re: #157 yma o hyd

Here’s some more ‘good’ news:
Bank to ‘print’ 75bn of new money as it cuts rate

Yep - the interest rate is now down to 0.5%.
Perhaps we’d better start worrying about having to pay the banks for the priviledge of keeping our money …
Oh - and buy some wheelbarrows - 75bn is peanuts, I tellya, peanuts!

That’s a sure fire sign the gov’t is moving to a pro-inflation policy. The only other choice is a rapid deflation, which would lead to widespread default and a collapse of the British pound.