Bank keeps interest rates at 0.5%
Thursday, 04. 9. 2009 – Category: Downturn
The Bank of England has kept interest rates on hold at 0.5%, in a widely expected move following a number of rate cuts in recent months.
Rates remain at an all-time low after six cuts since October last year, when interest rates stood at 5%.
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The Evils of Inflated Credit
Thursday, 03. 12. 2009 – Category: Uncategorized
The questions of currency and credit are closely interlinked. The inflation of credit does not necessarily lead to inflated currency, and deflated credit does not necessarily lead to deflation of currency, provided the balancing act is done carefully. A spanner in the works can cause all sorts of problems.
It could be argued that the inflated [...]
What is a Recession?
Thursday, 03. 12. 2009 – Category: Downturn
According to the National Bureau of Economic Research, the United States has been in a recession since December of 2007. We are currently undergoing one of the most severe recessions in United States history. Recessions can be times of great fear and widespread panic. A recession is a normal stage of the business cycle. The [...]
Deflation – the Real Enemy of Your Successful Business
Wednesday, 03. 11. 2009 – Category: Downturn
Deflation -far more dangerous than inflation – is becoming a very real danger to your business. Central Banks traditionally believe that printing money cures deflation by increasing inflation – an over-application of Keynesian economics. But does history support this view?
The Japanese experience suggests that the “printing money” approach does not work – neither do zero [...]
Boost Your Company Way Out of Your Local Recession Field
Wednesday, 03. 11. 2009 – Category: Downturn
Do you automatically assume your business will follow the flow if your local economy was going through a recession? Do you lack ideas on how to keep your company slugging through rough times?
How would you like to be able to free your company up out of any sticky recession your local economy might be in?
Let’s [...]
British Government May Start Printing Billions Soon!
Wednesday, 03. 4. 2009 – Category: Downturn
There seems little point in reducing interest rates any further as the interest rate cuts are proving to be ineffective and the Bank of England base rate cuts are proving to be unpopular with savers and borrowers. The pound is falling against the dollar and the euro. Savers are not being rewarded for saving their [...]