I agree with that. If I was the BoE, I would stop relying on the Banks and, in effect, go straight to consumers with the money. So take a haircut off their debts (mortgage, credit cards etc) and prov… (View Post)

Again, if it was the case as you state, then the UK and the US should have seen accelerating growth because the banks were pumping so much into loans to businesses that the economy was taken off. In … (View Post)

Each of those had / have debts that needed to be paid off in a different currency from what they could print. The Weimar Republic, for example, had to pay war reparations based on Gold Deutsche Marks… (View Post)

Not technically true. The UK, like the US, prints its own money, technically it can't go bankrupt. Given interest rates are likely to remain hyper-low for the forseeable future, they should be t… (View Post)

I wonder if BT, Sky and Virgin will be doing the same https://triblive.com/business/comcast-makes-wi-fi-network-free-expands-unlimited-data-to-all/ (View Post)