity to do just that.Seanhttps://www.blogger.com/profile/04362169593902131947noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-16058971911340780742011-06-07T12:30:12.947+01:002011-06-07T12:30:12.947+01:00Can anyone explain to me just WHY we need permanen...Can anyone explain to me just WHY we need permanent growth?Elby The Berserknoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-18352939902267153692011-06-07T12:13:54.341+01:002011-06-07T12:13:54.341+01:00But doesn't the IMF (and others) argue that le...But doesn't the IMF (and others) argue that letting the recession take its course will actually reduce long-term productivity, because inactive people don't learn new skills they forget old ones.<br /><br />Also, the money doesn't just pump up asset prices, money invested in the stock market allows those companies to invest in their businesses. <br /><br />Surely by diluting the existing money QE reduces debt not increases it?Old BEhttps://www.blogger.com/profile/06974090439936326476noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-43372219894213044822011-06-07T11:14:36.070+01:002011-06-07T11:14:36.070+01:00BE - My query is why fight the recession every tim...BE - My query is why fight the recession every time. This is politics. After the financial disaster we have had you should expect a horrible recession or even depression, but fighting it off with constant QE (note I said QE would get to £350 billion when it started) we are stealing from the future in terms of forcing higher rates and restricted growth. Labour stole from teh future with excessive borrowing too. <br /><br />At some point we have to man up and face the consequences of our actions.CityUnslickerhttps://www.blogger.com/profile/15929544047783163175noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-39383110573183718022011-06-07T11:05:13.307+01:002011-06-07T11:05:13.307+01:00If George QE's he can fuck the fuck right off....If George QE's he can fuck the fuck right off. It's a proper dangerous strategy and they have been quite canny so far. The right are already quariling - this is an Arnem decision with unforeseeable ramifications and one which I would definately advise against. Politics is not economics and should never be aggregated.<br /><br /> The Governor of the BoE has prooved himself to be a good lad. Why the fucking hellski they retained Gus O'Donell as head of the Civil Service baffles me.Dick the Pricknoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-71732222267158440092011-06-07T10:30:07.116+01:002011-06-07T10:30:07.116+01:00One could think of what both the Bernanke and Osbo...One could think of what both the Bernanke and Osborne are doing to their respective economies as being the pumpmen on one of those old air pumps that were used to supply helmeted divers with air.<br /><br />They are committed to continue to pump or the diver (economy) dies.<br /><br />We're doomed!Barnacle Billhttps://www.blogger.com/profile/17257546424880537005noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-61081276402559880822011-06-07T09:42:25.684+01:002011-06-07T09:42:25.684+01:00Tight fiscal, loose monetary seems like the only w...Tight fiscal, loose monetary seems like the only way to go. Or is there some clever alternative that nobody has mentioned yet?Old BEhttps://www.blogger.com/profile/06974090439936326476noreply@blogger.com