Thursday, 5 March 2009
Quantitative Easing And Rates Of Interest
There is enough informed comment on the Bank of England decision to cut interests and trying to pump money into the system. My recommendation is to watch a DVD of the old musical "Paint Your Wagon", which portrays a community bent on gain and its final collapse. I quote:
Gold Gold Gold Gold Gold Gold Gold
Gotta dream boy
Gotta song
Paint your wagon
And come along
Where am I goin'?
I don't know
When will I be there?
I ain't certain
What will I get?
I ain't equipped to say
But who gives a damn?
Who gives a damn?
Who gives a damn?
We're on our way
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