New Posts For Thread: Whats the diffrence in devaluing the pound in the 70's + quantitative easinhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23726114/whats-the-diffrence-in-devaluing-the-pound-in-the-70s-quantitative-easinIt doesn't have the same uproar as it did back then.Don't tell me that people are stil being taken in by deflation man?You are being conned. Chisel isn't a real person. It is a computer programme designed by an IT geek. Its only function is to randomly spew out craap. It is part of government misinforhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23726114/whats-the-diffrence-in-devaluing-the-pound-in-the-70s-quantitative-easin?post_id=425965826#425965826Don't tell me that people are stil being taken in by deflation man?You are being conned. Chisel isn't a real person. It is a computer programme designed by an IT geek. Its only function is to randomly spew out craap. It is part of government misinforTue, 16 Feb 2010 16:08:02 -0600Maybe your idea - but it hasn't happened. 10 year gilt yield now exceed those of Italy and Spain, and that is before QE is unwound. QE was a sticking plaster strategy, designed to put off the car crash till after the election. As the recent rise inhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23726114/whats-the-diffrence-in-devaluing-the-pound-in-the-70s-quantitative-easin?post_id=425965822#425965822Maybe your idea - but it hasn't happened. 10 year gilt yield now exceed those of Italy and Spain, and that is before QE is unwound. QE was a sticking plaster strategy, designed to put off the car crash till after the election. As the recent rise inTue, 16 Feb 2010 08:57:12 -0600Idea is that it actually increases the value of them. That is why other institutions make a profit when they sell them.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23726114/whats-the-diffrence-in-devaluing-the-pound-in-the-70s-quantitative-easin?post_id=425965818#425965818Idea is that it actually increases the value of them. That is why other institutions make a profit when they sell them.Tue, 16 Feb 2010 07:36:24 -0600ChiselDoesn't 1) contradict .. 2) .. ?and the QE money Was Used to buy up Government Bonds ... so forth devaluing them too :(https://community.betfair.com/tradefair__financials/go/thread/view/94198/23726114/whats-the-diffrence-in-devaluing-the-pound-in-the-70s-quantitative-easin?post_id=425965814#425965814ChiselDoesn't 1) contradict .. 2) .. ?and the QE money Was Used to buy up Government Bonds ... so forth devaluing them too :(Tue, 16 Feb 2010 06:22:14 -0600MC Moonbeam.I think it inevitable that they will, however please remember that billion of pounds less is being lent by banks etc in the UK , so QE is really only a replacement for the money the banks lent before before.Also remember that BANKS havehttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23726114/whats-the-diffrence-in-devaluing-the-pound-in-the-70s-quantitative-easin?post_id=425965798#425965798MC Moonbeam.I think it inevitable that they will, however please remember that billion of pounds less is being lent by banks etc in the UK , so QE is really only a replacement for the money the banks lent before before.Also remember that BANKS haveTue, 16 Feb 2010 05:27:13 -0600Will they ever actually retract the cash though .. I wanna see it all BURN ;)https://community.betfair.com/tradefair__financials/go/thread/view/94198/23726114/whats-the-diffrence-in-devaluing-the-pound-in-the-70s-quantitative-easin?post_id=425965794#425965794Will they ever actually retract the cash though .. I wanna see it all BURN ;)Tue, 16 Feb 2010 04:50:35 -0600Chisel, this sentence doesn't make sense"The difference between my description and yours is that the BOE in teh UK and the FED in US are adamanyth that QE WILL be unwound!"Neither of us mentioned what would happen in the future in which I agree QE wihttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23726114/whats-the-diffrence-in-devaluing-the-pound-in-the-70s-quantitative-easin?post_id=425965790#425965790Chisel, this sentence doesn't make sense"The difference between my description and yours is that the BOE in teh UK and the FED in US are adamanyth that QE WILL be unwound!"Neither of us mentioned what would happen in the future in which I agree QE wiTue, 16 Feb 2010 04:10:58 -0600Washington. The difference between my description and yours is that the BOE in teh UK and the FED in US are adamanyth that QE WILL be unwound!https://community.betfair.com/tradefair__financials/go/thread/view/94198/23726114/whats-the-diffrence-in-devaluing-the-pound-in-the-70s-quantitative-easin?post_id=425965782#425965782Washington. The difference between my description and yours is that the BOE in teh UK and the FED in US are adamanyth that QE WILL be unwound!Tue, 16 Feb 2010 03:45:57 -0600"Low assett prices is a bad thing for anyone with a pension" What? Its completely irrelevant for anyone who has actually taken their annuity for a start and of course anyone with many years to go before retiremnent would benefit if they can build thehttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23726114/whats-the-diffrence-in-devaluing-the-pound-in-the-70s-quantitative-easin?post_id=425965778#425965778"Low assett prices is a bad thing for anyone with a pension" What? Its completely irrelevant for anyone who has actually taken their annuity for a start and of course anyone with many years to go before retiremnent would benefit if they can build theTue, 16 Feb 2010 03:22:27 -0600Excellent Chisel, well done I am glad that you have accepted my argument that QE has caused inflation, I'm not quite sure that a simple "Actually Washington I agree" wouldn't have been simpler. However I appreciate that you had to try and put your owhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23726114/whats-the-diffrence-in-devaluing-the-pound-in-the-70s-quantitative-easin?post_id=425965774#425965774Excellent Chisel, well done I am glad that you have accepted my argument that QE has caused inflation, I'm not quite sure that a simple "Actually Washington I agree" wouldn't have been simpler. However I appreciate that you had to try and put your owTue, 16 Feb 2010 03:15:10 -0600