QE "flame out" the British face what's coming

[Mega]

As with the US The British tried to "QE"....but the most debt ridden nation on the Planet is starting to smell FEAR:-

http://www.guardian.co.uk/business/2...-fears-economy
Mike

[Starving Steve]

Re: QE "flame out" the British face what's coming

Not only does quantitative-easing prove to be a complete failure in Canada and America, but inflation is accelerating, especially in food prices and in utility bills. And in California, gangs are burning-down stores and homes and cars. Same thing here in Victoria, BC: Colwood Corners Mall had some stores burned-down. My barber had his shop burned-down along with an entire wing of the mall in Colwood. Nothing was left. So things are horrid to-day. QE didn't work, and the deficits have to be paid back. What total idiots running the central banks!

www.bclocalnews.com/news/95730724.html

[reggie]

Re: QE "flame out" the British face what's coming

Not only does quantitative-easing prove to be a complete failure in Canada and America, but inflation is accelerating, especially in food prices and in utility bills. And in California, gangs are burning-down stores and homes and cars. Same thing here in Victoria, BC: Colwood Corners Mall had some stores burned-down. My barber had his shop burned-down along with an entire wing of the mall in Colwood. Nothing was left. So things are horrid to-day. QE didn't work, and the deficits have to be paid back.

They are?

What total idiots running the central banks

The science of Complexity Theory has been in development for quite some time now, which allows a "system" to operate on the edge of chaos and still remain under control. The central bankers will be okay.

[oddlots]

Re: QE "flame out" the British face what's coming

In case anyone thinks SS is making it up:

http://www.bclocalnews.com/news/95730724.html

Unfortunately the reporter failed to connect the dots. He makes no mention of QE as a motive.

[ThePythonicCow]

Re: QE "flame out" the British face what's coming

In case anyone thinks SS is making it up:

http://www.bclocalnews.com/news/95730724.html

Starving Steve said "gangs" were causing fires. I see no indication whatsoever that gangs caused this fire.

[Mega]

Re: QE "flame out" the British face what's coming

Gang tend to do what they are paid to do,,,you know insurance jobs!
But i think HELL will be coming.

Mike

[Starving Steve]

Re: QE "flame out" the British face what's coming

The gang-writing on the walls of buildings, trucks, utility poles, etc. shows to me that Victoria has a gang problem that has become out-of-hand. The writing is now bigger this year, and it is everywhere. And now we have the "lightening strikes" and "mysterious fires", just like in California, except that this summer has been completely cloud-free and rainless in British Columbia.

I don't know exactly how gangs work, but I would guess that gang members get a promotion by lighting fires and doing other major crimes. Might that promotion guarantee them a bigger share of the drug revenue pie? We have Hell's Angels here on Vancouver Island growing pot, and they are a very scary bunch. The Mexican Mafia ( tagging marks: MM or M ) in Mexico City runs the Hell's Angels. In California, los Surenos ( tagging marks: X3 or 13 ) are run by the Mexican Mafia too.

It is scary as hell!

How is my barber doing? He moved down the Island Highway a few blocks west in Colwood, BC. Haircuts which cost $13 last year now cost $16. Doing the arithmetic, I would say that 16/13 = 1.2308 = 23% inflation in one year. But that is nothing; food prices are up even more. And the Bank of Canada is oblivious to this! It is hilarious and tragic: while the stores burn-down and prices hyper-inflate, the Bank of Canada is oblivious! Same thing in America; the Federal Reserve Bank is oblivious.

While economists babble to each other in Greenspanese about a so-called "deflation risk", the consumer inflation is going like a house-on-fire.

[GRG55]

Re: QE "flame out" the British face what's coming

The gang-writing on the walls of buildings, trucks, utility poles, etc. shows to me that Victoria has a gang problem that has become out-of-hand. The writing is now bigger this year, and it is everywhere. And now we have the "lightening strikes" and "mysterious fires", just like in California, except that this summer has been completely cloud-free and rainless in British Columbia.

I don't know exactly how gangs work, but I would guess that gang members get a promotion by lighting fires and doing other major crimes. Might that promotion guarantee them a bigger share of the drug revenue pie? We have Hell's Angels here on Vancouver Island growing pot, and they are a very scary bunch. The Mexican Mafia ( tagging marks: MM or M ) in Mexico City runs the Hell's Angels. In California, los Surenos ( tagging marks: X3 or 13 ) are run by the Mexican Mafia too.

It is scary as hell!

How is my barber doing? He moved down the Island Highway a few blocks west in Colwood, BC. Haircuts which cost $13 last year now cost $16. Doing the arithmetic, I would say that 16/13 = 1.2308 = 23% inflation in one year. But that is nothing; food prices are up even more. And the Bank of Canada is oblivious to this! It is hilarious and tragic: while the stores burn-down and prices hyper-inflate, the Bank of Canada is oblivious! Same thing in America; the Federal Reserve Bank is oblivious.

While economists babble to each other in Greenspanese about a so-called "deflation risk", the consumer inflation is going like a house-on-fire.

I know this is a risky move...but I can't help but ask you the question "What exactly should the Bank of Canada do to reduce gang violence in B.C.?" Raise interest rates some more?