Sentence I'd never thought I'd type, but here goes.
I completely agree with what Farage has said there.
Current Affairs 2017 General Election
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Sentence I'd never thought I'd type, but here goes.
I completely agree with what Farage has said there.
I wouldn't worry, if you had read on you would have had to explain quantitative easing, fractal banking and fiat currency as well. You could have been there a while.
I think QE is dealt with via a wholly owned subsidiary of the B of E which turns a profit, and I believe that there is concern about the trickle down effect not trickling.
But not a banker so NEA
Is fractal banking the reserves to lendings ratio?
Flat currency - can't even have a stab at this without going all Damo!
I think QE is dealt with via a wholly owned subsidiary of the B of E which turns a profit, and I believe that there is concern about the trickle down effect not trickling.
But not a banker so NEA
Is fractal banking the reserves to lendings ratio?
Flat currency - can't even have a stab at this without going all Damo!
Oh QE is a pretty bad idea, just not for the reasons given. Every time they try to back it down the markets tighten. Should basically go cold turkey and accept the short term recession. Be better in the long term.
But the whole point of it is that it doesn't affect the debt (in theory), it's just exchanging a cash asset for an instrument asset, and those assets are required to be of high quality. Whether that is the case in practice, and they are retaining value has yet to be proven.
DanEFC92
Player Valuation: £90m
No I am not like a sheep either!
I feel Labour with him as led by him is a disaster waiting to happen!
if he wins he will prove me wrong!
So, if I've got this right, in the UK the B of E subsidiary has bought back gilts, which theoretically gives the institutions more cash to either lend or invest.
The subsidiary deals in the instruments which may give rise to a profit or loss, receives coupon income and interest.
The problem may arise at some point in the future when a loss may occur on the gilts as yields decrease so a downwards capital correction takes place. This could be caused by the MPC having to raise the base rate..
So the argument is that QE may provide short term gain, but long term pain via crystallised losses on the gilts you've bought?
Or am I chatting wham?
You sound desperate
My God it's a wexing! ! Where's damo???
Both May and Corbyn are terrible examples if who should be leading a nation.
Labour need their heads testing for not taking the Tories to the cleaners, as May is miles out of touch with the average person. That they've got Corbym and Abbott front and centre defies logic as I just don't see people seeing them as electable.
Basically they're as bad/ineffective as each other.
Labour need their heads testing for not taking the Tories to the cleaners, as May is miles out of touch with the average person. That they've got Corbym and Abbott front and centre defies logic as I just don't see people seeing them as electable.
Basically they're as bad/ineffective as each other.
Clint Planet
Utter Cad.
So you're going to let the Tories carry on dismantling the NHS, continue waging war on the poor, bring back fox hunting and impose a dementia tax? Nice work, Joey. Some Labour voter, you.
Clint Planet
Utter Cad.
Toast
Player Valuation: £80m
None of that surprises me in the slightest.
Not even the prices of the taxi rides.
This is absolute tripe lol
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