Thursday, 15 January 2009

Bank of England gets licence to print worthless money :

Its official."New Labour" adopts Weimar style monetary policy by letting the BOE print as much cash as it likes within certain parameters i am told but potentially this will lead to hyper inflation exactly like the US.

You know that your country is fucked when this happens .Its not such a bad thing if its temporary and is controlled and a debt is NOT passed onto the taxpayer but thats unlikely to happen and about as unlikely as the government handing out free 50 quid notes en masse.

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