Bank Of England Due To Announce More QE

2012 is going to be the year of BIGTIME Quantitative Easing......they (Central Banks) will pump more and more money into not only the UK....(BOE is our Central bank) ....but the USA and Europe will also have Mega Q.E'ing from the Federal Reserve and the ECB .....these 3 Ponzi Schemes need propped up none are in good shape, all Ponzi schemes collapse eventually..

Using QE to buy Government bonds is only storing up trouble for later.

If Quantative Easing actually boosts growth in any way it is artificial and the growth promptly stops as soon as it is withdrawn, and as one presumes it can't go on to infinity and beyond so it should be dismantled and abandoned.

Quantative Easing has already proved to be the wrong move, Nobody has ever said before it can be easily rectified, please rectify it now claim back the £275 billion, that amount of money could fund a VAT holiday for 3 Years,

This is a rubbish policy, money lent into banks who then use it increase their reserves, then sit on their hands and lend to no one. This policy has not created jobs at all which is the issue, where is the data which shows how many jobs have been created for the money given to the banks. Are our politicians blind, they should not continue to side step responcibility by hoping the banks have the answer. We need massive job creation schemes, the only answer is to give ordinary people jobs.

need to bypass the banks and get money direct to industry

Pay and other income Rising faster than inflation drives growth, Raising Interest rates improves confidence, gives income back to savers that they can actually go out and spend in the economy, which creates demand, etc. etc.

QE is a method of putting more money back into the economy to counter act the government over taxing the people. Once sorted they can continue to fleece us.

So once again pensioners are targeted. Savings are eroded and annuties are cut again. And Governments continue to tell us to save for our future. What is the point?

Printing money to loan to banks to buy UK sovereign debt which is all that seems to happen with QE leads where???.

More QE to subsidise banks and bib business moving billions of untaxed money to offshore accounts,tax loopholes for the rich and obscene wages.Someone is getting very rich.

50 Billion more DEBT!!! Why? because if you are a meglomaniac Central Banker, you want the whole world in debt to you.

Every country has a private central bank that prints money out of thin air and loans it to the government at interest making the government tax and fine us in every manner possible to pay back the loan and interest is not something to feel lucky about. If you don't think the government gets it's money from the Bank of England (you may think the goverment spends tax payers money) then how is the government in debt? All governments have a central bank, and all the Central banks; Fed Reserve, Bank of England, ECB, IMF etc are one and the same. Governments around the world borrow money from them and then have to pay it back at interest. This is how our banking system works. All money is debt. Look up fractional reserve banking or fiat currency.

All money is created from debt, add on the interest charged on any loan, morgage or credit and you now owe more money than has been created (the principal). In a money system based on debt which ours is, there will always be more debt than actual money. Central banks then always have the wealth gradually transferred to them. The Rothschild family is now worth over $500 trillion!! Over 50% of the entire wealth of the planet excluding properties and land!!!

"Permit me to issue and control the money of a nation, and I care not who writes the laws." - Mayer Amschel Rothschild, 1790.

“If my sons did not want wars, there would be none.” - 1849. Gutle Schnaper, Mayer Amschel Rothschild’s wife.

****Anyone want to know why countries are borrowing money to pay their debt?? We all know it doesn't make sense, why don't they?? It DOES make sense if you
understand the system. All new money in the system is created by debt.

"Each and every time a bank makes a loan, new bank credit is created -new deposits- brand new money." - Graham F. Towers (Governor, Bank of Canada, 1934-54)

"That is what our money system is. If there were no debts in our money system, there wouldn't be any money." - Marriner S. Eccles (Chairman and Governor of
the Federal Reserve Board)

....so if we all pay off our debts, there wouldn't be any money. If countries tighten their belts and start paying off debt, then .....we are right back in a recession!! We are trapped by the system. They only logical thing they can do, is borrow money. They borrow it, at interest, creating more debt to pay off the earlier debt, but now the money supply is also bigger. Not enough to pay off all the debt, but enough to keep the game going. This is our banking system.

It has been in place for hundred's of years. This is what America fought the war of indepence for:

"The inability of the Colonist to get power to issue their own money permanently out of the hands of George III and the international bankers was the Prime reason for the revolutionary war." - Benjamin Franklin. Watch "money as debt" on youtube.

And why 2 U.S. presidents were assassinated, look up Abraham Lincoln and the Bank War or John F Kennedy and Executive Order 11110 or The Bankers Mandate 1892.

They still want growth? And these guys are our experts?

An economy based on perpetual growth can't exist on a finite planet. We are seeing our system crumbling before our very eyes like the house of cards it is. Have any of you given any thought to how companies are supposed to produce more and more, they have to hit a wall of either people to buy it (population) or the resources to make their stuff from sooner or later. They already hit a wall a few decades ago, where growth faltered as the products were built to last and people didn't keep having to buy the same product over and over, what did they do? Redesigned them to last just past their guarantee, therefore using an infinite amount of extra resources and producing an infinite amount of extra rubbish to contaminate our planet with, all to keep our "economy" (which is not economic) going. On the 31st Oct they said the world population breached 7 billion. They are now talking about the impending food crisis we are going to have to deal with as there are too many people on the planet and we have cleared all the top soil off our land by killing all the trees which make it. They are already announcing a problem in the mining industry, wages have doubled as they can't find enough people to mine raw minerals quick enough to keep up with demand for the amount needed to keep our economy in growth!! Throw away society indeed.Yahoo also ran an article on 31st Dec about the two biggest oil wells going into decline, peak oil is not running out of oil, it is reaching the peak of how much we can physically pump out of the ground per day, and we have hit it world wide, while china, brazil and india are still industrialising. Pratically everything our economy runs on is oil based. Plastics for computers, clothes (nylon/polyester) make up, medicines, fertilizers are made from natural gas, modern agriculture is basically using oil to convert land into food. Transport, once we can't afford the oil, we face total collapse of our system. As we are now nearly 100% dependant on getting food from supermarkets, what happens when they are empty? Remember the petrol strikes? That was only a week! Growth and fractional reserve banking are the problems. Continuing as normal, back to work, contribute, pay your taxes is not going to change anything.

The answer is a resource based economy, run by the people for the people. We have superceeded the need for government or rulers, as long as we have rulers we buck our responsability and then blame them when it goes wrong. This is evolution and we need to start evolving while we still have a future to live for. An example of a resource economy is "The Venus Project" search Youtube for -"Imagining a world without money"-. I'm not saying this is the answer, but it can start a new conversation, if we can't imagine living without money, we can never survive. People will say no government and no money is anarchy, but I've been witness to this definition ofanarchy for the last 30 years. We need to find SANITY!!! Anyone know what the real meaning of anarchy is? Mon-archy (mono) one source of governance. An-archy (no) no source of governance, it doesn't mean punks or violence or anything other than, we are all equal and sovereign.No politician or banker will solve our problems, because they are not problem solvers, they are there to make themselves powerful and maintain their positions, as any hierarchy does. Those at the top make sure they remain there. We need to start educating each other and start making our own future as no government will ever do it for us!!!

There is still ONE way to put the world finances back to growth.Please reed ALL of the following.Each country must print say 10% additional money on their currency at the same time so as not to alter exchange rates.Any country not cooperating would find there own currency inflate so much they would find it difficult to export in the resulting trade boom.The new money MUST be used as follows.Half Must be used to reduce debt.The other half of this new money MUST be passed down to pensioners and low paid [the consumers ].The results of this action would include the following.Millions taken out of poverty,countries would have more sustainable debt,banks re capitalised,a stop to public unrest,return of confidence in the markets,world growth,trade boom,massive drop in unemployment,interest rates could again be used to control inflation.To maintain this growth the following must be agreed.Universal rules for banks,a stop to obscene wages[either capped of the use of higher tax bands] a stop to tax loopholes.a stop to untaxed money being moved to offshore tax havens,each country must cut administration costs,stop immigration[even within the EU].Only world cooperation will get us out of this stagnation.There is NO plan B.I would be willing to progress this package with any world leaders..................Joe Dudhill