Tag Archives: QE

Easy

Standard

Will ‘Quantitive Easing’ work? You know its about the Bank of England ‘printing money’ to be released today in order to get liquidity flowing. Risky, as it has never been tried before in the UK. Its different to what happens in Zimbabwe as the UK government is offering to buy government bonds with this money as opposed to simply adding zero’s to bank accounts. Its similar to the Zimbabwean crisis as it is an admission to failing to kick start the economy in every other way.

Its times like these when the stability of tradition comforts-whether its the Old Boys’ tie or the Cuckoo Clock on the wall.

Good luck to us all!

Herman