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The Bank of England is looking for a "Warp drive"

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  • The Bank of England is looking for a "Warp drive"

    ...to power their printing press!
    http://www.telegraph.co.uk/finance/c...ve-easing.html
    Mike

  • #2
    Re: The Bank of England is looking for a "Warp drive"

    This couldn't have ANYTHING to do with re-cap the banks after 50% haircut on said bonds?
    Mike

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    • #3
      Re: The Bank of England is looking for a "Warp drive"

      Sooner or later they will have to admit that QE is not, of itself; working.

      They need a detailed plan to dig themselves out of the dodo.

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      • #4
        Re: The Bank of England is looking for a "Warp drive"

        Originally posted by Chris Coles View Post
        Sooner or later they will have to admit that QE is not, of itself; working.

        They need a detailed plan to dig themselves out of the dodo.
        Hi Chris Coles,

        Its very easy to get out of a liquidity problem, unless their are people in power that profit from liquidity problems. That is the problem.

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        • #5
          Re: The Bank of England is looking for a "Warp drive"

          Originally posted by gwynedd1 View Post
          Hi Chris Coles,

          Its very easy to get out of a liquidity problem, unless their are people in power that profit from liquidity problems. That is the problem.
          Very neat point. Well said.

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