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Location: United Kingdom

Thursday, 9 February 2012

THE DILUTION OF THE CURRENCY.

With the western economies in meltdown, the Bank of England, in it's wisdom, and little thought for forthcoming generations, has printed more money, another £50 billion. This ultimately disastrous move will soon match the stupidity of 'Incapability Brown'.

Such a move is promoted as saving us from such a disaster, but could well prove to do the exact opposite. The assumption that things will get better was what the Germans did following the first world war, which brought about Hitler and his Nazi Party. Fighting the markets, which, in our case, is what such a move is about; propping up the inflated property market is only going to drag us further down the road to perdition. The economy needs cooling, not overheating, it's hot enough.

Of course, to follow the logical approach would hurt. The current actions i.e living for today, are just creating catastrophe further down the line; it's in all the history books.


STOP CHASING THE DEBT.

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