July 13th, 2012

Simon Jenkins is uneasy about Quantitative Easing…

“The Bank of England quarterly bulletin is full of QE theology. Its report on a recent conference on the subject is pure angels on pinheads.”


6 Comments

  1. 1
    ed martin says:

    we’ may have some idea of its effect when it ceases

    all the rest of the Bilk of England’s efforts are overtime

  2. 2
    Col Nut says:

    Pinheads and pricks do manage the banks but angels don’t exist

  3. 3

    QE is the current acceptable method of inflating debt away. The governments of the West believe that the population is too thick to realise what is going on, and the current surge in Labour’s fortunes indicate just how right they are. In medieval times it was known as coin-clipping and all the governments did that as well, while visiting horrendous punishments on private enterprise engaged in the same practice. Some things never change.

    • 4
      Hugh Janus says:

      Yes, only acceptable to the B of E and stupid conniving politicians. For normal people it stinks.

  4. 5
    Ed Balls says:

    We should PFI the BoE

  5. 6


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Dan Hodges on Team Miliband:

“‘Poisonous’, was the picture painted by one former senior advisor. ‘Dysfunctional,’ said one shadow cabinet member. ‘A bunch of medieval courtiers, not an office,’ said another. The most positive description I could get was ‘It’s a work in progress. They’re learning. Slowly. But they are learning.’”



Nick Clegg says:

Do you want lies with that?


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