Magnetic Fuel Savers Do They Work

Comment: QE - The Bank Should Let Us Win Our Own Money

Opinion Former News MRSA Action UK: Is the DoH putting their own interests before those of the patient who they are charged to care for?

MRSA Action UK health warning on misleading headlines as Department of Health proclaim hospitals are MRSA-free

FSB reaction to increase in QE

Commenting on the Bank of England’s decision to pump a further £75 billion into the economy John Walker, National Chairman, Federation of Small Businesses said:

NEA: How can the most vulnerable manage energy bills in a high cost, low carbon world?

The UK Government is committed to a number of statutory objectives relating to energy security, renewables, climate change and fuel poverty. Compliance with this mix of environmental and social obligations has proven to be both challenging and costly and will continue to be so if Government objectives are to be attained.

Wednesday, 26 October 2011 4:16 PM

Quantitative easing is all well and good, but why doesn't the government give the money straight to the British people and start a QE lottery?

By Richard Heller

As the Doors once remarked in another context, strange days have found us and our economy. The government and the Bank of England are trying to do completely different things with it. The government seeks to take money out of the economy by public spending cuts and tax increases to reduce the budget deficit. The Bank of England is trying to pump money into the economy by quantitative easing.

Strange name, strange idea. The Bank operates quantitative easing (QE) by buying government stock from banks and other financial institutions. That sounds awfully like a company buying its own shares (for which its directors may face disqualification and imprisonment), but central bankers are judged differently. The Bank pays for the stock by flicking a switch or two and creating new money which is automatically credited to the banks and other institutions. That sounds awfully like printing money, and the conventional wisdom is that this leads to Zimbabwe-style inflation and banknotes with 14 zeroes on them. But apparently that does not apply to QE. We are assured that our Bank of England knows what it is doing. It has already created £275 billion of extra money through QE. The latest batch of £75 billion (which represents more than ten per cent of current annual public spending) was created just a few days ago and credited instantly to financial institutions. The Bank is already contemplating another big dose of QE within a few months if the economy continues to falter.

General: - Magnetic fuel saver - Volvo Owners Club Forum

You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today ! VOC Members: There is no login facility using your VOC membership number or the details from page 3 of the club magazine. You need to register in the normal way AOL Customers: Make sure you check the 'Remember me' check box otherwise the AOL system may log you out during the session. This is a known issue with AOL. AOL and Yahoo users. Forum owners such as us are finding that AOL and Yahoo are blocking a lot of email generated from forums. This may mean your registration activation and other emails will not get to you, or they may appear in your spam mailbox *Are you getting email notifications of Account Activation, PM's or thread subscriptions. If not please let us know with the Contact Us link at the bottom of the page.