Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

UK Prints More Money

Loading...

Sign in or sign up now!
337 views
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Mar 5, 2009

http://thisismylife.co.uk - The Bank of England has cut its official bank rate for the sixth month in a row to just 0.5%, the lowest in the bank's 315-year history. The Bank is to expand the amount of money in the system by £75bn in an attempt to boost bank lending - a process known as "quantitative easing".

Category:

News & Politics

Tags:

License:

Standard YouTube License

  • likes, 0 dislikes

Link to this comment:

Share to:
see all

All Comments (3)

Sign In or Sign Up now to post a comment!
  • buy silver.

  • Its like injecting cocaine on a person who is in COMA in ICU and hoping he will wake up and start running again. Even if he wakes up, the dosage of cocaine will kill him again.

  • They have no real idea what they're doing. They're just trying anything now, in the hope that it works.If the first round of QE fails they have another 70 Billion lined up!

Loading...
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more