tag:blogger.com,1999:blog-4471993488623327927.post4332461391990841982..comments2024-03-13T06:57:54.343+00:00Comments on Obnoxio The Clown: Jamie Whyte on central bankingObnoxio The Clownhttp://www.blogger.com/profile/12012089552153702526noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4471993488623327927.post-66694065074180875472009-07-03T23:16:08.376+01:002009-07-03T23:16:08.376+01:00Oh, you cunting stupid fuckwits.
National banks s...Oh, you cunting stupid fuckwits.<br /><br />National banks set interest rates in general accordance with global expectation, taking into account local and global economic situations.<br /><br />Interest rates are linked to your FX rate - your currency's value against other currencies.<br /><br />So, as a responsible government, you peg your base interest rate competitive enough so your net importers don't get screwed, with the balance that your net importers don't get shafted.<br /><br />And then, we have the current "government" who fly in the face of that, to give short term feelgood factor, whilst shafting us irrecovably in the long term.<br /><br />wv: FACTAHA<br />Yeah, I bet they laugh at "facts" in the buker, too.Breakerhttps://www.blogger.com/profile/15636397909312743136noreply@blogger.comtag:blogger.com,1999:blog-4471993488623327927.post-29059035905043613402009-07-03T22:41:59.158+01:002009-07-03T22:41:59.158+01:00It's nice to hear others say this, but 45% of ...It's nice to hear others say this, but 45% of people who responded to my Fun Online Poll said <a href="http://markwadsworth.blogspot.com/2009/02/fun-online-poll-results-bank-of-england.html" rel="nofollow">exactly the same</a>.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.com