Huguenot Posted December 24, 2009 Share Posted December 24, 2009 'tis the nature of Quantitative Easing that it's a simplification.Seeding the economy, laying the foundation for growth that otherwise could not have happened.The only other method to make cash is to bet on failure, a strategy that is both unpleasantly self-fulfilling and has the natural conclusion of systemic bankruptcy. You can't bet on failure forever as there's no-one left to pay out. Link to comment https://www.eastdulwichforum.co.uk/topic/9225-people-power/page/2/#findComment-279501 Share on other sites More sharing options...
???? Posted December 24, 2009 Share Posted December 24, 2009 QE is just methadone to get us off the heroin. Another substitute for our illusions, when it stops, and it has to as it is 'nothing' we're back to where we were...without any paddle Link to comment https://www.eastdulwichforum.co.uk/topic/9225-people-power/page/2/#findComment-279521 Share on other sites More sharing options...
Brendan Posted December 24, 2009 Share Posted December 24, 2009 Don?t be so negative quids. It is perfectly sensible, in fact it is fantastically clever, to have an economy based solely on how much money the country owes itself. Merry Christmas. Link to comment https://www.eastdulwichforum.co.uk/topic/9225-people-power/page/2/#findComment-279557 Share on other sites More sharing options...
mockney piers Posted December 25, 2009 Share Posted December 25, 2009 It is admittedly bonkers, but then money is in and of itself a faith based product, a bit like west ham, hence the leeway...Happy christmas, goodwill etc etc Link to comment https://www.eastdulwichforum.co.uk/topic/9225-people-power/page/2/#findComment-279613 Share on other sites More sharing options...
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