SUBSIM Radio Room Forums - View Single Post - IMF tells UK to consider rate cut to boost growth

Skybird · 05-23-12, 09:52 AM

Germany placed 2 year-bonds today for an interest of 0.00%. They "sold" well.
Bringing inflation down to 0.00%, and cold progression as well, nobody mentioned.

For John Smith and Lucy Brown with heir small private savings, this is even worse news. They get their money's value stolen from them. Which is apparently the strategy behind what the Fed plans to do with American debts, and what is being followed more and more by the Eurozone, and Germany, too. Get rid of debts by stealing monetarian value from private savers.

If I would have my way, famous Berlin alley "Unter den Linden" soon would be renamed into "Unter den Köpfen". It would be a boulevard of prominent faces, no doubt.

05-23-12, 09:52 AM	#4
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,776 Downloads: 10 Uploads: 0	Germany placed 2 year-bonds today for an interest of 0.00%. They "sold" well. Bringing inflation down to 0.00%, and cold progression as well, nobody mentioned. For John Smith and Lucy Brown with heir small private savings, this is even worse news. They get their money's value stolen from them. Which is apparently the strategy behind what the Fed plans to do with American debts, and what is being followed more and more by the Eurozone, and Germany, too. Get rid of debts by stealing monetarian value from private savers. If I would have my way, famous Berlin alley "Unter den Linden" soon would be renamed into "Unter den Köpfen". It would be a boulevard of prominent faces, no doubt. __________________ If you feel nuts, consult an expert.