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| uk.legal (Legal Issues in the UK) (uk.legal) An unmoderated forum to discuss all aspects of legal issues within the UK. |
| Tags: bank, bloomberg, england, interest, rates, zero |
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abelard wrote:
On Thu, 13 Nov 2008 12:27:20 GMT, "G K" wrote: "Logician" wrote in message ... Bloomberg is reporting how the BoE is considering zero interest rates meaning that since inflation is more than zero, the BoE is borrowing to support a failing economy. Please do comment on the dangers associated with the falling pound. falling how far? The Euro rate against the pound when it started was around 67 pence to a Euro. Now it is around 85. Work it out for yourself economic mastermind. |
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On Sat, 15 Nov 2008 00:22:26 +0100, "Lou Ravi"
wrote: abelard wrote: On Thu, 13 Nov 2008 12:27:20 GMT, "G K" wrote: "Logician" wrote in message ... Bloomberg is reporting how the BoE is considering zero interest rates meaning that since inflation is more than zero, the BoE is borrowing to support a failing economy. Please do comment on the dangers associated with the falling pound. falling how far? The Euro rate against the pound when it started was around 67 pence to a Euro. Now it is around 85. Work it out for yourself economic mastermind. see another post at this time.... -- web site at www.abelard.org - news comment service, logic, economics energy, education, politics, etc 1,552,396 document calls in year past -------------------------------------------------------------------------------- all that is necessary for [] walk quietly and carry the triumph of evil is that [] a big stick. good people do nothing [] trust actions not words only when it's funny -- roger rabbit -------------------------------------------------------------------------------- |
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