‘We may need to print even MORE money’, Bank of England economist warns just days after £75billion cashflow is sanctioned

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SIMON DUKE
UK Daily Mail
October 10, 2011

One of the Bank of England’s leading economists has warned it may need to print even more money to bolster the sickly economy.

In a sign of growing fears over a double-dip recession, Dr Martin Weale signalled that it will step up its money-printing scheme if growth does not pick up soon.

The warning came before the Bank has even begun distributing the extra £75billion it set aside for its quantitative easing (QE) programme just days ago.

Today two new reports on Britain’s economic prospects make grim reading for ministers – predicting that growth could go into reverse next year  as confidence levels in plunged to two-year lows.

In addition, Dr Weale’s comments came as the country braces itself for the worst labour market figures since the depths of the recession of the early 1990s.

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13 Responses to “‘We may need to print even MORE money’, Bank of England economist warns just days after £75billion cashflow is sanctioned”

  1. “I’m Giving Her All She’s Got, Captain!!!”

    YouTube: watch?v=EewGMBOB4Gg

    QMB
    addendum to
    the addendum

    wildcat Reply:
    October 10th, 2011 at 4:57 pm

    “The printing presses cannae take it captain!”

  2. Order today: HOME MONEY MAKER AT YOU KITCHEN TABLE, ACME economy stimulator is now offering to the first 1,000 callers the newest and most efficient wealth builder, our Bernake high speed muti-national home cash printer and many colored inks included. Print one of you own currenceis, or go internationalwith rubles, Yuan, Dinars, Pesos, Canadian dollars, Pesetos, Bristish sterling pounds, german marks, or the NWO favorite Swiss Franks. Act now!! Don’t delay!! Supplies Limited !!

    AND REMEMBER IF YOU DON’T PRINT SOMEONE ELSE WILL. WITH THIS GREAT HOLLIDAY GIFT ITEM YOU CAN LAUGH AT FAILING BANKS, ATM NETWORKS SHUT DOWN, AND THOSE DEMAGNETIZED DEBIT CARDS.

    STEP UP TO THE FRONT OF THAT GROCERY STORE AND PROUDLY PRONOUCE, “I PAY CASH, NAME YOUR CURRENCY”.

    ECONOMIC CRISIS SOLVED. CASE CLOSED

    AVAILABLE ONLY AT BERNAKE PRINT IT YOURSELF DOT COM
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    THE WEATHER CHANNEL SAGA HEATHER STAR EDITION, SOLAR MISSLE MYSTERY EXPOSED

    Live now on Heathers show, Dumb Liberal suffers commit suicide on high killer waves for a momment of fame. Sharks coming in for lunch today surf boys.

    MARK OF THE BEAST Reply:
    October 10th, 2011 at 8:07 am

    JUST IN, MILITARY INDUSTRIAL COMPLEX TO USE SPACE BASED MISSLES TO SOLVE SOLAR CME EXPLOSIONS OF SOLAR CYCLE 24.

    GE STANDS TO MAKE A FORTUNE OFF LIGHT BULBS WITHOUT THAT SUNSHINE LIGHTING UP THE DARK SKIES.

    MARK OF THE BEAST Reply:
    October 10th, 2011 at 2:36 pm

    FLASH NEWS: HIGG SCHOOL HAMMITY, THE LONG ISLAND LIBERAL OUTDEBATED BY TOPLESS CHICK ON STREETS ON NY. FIX NEWS EMBARASSEMENT NATIONWIDE.

    Earlier today Hammity demostrated his complete ignorance of the Coporate Tax structure, and the proper use of LAND, LABOR AND CAPITAL. Hammity does have the foggiest idea of how free market captalism was intented to work. Hammity does not understand the difference between Odumba Marxist/Fascism slave labor use in China, India, Malaysia, Mexico, Indonesia and how the NWO is destroying the framework in which capitalism operates.

    He should start back at freshman level in a non marxist university and get an education before he ever speaks again.

    Maybe he will learn to listen to Savage. PROBABLY NOT.

    HAMMITY=NWO USEFUL IDIOT

    CASE CLOSED.

    THE MESSENGER

  3. Print Print Away

    go to: Dailyjobcuts.com

    .

  4. Sounds like many of the Bank of England’s leading economists need arrested!

  5. Some good news from England: the people’s ignorance is wearing thin, and many can now see the truth about the money system. We will occupy the square mile this weekend, and do our best to disrupt the system. The venality and corruption of banksters and politicians is laid bare for all to see. The people are waking up at last.

    Matzo Man Reply:
    October 10th, 2011 at 2:27 pm

    Good! Let them know that YOU KNOW. And demand action!!!

  6. They will all be ‘kettled’ for hours and will end up pissing in their pants.

  7. “banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”

    -Thomas Jefferson

    The banksters will still get their bonuses and have their yachts, mansions, jets, security, etc. You young people will be swindled debt slaves. Don’t like it? DO SOMETHING! At least make some noise. But don’t do the same thing that is still going on, and don’t support the Establishment.

  8. Brilliant! Stuck in a huge hole that they’ve dug themselves, the solution is to keep on digging!
    All the way to China?

  9. Panic!!!

    Once the G5 nations fall, their armies won’t get paid. No money no killing.

    So they really need to keep that money afloat. Lol good luck nwo scum!

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