Friday, March 27, 2009

Capitalists@Work: How long before a UK gilts strike?

Here's an explanation as to why yesterdays short term gilts sale worked when the long term didn't.

You won't have heard it on the BBC. But then telling the public the Quantitative Easing is also just handing money out to the banks won't advance the cause of the re-electing a Labour government will it ?

Capitalists@Work: How long before a UK gilts strike?

PS I note "Insanity Brown" is now trying to mention that he's reduced interest rates, before coming on to his failure in "Fiscal Stimulus". So the Bank of England was never independent then eh Gordon ?

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