tag:blogger.com,1999:blog-7820485130017459619.post2065927193323161522..comments2023-10-24T01:46:47.151-07:00Comments on CynicusEconomicus: A Letter Requesting Information on The Policy of Quantitative Easing (Printing Money)Unknownnoreply@blogger.comBlogger21125tag:blogger.com,1999:blog-7820485130017459619.post-84763439516233619302009-05-07T13:53:00.000-07:002009-05-07T13:53:00.000-07:00Finally got a response from Christopher "Chopper" ...Finally got a response from Christopher "Chopper" Chope MP (Con,Christchurch) - former treasury spokesman.<br /><br />Has made representations on my behalf to "the Minister"! Awaiting response ... zzzzzzzzzshtovenoreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-4843244366662426352009-03-03T08:56:00.000-08:002009-03-03T08:56:00.000-08:00Good luck with that. Do you really think your loca...Good luck with that. Do you really think your local MP's assistant can read to the standard required?CityUnslickerhttps://www.blogger.com/profile/15929544047783163175noreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-87092377425841614062009-03-02T13:49:00.000-08:002009-03-02T13:49:00.000-08:00Have sent a copy of the letter to my local MP (Lab...Have sent a copy of the letter to my local MP (Labour, Scotland). His reply:<BR/><I>Thank you for your email and I do appreciate your concerns at the current economic crisis. I am quite unsure as to the alternative that you believe may help steer our financial institutions out of the current mess?!</I>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-40512359124447829292009-02-22T09:22:00.000-08:002009-02-22T09:22:00.000-08:00BBC reporting on the money printing.http://news.bb...BBC reporting on the money printing.<BR/>http://news.bbc.co.uk/1/hi/business/7904628.stm?lss<BR/><BR/>Lets look at the check-list to see if the BBC is following government lines:<BR/><BR/>1.Conspicuous non use of the phrase "money printing" when describing Quantitative Easing. Tick<BR/><BR/>2. stressing the danger of deflation while ignoring completely the dangers of hyper-inflation.<BR/>Tick<BR/><BR/>3.Mention of Japan to show QE in good light.<BR/>Tick<BR/><BR/>Yep seems the Beeb is being kept firmly "on message"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-11611749242613844712009-02-22T03:38:00.000-08:002009-02-22T03:38:00.000-08:00I sent the letter as suggested to Mark Todd, South...I sent the letter as suggested to Mark Todd, South Derbyshire, on Fri night at 10.20pm. I received a response by 10.25am on Sun morning. He replied:<BR/><BR/><I>Thank you for your email. I'd broadly agree. Quantitative easing is not a particularly novel policy in itself but the mechanism used is certainly unfamiliar (because we are implementing it within the split of responsibilities agreed in 1997). What is likely is a detailed exchange of letters between the government and the Bank. I will see what clarification can be obtained.</I>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-2352260338605664142009-02-22T01:51:00.000-08:002009-02-22T01:51:00.000-08:00juntiYour predications have been amazingly good CE...juntiYour predications have been amazingly good CE - in the 9 months or so I've been reading your blog. You have been miles ahead of the curve of media analysts and economists and politicians, your self-titled "doomster" predictions are conistenently being shown to be true. However, as the competition catches up, does this lower the unique value of your blog? <BR/><BR/>Will you keep predicting bad news? Where can your blog go from here? I see that regulars from Guido Fawkes site also post here. I hope your previously wonderful site doesn't descend into a "2-minute hate". I find Labour and the Tories equally ridiculous and discussion of their relative merits about as socially useful as debate about who should win x-factor. <BR/><BR/>Perhaps it is time to talk about what economy will emerge from the rubble. I read Adam Smith at your recommendation and then struggled through most of Marx's Capital.<BR/>Both I think contain logic fallacies that can be easily dismissed. (First example how can anyone still believe that an individual pursuing his own self-interest NECESSARILY promotes the good of a community / society? There is no causal link there)<BR/><BR/>Free market capitalism is going to take a battering in the next few years, perhaps as a believer you can start using your skills in intelligent defence of it (rather than the black/white eithor/or arguments we get, from people with ideological poistions set long ago -- that will be stuck to despite any evidence from reality). F.eks; what kind of markets/economies will emerge from this?<BR/><BR/>I am interested in seeing where your analysis and ideology intersect. <BR/><BR/>many thanks and regardsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-49751276432408052002009-02-21T13:43:00.000-08:002009-02-21T13:43:00.000-08:00A quick note to mention to a commentator that I di...A quick note to mention to a commentator that I did not publish their comment due to the use of bad language. Please feel free to comment again, without such language, and I will be pleased to publish your thoughts.Markhttps://www.blogger.com/profile/14983165364072918091noreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-74087136181502993612009-02-21T11:36:00.000-08:002009-02-21T11:36:00.000-08:00Hi CynicusSome very interesting charts:http://www....Hi Cynicus<BR/><BR/>Some very interesting charts:<BR/><BR/>http://www.greenenergyinvestors.com/index.php?showtopic=5744&st=0&p=91795&#entry91795<BR/><BR/>DEATHAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-35714690245168679332009-02-21T07:17:00.001-08:002009-02-21T07:17:00.001-08:00Hi Cynicus,I think you'll find this radio intervie...Hi Cynicus,<BR/><BR/>I think you'll find this radio interview with Michael Panzner:<BR/><BR/>http://www.financialsense.com/fsn/main.html<BR/><BR/>DEATHAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-81172753561982445872009-02-21T07:17:00.000-08:002009-02-21T07:17:00.000-08:00Hi Cynicus,I think you'll find this radio intervie...Hi Cynicus,<BR/><BR/>I think you'll find this radio interview with Michael Panzner:<BR/><BR/>http://www.financialsense.com/fsn/main.html<BR/><BR/>DEATHAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-25238474681455212542009-02-21T05:40:00.000-08:002009-02-21T05:40:00.000-08:00coshbrew,This is typical Telegraph. It talks about...coshbrew,<BR/><BR/>This is typical Telegraph. It talks about EU as a whole but then focuses on euro. How much of those 25 trillion are on british or swedish banks? How much are on eurozone banks?<BR/><BR/>Sure, the eurozone has lots of problems but in telegraph's case, I believe that they try to find or even create, someone worse than the UK.<BR/><BR/>ZedAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-58503307676434674642009-02-21T03:36:00.000-08:002009-02-21T03:36:00.000-08:00Jonpaul:You are absolutely right - the government ...Jonpaul:<BR/><BR/>You are absolutely right - the government has tested the water before initiating policy before and I think your supposition is a good one.<BR/><BR/>The pound does appears to be holding - probably because other countries have had dire economic news and so their currencies have depreciated more - so I guess the BoE have the green light.Jonnyhttps://www.blogger.com/profile/16119442844302447926noreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-36310464729520831692009-02-20T14:40:00.000-08:002009-02-20T14:40:00.000-08:00I will send a letter to my local MP and will also ...I will send a letter to my local MP and will also be asking for clarification on how it will be deemed to have been successful, and what measure will be adopted to remove surplus money supply from circulation.<BR/><BR/>This is all deeply worrying.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-60346897182741032602009-02-20T08:54:00.000-08:002009-02-20T08:54:00.000-08:00Have you seen this, any knowledge of such a docume...Have you seen this, any knowledge of such a document?http://www.lewrockwell.com/north/north689.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-14974388983903118692009-02-20T06:52:00.000-08:002009-02-20T06:52:00.000-08:00If they don't want to make it clear how much they ...If they don't want to make it clear how much they are printing and where it will go, why have they told us they are printing any money at all? I thought the law change meant they don't have to report it.<BR/>In the past this govenment has leaked possible policy to get a reaction and see if they should go ahead or not. Are they waiting to see if the pound sinks, so that if it does they can change their position and get it to bounce back? If it keeps it's value then it's a green light to print.Jonpaulhttps://www.blogger.com/profile/10497649728172138041noreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-64406464072349649762009-02-20T06:29:00.000-08:002009-02-20T06:29:00.000-08:00Dear CE, Due to national security reasons we are...Dear CE,<BR/> Due to national security reasons we are not able to answer your questions. Should our partners realise what we are doing we will destabalise the pound and further harm the economy.<BR/><BR/>Up Yours,<BR/><BR/>HMG & Her Treasury.Jonpaulhttps://www.blogger.com/profile/10497649728172138041noreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-42988018000017969402009-02-20T01:17:00.000-08:002009-02-20T01:17:00.000-08:00I'll hand it personally to our MP and PPC. But pi...I'll hand it personally to our MP and PPC. But pigs will fly before you get any useful response to this from anyone. (You may get a very generic 'nothing to see here, please move on' type response, but that's about it.)<BR/><BR/>Might I recommend that all regular readers start posing the same type of questions *everywhere*. I'm sure, between us, we frequent discussion boards, web sites and chattering corners all over the place. I've been doing so, but following CE's latest post I'll step up my efforts.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-37648702899881616932009-02-19T15:39:00.000-08:002009-02-19T15:39:00.000-08:00I have sent to Mark Prisk for Hertford and Stortfo...I have sent to Mark Prisk for Hertford and Stortford.<BR/><BR/>As original.<BR/><BR/>I hope we won't be kept in the dark once again..!Veloruciónhttps://www.blogger.com/profile/12746903610435757146noreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-25936936535835469532009-02-19T14:15:00.000-08:002009-02-19T14:15:00.000-08:00Surely this has to be made as a Freedom of Informa...Surely this has to be made as a Freedom of Information Act 2000 Request?<BR/><BR/>Otherwise the BoE is under no obligation to respond to you.<BR/><BR/>I note that the information Commissioners Office (overseeing the FoIA) considers any transfer of wealth from the state to private bodies to have 'an overriding public interest', and any requested exemption would need prior authourisation if the FoIA request is to be turned down.<BR/><BR/>Food for thought ...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-12233830884141861822009-02-19T13:39:00.000-08:002009-02-19T13:39:00.000-08:00I have sent to Mark Hoban for Fareham.As Original ...I have sent to Mark Hoban for Fareham.<BR/><BR/>As Original with the exception of some links to the relevent artical here and an invite for him to join in the comments section.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-59444760897526340302009-02-19T13:24:00.000-08:002009-02-19T13:24:00.000-08:00Ha ha... Surely you appreciate the rhetorical natu...Ha ha... Surely you appreciate the rhetorical nature of your enquiry! If you are genuinely hoping for a response - good luck, I refer you to one of our contributors who quoted Chomsky in saying 'Propaganda is to a democracy what the bludgeon is to a totalitarian state'.<BR/>And you yourself evoked the metaphor of the magician's elephant on the stage...<BR/><BR/>And I made the point that as Hobbes said, the first job of the state is to protect the people from themselves, to engender cooperation and prohibit anarchy...<BR/><BR/>You can't really expect an answer to this can you? <BR/><BR/>The truth hurts...Anonymousnoreply@blogger.com