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PROOF THAT THE SYSTEM WORKS

wjaimewjaime

http://www.bbc.co.uk/news/business-16963116
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Bailout of banks cost £289bn of taxpayer money
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Damage of 1.5 trillion to the economy
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Bank of England to inject £50bn into the economy
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The system works


On a serious note - if there is any more information you can give me that'd be great :-)
There's always two sides to every story (in this case; corruption and greed)

All Comments (23)

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1
    joe999
    what is you're responsibily though?
    have you ever thought about that?

    how are you helping someone else?
    AberdeenDad
    Maybe it is too early, but I do not understand your point OP.
    CrazyHorses
    raulvibes
    hot deal for bankers 8)
    Shengis
    It added that without another stimulus from QE, inflation was likely to fall from its current 4.2% to below its 2% target, as rising unemployment and falling import and energy prices fell away, and as the VAT increase from 17.5% to 20% last January also dropped from the annual comparison.


    Thought that would be a good thing. As it is with rising inflation, money becomes worthless. Therefore those that are sensible with money suffer. Or am I wrong?

    Now if we had super inflation our wages could rise to £50000 a week and we could all flip the bird to the banks as we pay off our mortgages lol.
    joe999
    Shengis
    It added that without another stimulus from QE, inflation was likely to fall from its current 4.2% to below its 2% target, as rising unemployment and falling import and energy prices fell away, and as the VAT increase from 17.5% to 20% last January also dropped from the annual comparison.


    Thought that would be a good thing. As it is with rising inflation, money becomes worthless. Therefore those that are sensible with money suffer. Or am I wrong?

    Now if we had super inflation our wages could rise to £50000 a week and we could all flip the bird to the banks as we pay off our mortgages lol.




    yeah, but a hamburger would cost £1000

    and a vote on xfactor would be about £50, that we can not take. we have rights
    bencotucker
    How much money does the banks give in tax??

    8% of the treasury purse

    not all that bad
    SpeedJunkie
    Shengis
    It added that without another stimulus from QE, inflation was likely to fall from its current 4.2% to below its 2% target, as rising unemployment and falling import and energy prices fell away, and as the VAT increase from 17.5% to 20% last January also dropped from the annual comparison.
    Thought that would be a good thing. As it is with rising inflation, money becomes worthless. Therefore those that are sensible with money suffer. Or am I wrong?Now if we had super inflation our wages could rise to £50000 a week and we could all flip the bird to the banks as we pay off our mortgages lol.


    It would be falling too fast, perhaps?
    joe999
    bencotucker
    How much money does the banks give in tax??

    8% of the treasury purse

    not all that bad



    do you work for a bank?
    csiman
    Shengis
    It added that without another stimulus from QE, inflation was likely to fall from its current 4.2% to below its 2% target, as rising unemployment and falling import and energy prices fell away, and as the VAT increase from 17.5% to 20% last January also dropped from the annual comparison.


    Thought that would be a good thing. As it is with rising inflation, money becomes worthless. Therefore those that are sensible with money suffer. Or am I wrong?

    Now if we had super inflation our wages could rise to £50000 a week and we could all flip the bird to the banks as we pay off our mortgages lol.

    I read that and didnt get it either. Surely a target of 2% is what the BOE are tasked with so injecting more money into the economy (thus making all of us poorer!) will stoke inflation further.
    donaldduck2
    It might be a better idea to use the £50 billion to build roads, bridges and whatever else can create jobs for those claiming benefit who in turn would pay taxes. For all these billions being lent to banks a lot of people are still saying they are not then lending it to the businesses that need it.
    donaldduck2
    joe999
    bencotucker
    How much money does the banks give in tax??

    8% of the treasury purse

    not all that bad



    do you work for a bank?


    No, he runs supposed free give aways of games and then does the dirty on everybody. ;)
    casparwhite
    csiman
    Shengis
    It added that without another stimulus from QE, inflation was likely to fall from its current 4.2% to below its 2% target, as rising unemployment and falling import and energy prices fell away, and as the VAT increase from 17.5% to 20% last January also dropped from the annual comparison.


    Thought that would be a good thing. As it is with rising inflation, money becomes worthless. Therefore those that are sensible with money suffer. Or am I wrong?

    Now if we had super inflation our wages could rise to £50000 a week and we could all flip the bird to the banks as we pay off our mortgages lol.

    I read that and didnt get it either. Surely a target of 2% is what the BOE are tasked with so injecting more money into the economy (thus making all of us poorer!) will stoke inflation further.

    i say devalue the pound some more.....great for people not earning them ;)

    make it a hungee
    danmc
    Were screwed so Bank of England to inject £50bn into the economy = Quantitative Easing = Inflation = Prices go up = Our assets worth less = were screwed.
    Shengis
    danmc
    Were screwed so Bank of England to inject £50bn into the economy = Quantitative Easing = Inflation = Prices go up = Our assets worth less = were screwed.

    From my calculations it screws the rich more than the poor, so at least thats one ray of sunshine X)
    csiman
    Shengis
    danmc
    Were screwed so Bank of England to inject £50bn into the economy = Quantitative Easing = Inflation = Prices go up = Our assets worth less = were screwed.

    From my calculations it screws the rich more than the poor, so at least thats one ray of sunshine X)

    rising prices hit the poor far more than the rich
    Shengis
    csiman
    Shengis
    danmc
    Were screwed so Bank of England to inject £50bn into the economy = Quantitative Easing = Inflation = Prices go up = Our assets worth less = were screwed.

    From my calculations it screws the rich more than the poor, so at least thats one ray of sunshine X)

    rising prices hit the poor far more than the rich

    But percentage wise the rich have lost more. I'd rather lose 10% of £100 than 10% of a million.
    Joey Bloggsy
    Here's a couple of links to how economy works -

    Your text here

    Your text here
    Shengis
    Joey Bloggsy
    Here's a couple of links to how economy works -

    Your text here

    Your text here

    This also : Your text here

    Bottom line, the banks own the government/people. Used to be known as slavery.
    csiman
    Shengis
    csiman
    Shengis
    danmc
    Were screwed so Bank of England to inject £50bn into the economy = Quantitative Easing = Inflation = Prices go up = Our assets worth less = were screwed.

    From my calculations it screws the rich more than the poor, so at least thats one ray of sunshine X)

    rising prices hit the poor far more than the rich

    But percentage wise the rich have lost more. I'd rather lose 10% of £100 than 10% of a million.

    I'd rather lose 10% of a million cos I'd still have £900,000 in my bank rather than £90 ;)

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