The Bank of England created all this inflation with QE: - Quantitative Easing Explained Just exchange the Fed with the BoE and ‘THE BEN BERNANK’ with ‘THE MERVY KING’. Quantitative easing = printing money = creating money out of thin air = increasing the money supply = inflation = hidden tax on monetary assets = [...] continue reading world news
Dienstag, 21. Dezember 2010
UK: Interest Rates ‘Will Have To Rise Sixfold in 2 Years’ to Cope With Rising Inflation
The Bank of England created all this inflation with QE: - Quantitative Easing Explained Just exchange the Fed with the BoE and ‘THE BEN BERNANK’ with ‘THE MERVY KING’. Quantitative easing = printing money = creating money out of thin air = increasing the money supply = inflation = hidden tax on monetary assets = [...] continue reading world news
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