Where does the Bank of England get £65bn to buy debt? It's printed. Are we effectively just printing money? Yes. It is quantitative easing. Will it weaken the pound? Yes. The more abundance there is of something, the less value it has. It will also create more inflation, as history has told us.
QE needs to be applied when the inflation is at 1% so it doesn't go to deflation, right now inflation is at 10% talking about QE now is like putting a nuke inside the inflation.
Risk taking is part and parcel of any improvement. If there were to be a fail-safe method to fix hardship then all the world's losers would be all over it. There isn't. By the way Sky and BBC are the most negative thinking news outlets. Though they do present their negativity with a good degree of professionalism.
Why is this Ed Conway guy even sitting in the panel? He didn’t utter a single useful word! The only one really answering the questions to satisfaction is Ian King.
I blame Brexit, no sorry I blame COVID, no no I blame Putin, no I mean Government. Why don't we blame ourselves for sleeping walking into this mess, for letting Government get to big. 😉
To the people that voted for the Tories / Truss - well done.
To the people that voted for L down and in vy dng russia, well done
B - people who voted tory/Boris didn't vote for bloody Truss & Kwarteng!!!!
People who vote! 🤭😆😂🤣😁
I hope this is sarcasm! Hard to tell considering the utter nonsense Tory voters parrot these days.
A person with gratitude will always be
respected and loved.
*I totally underestimated Liz Truss. I did say that she would trash the economy in six months. Wow she has done it in a week!*
Where does the Bank of England get £65bn to buy debt? It's printed.
Are we effectively just printing money? Yes. It is quantitative easing.
Will it weaken the pound? Yes. The more abundance there is of something, the less value it has. It will also create more inflation, as history has told us.
QE needs to be applied when the inflation is at 1% so it doesn't go to deflation, right now inflation is at 10% talking about QE now is like putting a nuke inside the inflation.
Risk taking is part and parcel of any improvement.
If there were to be a fail-safe method to fix hardship then all the world's losers would be all over it. There isn't.
By the way Sky and BBC are the most negative thinking news outlets. Though they do present their negativity with a good degree of professionalism.
Why is this Ed Conway guy even sitting in the panel? He didn’t utter a single useful word! The only one really answering the questions to satisfaction is Ian King.
I agree. A big turn off could not even define "Supply side Economics." What kind of expert analysis is he giving?
Name Kantila Meesin ชื่อ ขันธิลา มีศิลป์
I blame Brexit, no sorry I blame COVID, no no I blame Putin, no I mean Government. Why don't we blame ourselves for sleeping walking into this mess, for letting Government get to big. 😉
All staged managed for the klaus schwab great reset
Hopefully they will sack all those useless civil servant's and liberal do gooder's who get offended on other people's behalf. Billions saved there
🤡