southcoast Posted February 9, 2012 Share Posted February 9, 2012 It's not real money though is it ? It's just paper that will not take anything away from the countries real defecit will it ? muldoon It makes the defecit that much bigger,and will do nothing to get the economy going,the only people who will benefit are the bankers. Link to comment Share on other sites More sharing options...
hard2miss Posted February 9, 2012 Share Posted February 9, 2012 Fifty Billion Pounds? My calculator doesn't have enough digits for me to enter that amount, but it's about a grand each isn't it? Just give each of us a share and I'm sure we'd all be happy to stimulate the economy ...It would have been better that they give everyone a grand then and let us spend it, putting money into the economy that way. Link to comment Share on other sites More sharing options...
truman Posted February 9, 2012 Share Posted February 9, 2012 It would have been better that they give everyone a grand then and let us spend it, putting money into the economy that way. see posts #5 and #6 Link to comment Share on other sites More sharing options...
hard2miss Posted February 9, 2012 Share Posted February 9, 2012 see posts #5 and #6 Thanks Ill look now Link to comment Share on other sites More sharing options...
hard2miss Posted February 9, 2012 Share Posted February 9, 2012 Didn't the Japanese do something like that, give everyone about 500 each ? Link to comment Share on other sites More sharing options...
truman Posted February 9, 2012 Share Posted February 9, 2012 Didn't the Japanese do something like that, give everyone about 500 each ? I suppose the only problem is that at the moment most sensible people would use any such giveaway to pay their debt down..wouldn't really help the economy .. or would it.. Link to comment Share on other sites More sharing options...
MrSmith Posted February 9, 2012 Share Posted February 9, 2012 Didn't the Japanese do something like that, give everyone about 500 each ? I remember reading something like that but it didn't work. Link to comment Share on other sites More sharing options...
hard2miss Posted February 9, 2012 Share Posted February 9, 2012 I remember reading something like that but it didn't work. They didn't get 4 grand each I think it equated to about 500 quid they got to try stimulate the economy. Link to comment Share on other sites More sharing options...
Guest sibon Posted February 9, 2012 Share Posted February 9, 2012 The Aussies gave everyone cash too. We just give it to a select few, after sneaking it out of everybody's savings, using inflation as the mechanism. Link to comment Share on other sites More sharing options...
taxman Posted February 9, 2012 Share Posted February 9, 2012 you're right, they didn't, well until you can provide proof the party opposed it that is. I can find one conservative candidate opposing it, but that's all. The current chancellor wasn't a fan ""quantitative easing is the last resort of desperate governments when all other policies have failed"." Link to comment Share on other sites More sharing options...
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