Thursday 11 January 2007

Is This a Blunder from the Bank of England?

More of the same from the Bank of England, who seem intent on reverting to type and wishing for a “Strong Pound”

This will crush exporters and suck in imports. All in the mistaken belief it will reduce inflation for “our” benefit.


So all you businesses out there who borrowed to expand and grow-well too bad, the bankers arn't happy about all you whingers asking for their charges back so they will stuff you on rates!!

Or is it a currency led conspiracy to drive down the price of Gold, so that the banks can attack in concert when they are ready to ramp the prices [of Gold]?

Comments Please!

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