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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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    Shengis
    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 ;)

    Me too but feel the pain of losing 100k X)
    Joey Bloggsy
    Shengis
    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 ;)

    Me too but feel the pain of losing 100k X)



    It's all relative to percentages imo.

    If I had £100 life savings and gave £10 to charity
    If someone else had £1000 and gave £20 to charity

    Who has given more?
    danmc
    Joey Bloggsy

    It's all relative to percentages imo.

    If I had £100 life savings and gave £10 to charity
    If someone else had £1000 and gave £20 to charity

    Who has given more?


    Now your talking semantics.

    Spok he say" £20 to charity".
    Bleeding heart liberal(Plum) he say "£100 life savings and gave £10 to charity".
    Cameron he say "Were all in it together" he means were all equal, but some of us are more equal than others.
    Miliband he say "durpy durp durp".

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