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Whatever he can do in the short term to help in the election.
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i think this is it. they needed to react to the GDP number and this was it.
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And what's the solution after 1st Qtr 2010, real economic growth?
Once they've started down this path, they can't stop. Expect more money printing announcements in the future. Besides, competitive currency devaluation is the new weapon of choice to all CB's. No wonder gold is rising against all currencies. Keynesian fools !!!!!! |
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Foolish, or quite rational for the current government with an election in mind?
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and yet sterling has shot up, because the QE number was lower than consensus
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sub-stop being cynical. you know why it's up. market had already priced in.
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Told you so !!!!!
King Says BOE Has |
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its the mugabe syndrome.
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that doesn't mean anyuthing menaleus. gilts up 25 ticks.
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Gooseman, if you believe 'this is it' with QE. What are the next steps the government will take to prop up our economy?
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declare war on belgium
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Get a grip M.
Can you even trade rationally these days ? You're so emotional about all this, I would doubt it. |
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Btw M if you do actually hold down the high flying investment banking position you say you do, then you must surely at times meet personally, if not King, then at least some of his important cohorts and all manner of other influential policy makers.
Do you blow off steam at them in the rude manner you do on here about them all, calling them fools and idiots, or do you not have either the conviction, the gonads or the gumption to do that ? Or do you just use this forum to get rid of all your frustrations at our expense ? |
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Gooseman 11 Nov 11:43
that doesn't mean anyuthing menaleus. gilts up 25 ticks. It doesn't mean anything if you are trading based on the 5 minute chart. It does, if you don't. King is laying the ground for it, as surely as the sun will come up from the east tomorrow morning. |
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M my point being that gilt is up 25 after that report was that it is an inconsequential amount-if he was laying foundations for more QE in that conference me, along with the rest of the market must have missed it. market wants more for sure (see what happened last week after rate announcement) but i don't think we will, certainly not in the immediate future.
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Define "immediate future".
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q1 2010
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Q1 2010, then I agree with you
BUT QE IMO will continue in 2010 once any illusion of a real recovery vanishes and unemployment surges again (my best guess is after Q2 2010) AND IF some black swan event driven crisis takes place sooner, then QE sooner as well. For me, it's quite simple really. They have no other answers, it's either QE or die. |
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they can only issue/buy so much debt.
i've said it before and i'll say it again central banks will much rather deal with inflation than deflation. in my opinion the market needs a good shank to shake out the detritus. |
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hey can only issue/buy so much debt.
there's no limit to the amount of debt they can issue/buy when the objective is to create inflation through debasement of the currency. i've said it before and i'll say it again central banks will much rather deal with inflation than deflation. the understatement of the year. is there anyone out there who disagrees? |