+Doc+

The government is printing more money!
We are all saved.

/me nips out to put a deposit on a luxury flat.

http://news.bbc.co.uk/1/hi/business/7924234.stm

Leslie

Sheer desperation, we will need wheelbarrows to take enough cash to the shops!

Les

tanyatriangles

iTrader: (2)

Well it worked for the Germans in the 30's................oh, hang on

Nurse Gladys

How will they know where to send my share to?

Typical government - putting more people out of work - especially my mate who's also printing money!!!

EddScott

Only place it really worked was Japan in the 90s but they had strong exports while we all bought their products.

It won't work. They'll be more money yes but demand for products will increase and so will the prices of said products - coupled with a currency on its knees and everything is about to get even more expensive because we've lost the ability to make anything for ourselves. They say that inflation is not an issue anymore but this could send inflation up very quickly.

If you think about it there was a slow down in the amount of bad news in Jan and Feb and the market seemed to stabilise at 4K. Now, we've had RBS, HSBC, interest cuts we don't believe will work, Quantative Masturbation that will only pleasure the banks and the market is falling near enough everyday and its 3.5K.

If we continue to get more and more bad news or something a bit serious happens in the states, I honestly see a full on rout of the markets and eventual collapse - it will be so fast it will probably start and finish within a few day.

GC8

This only works (in theory) through the inflation that it creates. After five years everyones relative debt is reduced as it remains constant, whilst everything else rockets upwards.....

What a shower of b*stards.

unclebuck

Oh good, I was hoping the government would try something that hasn't worked once in the history of mankind.

Nu Labour doesn't disappoint.

paulr

Has anyone seen that program on BBC3 called spendaholics where people lived beyond their means. We are now living it on a national scale.

Answer, cut back spending, increase earning. Stop the bull$hit Mr Brown (and all politicians), and say it how it is.

GC8

Whats amusing is that they see bank-funded spending as the way through the crisis. No one seems to acknowledge that its spending what we cant afford that f*cked everything up in the first place!

EddScott

I posted a link to an article on here (which I can't find now) which suggested that inflation was actually rising. The decrease in VAT and interest rate cuts have caused the drop in RPI making inflation old news and deflation the buzz word - however taking those out and using CPI its stuck at 3%.

However, its in the governments interest now to have rising inflation so they can effectly inflate their way out of these stupid debts.

NotoriousREV

Time to start bartering. Will fix computers for food...

Luan Pra bang

Surely some high inflation is a good thing for those in debt, Your £500,000 mortgage will soon equate to one years salary for a bus driver so those with big debts should be praying for hyper inflation. Some Zimbabwe style 1000 percent a week antics will do me the world of good. Who else is praying for hyper inflation ? The savers may not love it but as a nation we have more debts than savings.

EddScott

But isn't that IF wages go up as well?

If thats the case, I'm all for it.

Terminator X

iTrader: (7)

You think wages will keep up with inflation

Who's expecting a pay rise this year

TX.

the bear1986

iTrader: (8)

i hear that i haven't had a pay rise in 4 years it's s**t. this whole govement is a joke what i don't understand is how these idiots got voted in last time???