Sir Keir Starmer Under, Fresh...
News1 min ago
The Majority of Brits now blame Brexit for fuelling inflation and the cost of living crisis, as well as leading to a record net migration,... a new poll has shown....This poll by Opinium says out of 22.000 people interviewed 48% said Brexit was bad for the UK .While only 22% thought that Brexit had a good impact . Two thirds said Brexit has been a factor of sky high inflation 46% also say Brexit had a bad impact on the NHS and 53% said Brexit had reduced the ability to control their own borders So there you go then "You have never had it so bad.
This is my post don't join in if you just want to snipe at me OK
No best answer has yet been selected by gulliver1. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.TORATORATORA, "Anyone with a remote grasp of economics knows that QE = Inflation."
Really?
"The biggest criticism of QE is that it might cause rampant inflation,” says Tilley [chief economist at Wilmington Trust in Philadelphia and a prior economic advisor at the Federal Reserve Bank of Philadelphia].
But that doesn’t always happen. For instance, inflation never materialized in the 2009-2015 period when the Fed implemented QE in response to the financial crisis."
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"QE has supported our aim of having low and stable inflation
Research on the functioning and effectiveness of QE suggests that it has supported our aim to keep inflation in low and stable. This aim is known as ‘monetary stability’."
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"What I assemble is data that shows that although QE clearly did increase the money supply it did not in any way influence inflation upward."
'Last week, deputy governor Ben Broadbent said that the perceptions that QE leads to rapid growth in the money supply and excessive inflation “are not well supported by the evidence”.'
"A little learning is a dangerous thing ;
Drink deep, or taste not the Pierian spring"
Alexander Pope
I strongly recommend that you, if you are able to comprehend grown up dialogue, read the article in the Briefings for Britain link that I posted earlier. It is concise without missing detail, and measured without being partisan. It is not likely to be available in any Eeyoo report and is strangely missing from our "legacy" outlets.
I could post a Brexit disaster story everyday on here – but to Brexiteers Brexit is a cult, and woe betide anyone who criticises their beloved Brexit.
No amount of damage to the UK, whether economic, inconvenience or otherwise will dissuade them – to them Brexit is sacrosanct and must never be undone or undermined in anyway.
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