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View Full Version : Bank of England begins 'new money' injection


timezone
11-03-2009, 06:16 PM
Bank begins 'new money' injection

The Bank of England has begun to pump £75 billion of new cash into the economy to ease the UK out of recession.

http://uk.news.yahoo.com/4/20090311/tuk-bank-begins-new-money-injection-dba1618.html

http://d.yimg.com/i/ng/ne/itn/20090311/08/280476715-bank-begins-new-money-injection.jpg#300,225

skyline
11-03-2009, 06:43 PM
It hands over more power to the people who triggered the mess,it will make zero difference to the average Joe who is struggling with dept and fear of job loss.What would of made a difference would be a tax freeze to kick start local business...what am I thinking the world is run by nutters

actually reading the article again it says " the government by means of the bank of england are selling future tax rises that the general public will pay to enable the elite to lend the same money to the general public with interest "

Thanks Gordan Brown I will take the day off work rush into london pull down my pants and wait for the £20 wrapped rubber cock! Do I have to bring my own lube?

fekdemasons
11-03-2009, 07:19 PM
It hands over more power to the people who triggered the mess,it will make zero difference to the average Joe who is struggling with dept and fear of job loss.What would of made a difference would be a tax freeze to kick start local business...what am I thinking the world is run by nutters

actually reading the article again it says " the government by means of the bank of england are selling future tax rises that the general public will pay to enable the elite to lend the same money to the general public with interest "

Thanks Gordan Brown I will take the day off work rush into london pull down my pants and wait for the £20 wrapped rubber cock! Do I have to bring my own lube?

Hyper inflation within 3 months , all part of the plan. Bring the Public to thier knees and they'll go quietly.

Got 10 quid for a loaf of bread ?

:mad: