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Location: United Kingdom

Friday, 7 October 2011

QE II.

Although this is not a ship, it could help sink the economy fairly rapidly. Quantitative Easing, to give it the correct full name, is a method of pumping unfounded money into the economy, hoping to kick start a dead horse, which is our economy. We can't, in many cases, do much about the situation, as Britain is now a minor player in world trading, since we don't manufacture very much, for a number of reasons e.g not wishing to create too much carbon, and that modern syndrome, laziness, in a large section of the public.

Adam Fergusson's excellent book 'When Money Dies' covers the stupidity of creating false money; regarding what happened in the Weimar Republic (Germany) following WW I. It would appear that neither the Governor of the Bank of England, nor the Chancellor of the Exchequer, has perused it's telling findings.

The additional £75 billion, (£200 billion was sanctioned two years ago by Gordon Brown), was one of the questions in this weeks edition of 'Question Time'. Andy Burnham (Lab.) had a little childlike spat, from which one can only glean that George Osborne is approximately 30% the moron the former Prime Minister's actions made him. During the inter-play, regarding a question on a referendum about the European Union, we were treated to the fact that one of the young women in the audience pontificated, that since she was studying politics, (conniving, cheating and misleading the public), she is the only person eligible to decide on such matters, what a frightening thought; particularly as there are a number of MPs who have never done a proper job either. They, incidentally, to a man/woman, probably wish to remain within the fraudulent club, run from Brussels, seeing a lucrative future; which is always better than working for a living.


INFLATIONARY CONES HAVE BEEN HOISTED.

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