logo
The Daily Stirrer

Central Banks Print Money But Fail To End Crisis
by John de Roe.

The Daily Stirrer brings you opinion and comment on issues in the news that are likely to affect the lives of ordinary people. We therefore focus on economic matters, prices and inflation, jobs and unemployment, health, diet, education and social comment. Our contributors are old gits who are prepared to say what everybody is thinking. We do not like control freakery, bureaucracy, corporate fraud and fascism, politics, politically correct thinking, junk science or tax eaters. You've been warned.

Central Banks Print Money But Fail To End Crisis


by John de Roe.
2011-04-26
CREATIVE COMMONS: Attribute, non commercial, no derivs.
KEYWORDS: recession, economy, economic, britain, finance, growth, money, inflation

The world's central banks have pumped 3 trillion into the global economy since the beginning of the financial crisis in 2008. This represents the equivalent of 8pc of the world economy, according to an analysis by Fathom Consulting.

The figures will intensify fears that the extra cash flooding the system is responsible for rising stock markets, rather than any recovery in corporate health or investor confidence.

Erik Britton, a director at Fathom, compared the development to throwing lighter fuel on a barbecue. The question is, he said, "whether the coals are lit".

The warning is the result of the extraordinary measures to prop up the financial system, which have seen central banks resort to strategies such as buying up bonds to keep the flow of money circulating. The central banks have also tried to stimulate economic activity by holding base interest rates insanely low. All that achieve was by enabling banks to borrow from government at 0.5% and by buying treasury bonds, in effect lend the money back again at 3%, was to make matters worse.

With such easy money on offer the banks had no need to take on riskier loans to businesses.

Fathom's economists are worried that last year may have marked the high point of the global recovery. "It remains unclear how much of the equity market rally has been 'genuine', rather than simply a 'mopping up' of that extraordinary injection of liquidity," they warned. "As that stimulus is gradually withdrawn, further gains in equity markets will be harder to achieve."

RELATED POSTS:
UN Panel Says Redesign The World Economy For SustainabilityPoliticians can phrase their press communiques in fine words and soaring rhetoric but in the end they cannot disguise the fact that their latest initiatives on saving civilizartion are just another thinly disguised move towards global government, a global economy and culture the suppression of the individual and a New World Order.
Why hasnt quantitative easing worked for the UK economy?Ministers of the Coalition government have waxed lyrical about how the UK economy would avoid another recession and start to grow this year, or at least stagnate. But according to the Organisation for Economic Cooperation and Development (OECD) we are going to enter another recession on Aprils Fool Day. The Daily Stirrer told you this was inevitable of course.How the government get it as wrong as their ...
The Greek Mess, Germany and A Final Solution?As European Leaders meet to discuss their latest wheeze to save the single European nation project by continuing to deny that the Greek economy is FUBAR, The Daily Stirrer again argues that the global economic crisis will not be resolved until politicians and economists understand the basic rules of finance like 'Don't spend money you haven't got.
Drop in UK inflation Is Not Good NewsThe Office for National Statistics has reported a sharp fall in the Consumer Prices Index - down from 4.8 per cent in November to 4.2 per cent last month - was the sharpest drop in the annual rate since December 2008 when the UK was in recession and VAT was reduced. Government ministers and propagandists will try to talk this up as a sing that the economy is starting to recover. We should be wary however, in the current economic circumstances a drop in inflation, especially one this rapid in what is traditionally the best month of the year for retailers, is not good news ...
Bond Villain Targets Britain
Interesting Times
Inflation A Threat To Recovery
Magic Money
Food Prices To Hit Asian Growth
UK has third biggest deficit in Europe
Money Index

Daily Stirrer - April 2011

If you liked this, please give it a boost

Bookmark and Share

Close Window and return to menu
News Feeds (Go back to top) <
BBC News

BBC News - Health
Updated : Tue, 31 Mar 2015 17:00:55 GMT

NHS: Labour's private profits cap
Is Labour trying to make NHS privatisation an election issue?
Publ.Date : Fri, 27 Mar 2015 17:50:01 GMT

MS drug 'may already be out there'
Depression and heart disease drugs are to be tested in a new trial to find treatments for Multiple Sclerosis (MS).
Publ.Date : Tue, 31 Mar 2015 17:00:41 GMT

What drives people to murder-suicide?
What drives people to murder-suicide?
Publ.Date : Sat, 28 Mar 2015 00:13:15 GMT

VIDEO: Sitting down poses health risk
Office workers are putting their health at risk by spending too much of the day seated, according to a survey.
Publ.Date : Fri, 27 Mar 2015 07:15:47 GMT

Uganda circumcision truck fights HIV
Uganda circumcision truck fights HIV
Publ.Date : Tue, 31 Mar 2015 02:10:18 GMT


Rssfeedreader.com
Fix Bad Credit
CNN

Health News Headlines - Yahoo News
Updated :

Arizona governor signs abortion drug notification mandate
PHOENIX (AP) — Gov. Doug Ducey signed a bill Monday that requires abortion providers in Arizona to tell women they can reverse the effects of a drug-induced abortion and also bars women from buying any health care plan through the federal marketplace that includes abortion coverage.
Publ.Date : Mon, 30 Mar 2015 21:31:42 -0400

Guinea shuts border with Sierra Leone in effort to end Ebola
CONAKRY, Guinea (AP) — Guinea closed its border with Sierra Leone on Monday as part of new efforts to stamp out Ebola, an official said.
Publ.Date : Mon, 30 Mar 2015 14:19:13 -0400

Why You Should Care About GNC's New Supplement Guidelines
GNC responds to investigation revealing mislabeling of ginseng, echinacea and others.
Publ.Date : Mon, 30 Mar 2015 16:18:12 -0400

Exercising critically ill patients may help speed recovery

WASHINGTON (AP) — The intensive care unit is a last frontier for physical therapy: It's hard to exercise patients hooked to ventilators.



Publ.Date : Mon, 30 Mar 2015 12:31:15 -0400

Do You (Really) Know What's Good for You?

I don't generally watch morning television; I doubt that will much surprise anyone. But watching a bit of morning television is all but unavoidable when you are in fact on morning television. Most of the shows are running their own programming continuously on monitors in the so-called "green room."And so it is that I saw a bit of the Today show...



Publ.Date : Mon, 30 Mar 2015 12:52:19 -0400


Add RSS Feeds To Website
Increase Your Credit Score
SITE SEARCH
find keywords on this site

Enter keywords& choose search engine:

Google: Yahoo: MSN:

This free script provided by
JavaScript Kit

INFORMATION & NAVIGATION

navigate

navigate

CATEGORIES

Fiction
Animal related
Art Menu
Belief, Faith and Religion
Celebrity mocking and knocking
Climate and Environment
Comedy, Satire, Humour
Debt Crisis and Money Matters
Driven To Drink
Education Menu
Fear and Panic
Health Menu
History - new perspectives
Humanitas
Jobs Crisis
Living Within The conspiracy
Middle East
Nanny State and The Thought Police
Past Perspectives
Philo & Sophia
Politically Correct Stupidity
Fools & Dreamers
Politics and Economy
Latest News Science and Technology
Sex and sexuality
Sport
Weird and Supernatural
SNACKS (sub topics)
The Ageing population
America
Religion and spirituality
Climate Change
Comedy and Humour
Education is overrated
The environment
Europe
Health
Internet Technology
Jobs and employment
Money and finance
Myths and traditions
Nanny Orwell
People and Places
Science, technology
Society
UK politics
War
World Politics

Our Internet Places
Scribd
Blogster
Ed Butt at Bubblews
Wikinuts
Boggart Blog
Little Nicky Machiavelli
Boggart Network News
Greenteeth Bites
Greenboggart
Boggart Blog Central
Daily Stirrer briefing
Boggart Network News
BOGGART BLOG ARCHIVES
BBselect001
BBselect002
BBselect003
BBselect004
BBselect005
BBselect006
Bubblews Archives
[ 1 ] [ 2 ] [ 3 ] MULTI MEDIA
Spoken Word
Video
Music
Graphic Art

Home
Top Of Page
Back Catalogue
Our Comments
FEATURESThe Daily Stirrer
Boggart Blog Central

Comedy Main
Comic Verse
Cartoons
A Tale Told By An Idiot
General
Fiction
History
Thought
Poetry
Science & Technology
Elsewhere

Boggart Blog Daily
Little Nicky Machiavelli
This writer at Authorsden Gathering
Delicious Greenteeth
Boggart Network News
Boggart Network News

More From Around The Labyrinth

LATEST POSTS & COMMENTS

Did Reuters Falsify The Testimony Of A MH-17 Crash Witness
As the USA increasingly looks to be losing its bid to provoke Russia into firing the shot (or dropping the bomb) that starts World War Three, the ever loyal mainstream media continues to flog dodgy narratives in the hope of whipping up anti Russian sentiment, should Obama eventually need to attack the Russians or their allies. In this case Reuters are caught fabricating stories about fligh MH17 shot down over Ukraine

Thousand of Indian farmers protest against corporate imperialism and Government promotion of GMO seed.
In India the deeply unpopular Modi government is facing a massive revolt against possibly corrupt and certainly undemocratic collaboration with biotech giants like Du Pont and Monsanto in trying to use legislative power to force farmers to accept the introduction of Genetically Modified seed. Protests against the Government and ruling coalition took place in Delhi on ...

Pesticide residues on fruit and veg. is harming male fertility, study claims

Pesticide residues on some fruits and vegetables could be harming men’s fertility, a study has claimed. Researchers found that men who consumed the most peppers, spinach, strawberries, apples and pears – which tend to contain the highest concentrations of pesticide – had on average a 49 per cent lower sperm count than those who ate the least.

ExxonMobil Tells The Guardian To Stick Their Leftie Hypocrisy Where The Lights Don't Shine
We have often made points about the hypocroisy of the left, particularly those lefties who support the global warming scaremongering of the Warmageddonist Lobby who spread false propaganda about climate change in order to justify punitive taxes on the fuels that produce the energy than make modern sociaty viable.

Sources: Saudi Arabia Sends over 5,000 Takfiri Terrorists to Yemen

According to as yet unconfirmed reports from Iranian news agency Farsnews, "Saudi Arabia has sent around 5,000 Takfiri mercenaries to fight against the Yemeni army and revolutionary committees," Yemeni Army Commander Colonel Abdel Sattar al-Boushali told FNA on Saturday night.

The Sillyosity Of The Loony Left
It's great to watch the increasing silliness of the left, particularly those Maoist bigots the BBC passes off as impartial and objective news commentators. This morning they were all creaming their pants about an opinion poll about a YouGov poll for the Sunday Times. Topline figures are CON 32%, LAB 36%, LDEM 8%, UKIP 13%, GRN 6%.

Europe Pulls Rug From Under Greece, Says "Nein" To "Vague, Piecemeal" Proposals
The noises coming out of the meeting room where officials from Greece were in talks with EU finance ministers sounded positive. Greek talks with their creditors have ended badly however for the desperately cash-strapped nation.

Climate Change and Leftist Psycological Malware.
It may seem far fetched but it is possible to link the techniques of the climate change / anti capitalist lobby to the brainwashing prorammes used by the Nazis in Germany, Stalin's Soviet regime in Russia and Chaitrman Mao's brutal government in Communist China. Thus it becomes quite similar to malware that infects computer systems. The left do not care about saving the planet, all they are interested in is advancing their totalitarian, globalist agenda.

Libya, Syria, Yemen: Sectarian conflict threatens entire Middle East
Another failure of US foreign policy leads to threat of war as a coalition of 10 Sunni Arab states launches a military offensive against Shiite Houthi militants in Yemen, recently proclaimed by America’s president as a brilliant example of war on terror, but now catapulting the Middle East into the inferno of battle.

Obama's Terrible Trade Pact Is a Scam That Must Be Stopped Says Jim Hightower
Having written a book on the evil trade treaty that will transform the democratic nations into corporate oligarchies, we step aside and hand the baton to Jim Hightower of Alternet who is equally outraged about the iniquities of TTIP's equally evil twin, TPP.

"I'm Not Stupid" Monsanto Lobbyist Refuses To Drink Weedkiller After Proclaiming "It Won't Hurt You"
The glib claim backfired however when the Monsanto lobbyist was offered a glass of diluted Roundup (active ingredient Glyphosate) and asked to drink it.
"Do you think I'm stupid, " the lobbyist blustered ...

Rotherham Child Sex Abuse Probe Puts 42 Police Officers Under Invesitigation
allegations against police officers include neglect of duty by failing to adequately investigate on the basis of evidence or to deal with incidents appropriately, inappropriate comments and evidence of corrupt relationships between police officers and offenders.

U.S. versus Russia War: Top Russian Politics Scolar Stephen Cohen Tells The Truth
We have been blogging for four years about the US drive for war, provocation of Russia in Syria, Iraq, Ukraine and elsewhere made it obvious. But I'm just a news junkie with a strong sense of curiosity and have wondered why the US seems set on this course. Good to see experts like Stephen Cohen, a prominent expert on, Russia are coming onside.

Google Meets White House Officials Every Week, Why?
We have been very suspicious for ten years of the way Google with such apparent ease achieved a dominant position in web search. How did it happen, did Google do something evil, did they invoke the powers of darkness in their meteoric rise. Or were there even darker forces at work, powering Google to a position in which their internet technologies could dominate global information flows? Here's something cynics should read.

Venezuela's President Maduro Accuses USA Of Psychological Warfare
Venezuelan President Nicolas Maduro has accused forces in the United States, Colombia, and Spain of waging an international “psychological war campaign” against his country. Barack Obama is behind a psychological war campaign to justify a coup in Venezuela said Maduro (who is not known for emotional restraint in his speeches) as he presented the results of the CELAC meeting in Costa Rica and elaborated on one of the grandest conspiracy theories yet proposed by his government.

The US House of Representatives Openly Calls for Regime Change in Moscow
Aside from Washington's usual lust for war, and the enthusiasm of American politicians to act as cheerleaders for death and destruction (so as to secure their billions in military industrial complex campaign donations, (graft, bungs, slush money, payola), a key part of a new bill before the House of Representatives which calls for lethal aid to Ukraine, has nothing to do with Ukraine at all.

Banning Cash Will Stop Terrorism (and end war, poverty, disease and bad smells)
The cashless society has been talked of for a long time by worshippers of authority, science fanboys, supporters of left wing politics and other people who think that nice Mr. Hitler had some good ideas really, but leading the race to ban cash because it is an aid to terrorism is the extereme right wing National Socialist regime in France.

Stupidity Of America's Lust For War With Russia
We have reported many times on the American attempts to provoke Russia's leader Vladimir Putin in the hope that Puting will then fire the first shot in the war the USA so desperately needs to revive its failed economy, unify its dysfunctional society and restore is to the position of dominant global superpower ...

TThe Idea Of An Infinite Universe Is Fashionable Again
The now little discussed (due to the witch hunt tactics employed by the scientific consensus gangsters) idea of an infinite, eternal, self renewing universe makes a lot more sense than a point at which everything suddenly materialises out of nothing.

Free Speech Is Being Murdered By The Media And Left Wing Authoritarianism
Without free speech there is no democracy. Without democracy there is no freedom. But all over the developed world free speech is under attack from politically correct politics. It is time to start resisting, do not believe the propaganda published by mainstream media, question everything and make up your own mind. as The Buddha said, "Believe nothing you read or are told unless it agrees with your own experience and common sense."

To Infinity And Beyond - Big Bang Theory Trashed?
One 'scientific fact' Little Nicky has challenged in the past is Big Bang Theory. I have lost count of the times that having offered proof that Big Bang is not a fact, the universe is in reality infinite I have become involved in thousand - comment threads in which the arguments of the Big Bang sceptics were contradicted by science tits screeching, "It is a fact because we say it is."

De - dollarization Moves Ahead - Once Again We Told You So.
Add the IMF to the (now long) list of those who apparently share the UK’s view that joining the China-led Asian Infrastructure Investment Bank is an “unrivaled opportunity,” as Christine Largarde says her institution not only sees a “massive” opportunity for cooperation with the AIIB but is also “delighted” to explore the possibilities.

World Domination Freak Bill Gathes Appeals For World Government
In a recent interview with the German magazine “Süddeutsche Zeitung“, Bill Gates, son of a CIA director and the New World Order's 'made man' uttered some highly sinister comments in support of abolishing democracy and nationhood in favour of world government.

Another Reason To Get Out Of EU. UKIP MEP Hits Out At Fishing Policy That Penalises British Fishing Crews
As the General Election campaign starts to heat up, we try to shift focus away from the squabbling between Conservative and Labour about who can make the most promises they have no intention of keeping and to the real issues concerning jobs, social breakdown , mass immigration, and an often overlooked area in which our EU membership has perhaps done more damage than any other, the fishing industry.

German Ubermacht Gives Greek Upstats The Finger In European Union Confrontation. The confrontation between Germany, which some say sees itself as the increasingly dominant nation in the EU as 'ever closer integration' progresses, and Greece, the Euro zone economic basket case but a proud and independent nation all the same, had to come. Germany was more austerity from Greece to protect the value of the Greek debt it hold. Greece want money from Germany to settle old grievances.

France Moves to Make ‘Conspiracy Theories’ Illegal by Government Decree
Political elites and super-bureaucrats must be very worried. New start up political parties, dismissed as populist byt in reality listening to the concerns of voters are making inroads into the political status quo. New media investigative journalists and op-ed writers are challenging the official propaganda (and gaining an ever bigger audience). It’s becoming harder to control consensus reality.

Older Posts index