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quantitative easing ??
8 Answers
So Harriet Harman says that the Government is going to boost the Economy by "Quantitative Easing" ...
Duuhh ... Hellooo ??!!
Are we stupid?
Do we respond to being patronised?
Just in case the full implications of QE passed you by too quickly (as the Govt. was hoping), here is Harriet Harman's statement, translated from "Complete Crap" into "Simple English" ...
1. We're going to print money.
2. You won't be getting any of it.
3. The additional money in circulation will push up prices.
4. You will be worse off.
5. Tough titties.
So next time Ms Harman promises that Quantitative Easing will help the Economy, just remember ...
YOU are not "the Economy"
... so you're screwed.
That was my rant of the day.
Duuhh ... Hellooo ??!!
Are we stupid?
Do we respond to being patronised?
Just in case the full implications of QE passed you by too quickly (as the Govt. was hoping), here is Harriet Harman's statement, translated from "Complete Crap" into "Simple English" ...
1. We're going to print money.
2. You won't be getting any of it.
3. The additional money in circulation will push up prices.
4. You will be worse off.
5. Tough titties.
So next time Ms Harman promises that Quantitative Easing will help the Economy, just remember ...
YOU are not "the Economy"
... so you're screwed.
That was my rant of the day.
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