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Archive for August 4, 2016

rachidiI am an individual and I offer loans at a reasonable interest rate, contact me if you are interested: rachidixavier@gmail.com...

September 2016

simonthorpeI note that in this morning's Guardian, Simon Jenkins has been saying "Want to avoid a recession? Then shower UK households with cash" https://www.theguardian.com...Is anyone listening?...

August 2016
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Bank of England announcement: our response


The Bank of England (BoE) has just announced its new monetary stimulus package. By lowering interest rates and expanding quantitative easing, the stimulus will exacerbate inequality and encourage an already highly-indebted household sector to borrow even more. The new government has pledged to build an economy that works for everyone and has made a strong commitment to tackling inequality. If it’s serious, it should support fairer and more sustainable monetary policy measures than those announced today.

Fran GriffithsSounds like an interesting idea but If the unemployment rate was 10% or more the top rate of income tax would be 100%. I can't see that getting accepted in any kind of democracy. ...

October 2016

Marco SabaIt looks like a mafia trick: the BofE giving public money to the friends of friends......

August 2016

bankster01In my recent letter to the Governor of the Bank of England, I asked him whether the Bank was more concerned with protecting the interests of big commercial banks and investors, or looking after the general public. I think we have the answer today....

August 2016
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