UK to have even more Quantitative Easing (19Aug09)

The asset / saving / currency devaluing New Labour and Bank of England wheeze called Quantitative Easing was proposed to be ramped up even more than what was settled on in the last BoE meeting (now £175bn).

New Labour are determined to smash the value of savers cash, and smash the UK Pound so the UK is ready to join the funny money Euro zone. Anyone with a mortgage or otherwise borrowing is laughing their heads off at their cheap deals, whilst savers see their savings turn to dust in a deliberate scorched earth policy.

Recorded from Channel4 News, 19 August 2009.

Category:

News & Politics

Tags:

• uk
• asset
• savings
• savers
• currency
• state
• devalue
• steal
• sponsored
• theft
• robbery
• quantitative
• easing
• new
• labour
• crooks
• bank
• of
• england
• shysters
• scorched
• earth
• economics

[pondman27]

And there you have it. The debts once put into place, can never be repaid since they comprise of virtually all of the money that is "CREATED"

So money is today nothing more than a fiction & its continued creation is the cause of inflation & the enslavement of the nation.

I find it amazing, that we have allowed this deception to rob people of their real equity for so many centuries.

We are now close to the point where the pound will be be replaced by the Euro, another fiat currency

[britdog01]

another huge de-valuing of our currency, you theiving ********.

politions and bankers need to be investigated, unfortunetly our police have been replaced with, revenue collectors.

I'm sure only one thing will come of this and thats another round of gross bonuses.

[bayhoecott]

I wish I had emigrated to New Zealand. Too late now. Will we end up like Iceland or Zimbabwe.

All my hard earned money is now gradually being stolen by Gordon Browns Quantative Easing. If I had had my time over again I think I would have been better off being a perpetual scrounger.

[JamieA44]

Join the EURO, its the 2nd largest reserve currency after the Dollar and it is slowley replacing the doller in other areas!

More countries outside the Eurozone now issue the bonds in Euros that Dollars ! Its time for the UK to shake of this nerotic attuied about the EU

[ZupaSC]

Eat, drink and be merry for soon, it will be war but a war like no other.

Good luck to those that deserve it, rot in hell those that caused it.