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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