Sunday, October 10, 2010

Osborne Backs More Money Printing

It is clear that the Britain's only answer to the current economic crisis is to print money. This policy will only lead to disaster. Now Bloomberg reports that the Chancellor George Osborne has stated that he will back any request that the Bank of England calls for to print more money:

Osborne Says He'd Approve a Bank of England Request for Monetary Stimulus

This money will go to banks who will simply buy and sell fraudulent derivatives and so suck in bonuses and fees but there will be no economic benefit to the people. At the same time increasing the money supply will dilute the wealth of the citizens.

The government and the Bank of England are destroying your way of life. You must try to stop them! These people are not looking after the citizens. They are not your friends. You are being robbed.

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