« Why more QE is the wrong policy option for the UK ... | Main | www.johnashcroft.co.uk - we have moved - why not join us there. »

October 09, 2011

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00e0098d855588330153922d7f54970b

Listed below are links to weblogs that reference The UK is in a liquidity trap - say no to more QE on planet ZIRP:

Comments

Ralph Musgrave

A saw an excerpt from an interview of Mervyn King (possibly by Stephanie Flanders) in which she put it to him that he knew perfectly well that the latest round of QE would have no effect. He was doing it, so she suggested, just to make it look as though he was doing something. Perhaps George Osborne offered him a gong for his cooperation in this matter.

It doesn't add up...

THe


The first round of QE was predicated on the threat of deflation. We've ended up nearly 2 years later (when the effects of the policy are mostly evident) with inflation of around 5%. If the bank was right, then QE added at least 5% to inflation. If the study was right, then the bank was wrong in the first place: there was no threat of deflation.

We're already starting from 5% inflation. What to believe this time? Same as last time... inflation is being stirred up in a vain attempt to depreciate debts of imprudent government, imprudent bankers and imprudent house purchasers, and in beggar-my-neighbour devaluation that will only kick the balance of payments deficit further in the red. It's of the policy of those who hope they can keep kicking the can down the road until they're not around, caring nothing for the fact that it makes the eventual reckoning progressively worse.


discount jerseys

He was doing it, so she suggested, just to make it look as though he was doing something. Perhaps George Osborne offered him a gong for his cooperation in this matter.

make facebook applications

so what happend after that ??

cheap jerseys

The first round of QE was predicated on the threat of deflation. We've ended up nearly 2 years later (when the effects of the policy are mostly evident) with inflation of around 5%. If the bank was right, then QE added at least 5% to inflation. If the study was right, then the bank was wrong in the first place: there was no threat of deflation.

We're already starting from 5% inflation. What to believe this time? Same as last time... inflation is being stirred up in a vain attempt to depreciate debts of imprudent government, imprudent bankers and imprudent house purchasers, and in beggar-my-neighbour devaluation that will only kick the balance of payments deficit further in the red.

What to do in London

Great news, tells all the reality and true story behind.

Visit England

Government must comeout counter measures to avoid this deflation. Individuals also must do their part so that when it happens you can tackle it easily.

Visit Britain

I agree with you. We must fully prepare and aware for the possibility.

SIPP rules

Absolutely true.

GED Online

Words can't say how much I appreciate what you've mentioned here... Thanks a lot for this info.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Enter your email address:

Delivered by FeedBurner

Twitter Updates

    follow me on Twitter

    October 2011

    Sun Mon Tue Wed Thu Fri Sat
                1
    2 3 4 5 6 7 8
    9 10 11 12 13 14 15
    16 17 18 19 20 21 22
    23 24 25 26 27 28 29
    30 31          

    Favourite Blogs

    Blog powered by Typepad
    AddThis Social Bookmark Button