Bank of England's Monetary Policy Committee (MPC) has kept UK interest rates on hold at 0.5%, and unveiled no new quantitative easing (QE) measures. Read full article
If they print more devaluation of the Pound, inflation, borrowing and stagnation.
If they don't print recession, may be deflation, more unemployment, social protest, less taxes to collect and more borrowing to close the gap of deficits.
Comments
Disclaimer & comment rulesPrint or not print that is the question...
Feb 11th, 2011 - 02:25 pm - Link - Report abuse 0If they print more devaluation of the Pound, inflation, borrowing and stagnation.
If they don't print recession, may be deflation, more unemployment, social protest, less taxes to collect and more borrowing to close the gap of deficits.
We have a lose-lose situation here...
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!