SteveT Posted October 20, 2008 Share Posted October 20, 2008 Anyone have any ideas or predictions on what will happen to the economy when the government print lots of 10 20 and 50 pound notes to reflate the banks coffers? Link to comment https://www.eastdulwichforum.co.uk/topic/4389-bank-money-from-government/ Share on other sites More sharing options...
zephyr Posted October 20, 2008 Share Posted October 20, 2008 The government will not be printing lots of notes for the banks. There is an excellent article here tht explains what happened to the money and how the government will give the banks more money. Instead of printing they will buy shares in the banks Link to comment https://www.eastdulwichforum.co.uk/topic/4389-bank-money-from-government/#findComment-141092 Share on other sites More sharing options...
MelbourneGr Posted October 20, 2008 Share Posted October 20, 2008 Wheelbarrow + cash = breadJust as well they're not printing, buying shares in banks is a much better alternative. Good article. Link to comment https://www.eastdulwichforum.co.uk/topic/4389-bank-money-from-government/#findComment-141095 Share on other sites More sharing options...
Michael Palaeologus Posted October 20, 2008 Share Posted October 20, 2008 As the Government intends to roll out its very own Marshall Plan and build us out oif recession, do you think that we might actually see the ELLE phase 2 to Denmark Hill and the Cross-River Tram to Peckham? Link to comment https://www.eastdulwichforum.co.uk/topic/4389-bank-money-from-government/#findComment-141100 Share on other sites More sharing options...
Brendan Posted October 20, 2008 Share Posted October 20, 2008 Well if it?s good enough for Zimbabwe. Link to comment https://www.eastdulwichforum.co.uk/topic/4389-bank-money-from-government/#findComment-141101 Share on other sites More sharing options...
mockney piers Posted October 20, 2008 Share Posted October 20, 2008 I've heard Cross Rail is already being scaled right back, so I'm guessing non. Link to comment https://www.eastdulwichforum.co.uk/topic/4389-bank-money-from-government/#findComment-141126 Share on other sites More sharing options...
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