British "QE" update

[Mega]

http://blogs.telegraph.co.uk/finance...0%99t-working/

Let me break it to them.......it Didn't WORK!
Mike

[rabot10]

Re: British "QE" update

http://blogs.telegraph.co.uk/finance...0%99t-working/

Let me break it to them.......it Didn't WORK!
Mike

Very simple math, it can't work jmho

[coolhand]

Re: British "QE" update

anyone familiar with Guns N Roses "Mr. Brownstone?" Perhaps the chorus will become applicable to the QE here & elsewhere:

"I used to do a little but the little wouldn't do it so the little got more & more..."

[Starving Steve]

Re: British "QE" update

anyone familiar with Guns N Roses "Mr. Brownstone?" Perhaps the chorus will become applicable to the QE here & elsewhere:

"I used to do a little but the little wouldn't do it so the little got more & more..."

Quantitative easing that wouldn't work?

"It seems to me, I've heard that song before; it's from an old familiar score....I know it well, that melody." (Harry James and his orchestra, 1939)

[GRG55]

Re: British "QE" update

Quantitative easing that wouldn't work?

"It seems to me, I've heard that song before; it's from an old familiar score....I know it well, that melody." (Harry James and his orchestra, 1939)

Well if that won't work, perhaps they should do the opposite?

[Slimprofits]

Re: British "QE" update

As you can see from this chart, provided by Fathom Consulting, the growth rate is hardly anywhere near the 7pc minimum you might expect given what the Bank is pumping into the economy. “It implies,” according to Fathom, “that banks are using some of the cash themselves and hoarding much of the rest.”

This sounds unsurprisingly familiar. Are they buying short duration U.S. treasuries?

Maybe this is part of a deal between Washington, London and the Big 5.

The big five need a nick-name. I'm of course referring to Goldman, JPM, Shitty, BoA and Morgan Stanley.

"The too big to fail" might make a good name for a high school EMO band, but I'm thinking we need something catchy, similar to how the oil companies were known as the "Seven Sisters."

[Starving Steve]

Re: British "QE" update

Well if that won't work, perhaps they should do the opposite?

The reason why Bernanke, Carney at the Bank of Canada, and the other central bankers worldwide do not do the opposite, which is drain the money out of the banks and tighten credit, is that to do the opposite would be to follow the path that Herbert Hoover and the Fed followed in the Great Depression. Contacting the money supply was the reason why the Depression got worse and worse and WORSE. And it just kept getting worse.

So, we are kind of condemned to follow in the footsteps of the Bank of Argentina and the Bank of Zimbabwe. That means that hyper-inflation in the long long run is where this current Keynsian economics leads. That is why gold in the long long run is a good investment.

John Maynard Keynes had a famous answer to the question about where inflating the money supply leads to in the long run. He said, "In the long run, we are all dead."

Over a lifetime, gold does TREEEEEEEEEEEEEEEEEEMENDOUS, better than any other asset, by far. But over a period of a year or even five years, gold is very risky.

And so long as you never sell gold, you never owe the taxman one dime on gold. Also, gold is rather immune from lawsuits, divorce lawyers, nursing homes, and things of that nature. :p