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This is a normal post has it occured to anyone
who we owe the money to? A government can print it's own currency without the need to loan from a central bank and pay back with interest. think about it. if the Bank of England was truely nationalised as they say, why are we borrowing from ourselves and paying back with interest? something is not right
 (I helped save b3ta! Clay hopes this bit is long enough to promote my websi, Tue 8 Feb 2011, 23:43, , Reply)
This is a normal post we can't just print money
i hear what you are saying, but (and IANAE) i believe it can cause spectacular inflation. or something. economists huh?
 (I helped save b3ta! Avast is still alive!!!!, Tue 8 Feb 2011, 23:59, , Reply)
This is a normal post not if its tied to gold standard, a finite commodity
at the moment the CBs have the power to create it times the actual currency held. a very dangerous situation. We neeed to start asking the fundamental questions.Th e problem is we are paying back money which is being borrowed (supposedly from ourselves) with interest. there is more money owed than in cirulation. It can only lead in one diretion.

A sovereign nation can print money, its own currency, without the CBs, at the moment the CBs are doing it and charging interest!

ask this question why are we borrowing from ourselves and paying back with interest? look into the Bof E 1976 act and then the 1998 act passed by Brown. very interesting indeed.
 (I helped save b3ta! Clay hopes this bit is long enough to promote my websi, Wed 9 Feb 2011, 0:10, , Reply)
This is a normal post Trouble with a finite commodity
is that it runs out. And then you end up horse-trading over something meaningless. The advantage to not having it is that you don't need to mine a lot of gold to be successful. Instead you can have a lot of, say, creative talent or manufacturing and base your value on that. All that glisters is not gold.
 (I helped save b3ta! John Q Wagonwheel Spent, Wed 9 Feb 2011, 0:22, , Reply)
This is a normal post I'm not going to labour the point
but seriously, look into what caused the 1930s crash in the US and the role of that CB, the fed reserve, played and the calling in of loans, the gold reserve act etc.

very revealing about the current climate

a key research point is to look at who actually makes up the shareholders of the B of E here in the UK and look into what the '76 and '98 acts meant. You will see just how private it really is.
 (I helped save b3ta! Clay hopes this bit is long enough to promote my websi, Wed 9 Feb 2011, 0:32, , Reply)
This is a normal post gaz me
i would like to know more about this.
 (I helped save b3ta! Avast is still alive!!!!, Wed 9 Feb 2011, 0:51, , Reply)
This is a normal post We can print extra money, that's basically what quantitative easing was.
The Bank of England wasn't lending money to the government, it was buying other financial products to stimulate the economy.

The risk is increasing inflation, so it probably wouldn't be wise to repeat it now with inflation already high.
 (I helped save b3ta! the wub - guide onion for the blind, Wed 9 Feb 2011, 0:39, , Reply)