Quantitative Easing is destroying UK economy and savers (09Deb12)

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1. I am saddened at this institutionalized point of view with assumptions
   which are either inaccurate or politically accepted. The explanation of
   factors effecting the factors of production would in any market tested
   job would be at best skewed towards government or political
   disinformation. The figures in his model are based as Mark Carnie said
   based on the governments inaccurate unemployment figures which have
   never been triangulated and indeed Cameron have admitted as incorrect.
   The explanation for non productive growth in the housing giving plus
   growth figures are a testimony to failed short term policies which may
   push us back in the growth stakes in the near future.Underlying growth
   in the productive sector has been inadequate and patchy at times.The
   inadequate explanation for house price rises shows no meaningful
   expertise in this area beyond that held by an MP. In truth the
   subsidizing of a nation wide building program at a cost to the council
   tax payer of 35 thousand per house is a great mistake taking money away
   from essential investment yielding little benefit to society.This money
   if spent on infra structure would benefit society with much higher
   returns and jobs.The housing crisis in London is a drag on society
   choking off production and pushing up production costs to global
   uncompetitive levels. Commentators put the total social costs by
   austerity to include demunation in intellectual capital in UK PLC to be
   260 billion.Presumably the government does not issue or measure
   independent social economic costs as they would paint a negative picture
   of the economy in any attempted model.
   
   The summary of this situation is the government has inflated the housing
   market by subsidy to push up otherwise failing economy.A surplus of
   labour has held back any underlying growth in the productive economey.
   Taken as a whole poor quantitative easeying choices by not subsidising
   the ciustomers of the banks, but a few bankers and investors which have
   not decanted any stimulus to the economy. Radom capital inputs such as
   PPI have had a short term stimulating effect where quantitative easying
   has clearly failed. Austerity by ametures has simply been a transfer of
   short term costs to longer term costs. It is useful to listen to these
   lectures but sometimes they are presented from a bias point of view from
   the accumuation of hypothesis to conclusion.
2. Listening to the two female dimwits makes me realize we are fucked because the so called intelligent people don't even know what's really going on. If you are going to create money do it A. for free B. distribute to people who will work for it in exchange. The phony money isn't getting to the people.
3. The real madness is the government has to borrow money that it owns. They should be able to print it owing it back to no one and no interest owing. People who support the Bank of England are either corrupt are just simply ignorant.
   The only issue it would have to deal with is inflation. Nobody challenges a central bank because they usually end up dead. Literally.
4. Japan's economy continues to get worse long after this interview, the Dow Jones is flailing about all over the place because the Federal Reserve has taken on more than 5 trillion dollars worth of toxic garbage while the US economy has bumped along the bottom creating low paid, part time jobs. We are going to get hit with the next huge crash before we have staggered out of the wreckage of the last one. One thing is certain however, the banksters and their political acolytes will come running after us with even more austerity to pay for their criminal policies.
5. yes my pension has dropped so low i will qualify for benefits by the time i retire!.
   so wheres the savings now? and remember i'm a baby boomer you know the generation that was milked so much in the past!.
6. PEDRO LOPES ES UM OTARIO EHEHEH
7.  Because of QE, the Euro has fallen  40% in 6 months.
   This is terrible for Eurozone, because over 70% of all products and services made in the eurozone are consumed in the eurozone, exports of services and products account for less than 30% of the eurozone's economy (exports improving won't help much), but the Eurozone is extremely dependent of raw materials that have to be  imported from outside of Europe. As the euro falls further those raw materials become more expensive to import, which causes European manufactures and service providers that depend on those raw materials to increase the price of their products, however the personal income of workers and some small company owners will remain the same, for example some European that earns 45000 € a year in 2014 will earn roughly the same this year, however those 45000 euros will be worth less 40% than they did in July of 2014, this means that the European consumer lost roughly 40% of his international purchase power in 9 months, therefore each European became roughly 40% poorer.
   As European made products and imported products have both become more expensive, the Europeans are now forced to reduced their consumption of non essential products and services, which will reduce further more the local consumption and later that will provoke more company bankruptcies, mergers, wage reductions, company's down-sizings and more unemployment.
   
   This is terrible, there is nothing good about this scenario, the euro has fallen too much, too fast. If it had fallen 40% in 3 or 4 years, it would had been OK, but falling 40% in less than 6 months is basically an economic suicide.
   
   I personally feel robed, my savings have lost about 30% of its value in less than 6 months, this provokes a terrible feeling of loss, defeat, of economic failure.
   
   Currency stability is essential for economic stability. 
8. they bailed the banks with enough money to make everyone in the country very rich so why did the money go to the banks
   the money in the pockets of people would buy this economy good
9. The commentator in the red jacket is a clueless fucking halfwit.
10. If you have money in the bank - take it out - all of it - see what the cunt bankers think about that.
11. Ruth Lee should just shut-up she has no idea what she is saying...
12. Money is debt and debt is money. The bank of England print the £50 billion which is really money owed by someone to somebody else. It's going to collapse very soon. Great Britian limited is going down the toilet.
13. The banksters hold us proles in contempt. The Federal Reserve (a privately owned bank created in 1913) is now creating $40bn/month possibly for years to come, and Carney is implying more QE to come. Money is an incredibly powerful illusion.
14. Doing a presentation to BoE in 2 weeks time and trying to convince that in order to solve the productivity problem and restore long term growth prospects we need to stop the existing system of debt dependent firms by pushing rates up. The economy is like a rotten apple that needs to be eaten. Adding sugar doesn't make the task any easier, only forestalls the inevitable.
15. inaccurate comments, they money isnt being taken out of peoples pensions, the pension simply isnt making a profit due the low interest rates! Pensions have financial risk like everything else! The whole of europe is bust and i cant really see what the uk can do apart from try to ride the swell.
16. If you want to enslave a population, first get them to borrow loads of money so they can never pay it back, and then destroy the wealth of the savers so it becomes of no use to them. Then, destroy paper money and use electronic methods of payment. When everyone is reliant on electronic money it will be easy to withdraw it from people who don't toe the line. Enslavement! The few have bamboozled the masses for far too long and it's time to vote with your heads. Get rid of the EEC for a start. 
17. exactly same thing happening in the US. it's crime against humanity what the central banks and the governments are doing - continued QE is also going to create inflation that's going to impoverish the middle class. more people are going to go to bed hungry in the first world in the next few years than could ever have been imagined before. 
18. She is right in what she is saying.
19. Picked walnut comes to mind. 
20. I swear this country does whatever it's told. Clap when they're told, buy a house when they're told and dance when they're told. Maybe it comes from being subjects