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melv
27 Sep 11 10:23
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Date Joined: 19 Feb 06
| Topic/replies: 7,224 | Blogger: melv's blog
Is there any difference between creating this money under the guise of fancy devices with fancy names and printing money.

If there is does that difference include inflation. We all Know that printingmoey causes inflation. Does this quatitative diahorreah or what ever they call it not causue inflation and therefore even more poverty.

Forgetting inflation the problem was causued by money being borrowed with nothing to back it up with so once confidence in the pyramid of lies collapsed everything else totterd on the brink of collapse with it. I am daft or is the proposed way of gtitng out of this not just more borrowing. Is it not just a matter of forgiving as much debt as possible so we can create some more?

Am I missing something?

Or is it just a matter of kicking all our structural contradictions down the road and hope something just turns up.

For me the worrying thing that can turn up as a last resort is a world war. I hope China has not prepared well for everything we are likely to hit them with. If i was Chinese I would and it think there might be a few Chinese more intelligent than me.
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Report Menelaus September 27, 2011 1:28 PM BST
Massive money printing and zero interest rates is the answer. What was the question again? Laugh
Report Whippet October 7, 2011 10:53 PM BST
not long now. Laugh

Report J2BLUE. October 8, 2011 9:28 AM BST
Don't worry. It isn't like China have been buying copper and other commodities is it?

...oh sh1t.

Seriously though, China don't need to fire a single bullet to take the US down.
Report bobby2424 October 9, 2011 6:54 PM BST
This high inflation Armageddon type situation. When is it gonna happen? Is it just a myth? Does anyone know? Next year, 5 years time or never....?? Advice pleaseHappy
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