tag:blogger.com,1999:blog-2948538160252327076.post504408370095696908..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: The BoE misses their inflation target (again)Alice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2948538160252327076.post-63345910040476995142011-12-28T12:22:22.216+00:002011-12-28T12:22:22.216+00:00@dearieme - interesting question.
All I could fin...@dearieme - interesting question.<br /><br />All I could find was this oldish comment:<br /><br />http://www.bondvigilantes.com/2009/03/23/quantitative-easing-and-index-linked-gilts-a-little-less-information/<br /><br />If I understand the quote from the article correctly, they're excluded for "liquidity reasons", meaning presumably that Institutions/pension funds etc need them to at least partially fulfil commitments?<br /><br />Wouldn't you think that the BoE would otherwise buy them up big-time if they saw a meaningful rise in inflation down the road?<br />Could be just 1 of the possible reasons (apart from manipulation) why gold seems under pressure?Stevie b.https://www.blogger.com/profile/11427759744381570329noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-69676965857378765232011-12-27T20:02:32.587+00:002011-12-27T20:02:32.587+00:00The sad truth is that the Government spends too mu...The sad truth is that the Government spends too much, and indeed tries to do way too much. If you will cast your mind back to the millennium Dome, and recall how grossly mismanaged that was then all will become clear. The saga of the Dome was not government acting unusually, it was politicians acting exactly as they do all the damn time.<br /><br />They really are that crap at everything, all the time.<br /><br />This is why everything is in such a mess; politicians ain't good at running stuff, they're good at looking like they're going to be good at running stuff. There is a subtle difference there, see.Dan H.noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-72589307764235705152011-12-15T21:15:48.734+00:002011-12-15T21:15:48.734+00:00I really fear the real reason for QE is that the g...I really fear the real reason for QE is that the government cannot get funding from elsewhere. Without QE they could not afford to pay for the public sector. It is a sad reality.mikenhttps://www.blogger.com/profile/01169859912912167489noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-34348713773785445472011-12-15T12:05:36.813+00:002011-12-15T12:05:36.813+00:00On another blog I read that QE has had the BoE buy...On another blog I read that QE has had the BoE buying fixed interest gilts but not index-linked. Why might that be?deariemenoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-29993481525188436492011-12-15T10:06:27.784+00:002011-12-15T10:06:27.784+00:00Print money today, get inflation next year.
It...Print money today, get inflation next year.<br /><br />It's not exactly rocket science, is it?<br /><br />otoh this government WANTS inflation: it reduces some of their debts, and quietly confiscates the wealth of the prudent (what little they have left after the Broon years) to reduce some more.<br /><br />That's not rocket science either.Weekend Yachtsmanhttps://www.blogger.com/profile/04262853091154005651noreply@blogger.com