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[b]BR wrote:[/b]
[quote]The BBC misinformation service has announced that our currency is about to be devalued.  In fact it started on Friday last week unannounced.

http://news.bbc.co.uk/1/hi/business/7904628.stm

In typical NEW LABOUR DOUBLESPEAK they have invented a  new name QUANTITATIVE EASING to describe &quot;devaluation&quot; or &quot;printing money&quot;

Zimbabwe tried this - the Weimar Republic in Germany tried this.  It always fails.  It is the worst possible way to deal with a recession.  Even Japan tried it in the 90s - and it led to a 10 year depression.

Why do politicians never learn from history ?

Why does the BBC allow itself to become the mouthpiece for this discredited Government every day ?

The SHEEPLE are so thick if NEW LABOUR calls a car &quot; a dog&quot; they would believe it if the BBC explain it on their programmes or website.  This is how dreadful our dumbed down population has become.  The TV tells the truth.  No one ever questions the BBC.

The BBC is now the ONE PARTY STATE broadcaster - with SKY a republican alternative but still using the same blueprint.

DEVALUATION will mean any assets that anyone has ( Property - Investment - savings ) will lose value overnight.  It is digging a hole deeper.  We will have at one end DEBT and the other DEVALUATION.  There will be no way out.

The UK Is finished as an economy if they continue to destroy it in this way.

I once again say to everyone - take steps now to buy foodstuffs and ways to survive if the proverbial &quot;stuff&quot; hits the fan.  We are very close ( Less than a few years if this carries on ) to meltdown.[/quote]

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Topic History of: Devaluation of Pound about to happen
Max. showing the last 5 posts - (Last post first)

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The BBC misinformation service has announced that our currency is about to be devalued. In fact it started on Friday last week unannounced.

news.bbc.co.uk/1/hi/business/7904628.stm

In typical NEW LABOUR DOUBLESPEAK they have invented a new name QUANTITATIVE EASING to describe "devaluation" or "printing money"

Zimbabwe tried this - the Weimar Republic in Germany tried this. It always fails. It is the worst possible way to deal with a recession. Even Japan tried it in the 90s - and it led to a 10 year depression.

Why do politicians never learn from history ?

Why does the BBC allow itself to become the mouthpiece for this discredited Government every day ?

The SHEEPLE are so thick if NEW LABOUR calls a car " a dog" they would believe it if the BBC explain it on their programmes or website. This is how dreadful our dumbed down population has become. The TV tells the truth. No one ever questions the BBC.

The BBC is now the ONE PARTY STATE broadcaster - with SKY a republican alternative but still using the same blueprint.

DEVALUATION will mean any assets that anyone has ( Property - Investment - savings ) will lose value overnight. It is digging a hole deeper. We will have at one end DEBT and the other DEVALUATION. There will be no way out.

The UK Is finished as an economy if they continue to destroy it in this way.

I once again say to everyone - take steps now to buy foodstuffs and ways to survive if the proverbial "stuff" hits the fan. We are very close ( Less than a few years if this carries on ) to meltdown.