Want to know why it's all gone wrong?

[sparks]

Linky

 

Mr Bean, who sits on the Bank's Monetary Policy Committee which sets interest rates, told Channel 4 News: "What we're trying to do by our policy is encourage more spending. Ideally we'd like to see that in the form of more business spending, but part of the mechanism that might encourage that is having more household spending so in the short term we want to see households not saving more but spending more."

 

That'll solve the problem....

[cobra]

Your better off now keeping your cash under the mattres than in a bank and saving more this way than letting the MAN know that you have so he can tax you more.

 

I remember a old post about spending over £2000 in cash on a transaction will be banned by Government.

http://theeconomiccollapseblog.com/archives/the-death-of-cash-all-over-the-world-governments-are-banning-large-cash-transactions

 

Having the money in the bank makes it easier to seize

[dragonfly]

Scary times ahead..