Paper headlines…
BoE ‘must ■■■■■ interest rates to 3% and print £50bn now’ to avert depression
Not even reading it, as totally bonkers…
You injet yet more currency into the system, it raises inflation
■■■■■ interest rates so what !, and as mentioned not read it, it will only anger me, and Im a basic bod … not an accountant, but just the basic rules of finance, and this will not stimulate growth, the stupid policies need to stop being implimneted, they strangle too many business’s, for instance
ULEZ expasion, killing smaller companies in outer london… and so many more ridiculous schemes… boils my blood when they try to sell this BS, and people swallow it.
Where has the 700billion gone they injected for covid, as that is where this most likely will go too…
Why dont they try a basic policy as their sinking the country with mass imigration, the legal ones im on about, NO MORE SENDING MONEY TO THEIR HOME COUNTRY, or just 5% MAX, it stops another major issue no one is talking about, but many workers from abroad come here only to raise capital to buy houses in their own country or send to family at home, basic factory work is good enough, but in real terms this currency leaves our economy and transfers to theirs…
They take advice from experts… yeah and then when researched, these people can be extreme sicentists, and singing to the tune/narative this bunch of criminals need…
Bringing interest rates down isnt the answer, VAT is what helps most, so look into that, but they cant, because that horse has been flogged to death too…
They have bankrupted this country to cover years of bad policy, focused on bending to their party backers… its not deepstate anything, just basic Eton educated greed, that place needs tearing down, or exclude any educated there from politics… get real people in position…
GarysEconomics on youtube if you want further expalnation about the 700billion already injected, London kid, broke into their peer groups and also explains it as it is… and in basics so anyone can understand… had him on Polotics live, and he embaressed them all, as wasnt expected to be as smart as he is.