We call it quantitative easing in the United Kingdom,
others might even call it a giant Ponzi scheme. But we’ve created all of this
fresh credit, and for the moment we’ve kicked the can down the road.
So we are just getting deeper and deeper into
problems. Leaving our children and grandchildren with loans that could well
take decades to finish (paying) off. I fear we are now stoking up the
conditions, at some point in the future, for serious inflation..."
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