Submit a Story!
FT.com / Comment / Opinion - Keep the money flowing to stave off deflation
Has “quantitative easing” been a success or a failure? Should it be dropped, continued or expanded? With base rates virtually as low as they can go and therefore no longer effective as an instrument to boost the economy, the Bank of England ’s views on QE have become a central talking point. As ...
Comments
Blog Reactions

Pink picks
FT Alphaville — ... Investment bankers have delicate egos at the best of times and the past few years have not been the best of times. Now things are looking up, despite the fall in the number and value of mergers and acquisitions. There is less work to go around but bankers at least feel wanted: “I think the days of the broad-based corporate financier are back,” says one. Tim Congdon: Keep the money flowing to stave off deflation The chief executive of International Money Research writes : Has “quantitative easing” been a success or a failure. Should it be dropped, continued or expanded? With ...

UnQEasy drama
FT Alphaville — ... biggest bond fund, and BlackRock Inc. from increasing their holdings of the securities. Guessing which gilts the central bank is going to buy is like “playing Russian roulette,” said Philip Laing, the Edinburgh-based director of government bonds at Standard Life Investments, which has about 118 billion pounds ($191 billion) under management.“While they’ll probably extend it, we are focused on the end of quantitative easing.” More on that last point here . Related links: Keep the money flowing to stave off deflation - FT Doubts grow over quantitative easing - ...

Thurday Links
Alea — White House Ponders Bernanke’s Future Keep the money flowing to stave off deflation Big banks look to rainmakers again Blogging and its shaggy tail Hardware makers support Google OS BATS to launch U.S. options exchange next year From turmoil to crisis: dislocations in the FX swap market before and after the failure of Lehman Brothers Will the Yuan ...

Gold Market "Weak, Overly Long" as Stocks Rally, US Issues Record Government Debt
GoldSeek.com — ... . "I would have hoped to have seen more positive signs by now," the paper quotes UK and European economist Howard Archer at IHS Global Insight in London . But "So far, QE has been an almost unqualified success," counters monetary economist Tim Congdon in today's Financial Times . If money-supply growth slows further, "the Bank should have no hesitation in expanding its gilt purchases," he believes. "The priority must be to ensure that the quantity of money continues to rise, so keeping the menace of deflation at bay." Today the International Monetary Fund (IMF) raised it ...

Related Content
FT.com / Comment / Opinion - America must keep consumer liquidity flowing
ft.com 12/1/2008 — As an analyst, it is my job to do fundamental research and call it as I see it, and my bailiwick is financials. My outlook has been negative for over a year and, technically, I have been “right” on my calls. Seeing massive capital destruction has ...
Embrace Deflation - It's The Cure, Not The Problem
globaleconomicanalysis.blogspot.com 6/28/2009 — Concern over Japanese deflation is increasing. Please consider Japan Succumbs to Deflation as Consumer Prices Fall Record 1.1% . Japan’s consumer prices fell at a record pace in May, adding to the risk that deflation will become entrenched and hamper ...
Still waiting for deflation
ukhousebubble.blogspot.com 3/25/2009 — Today's inflation numbers were bad, although you wouldn't know it listening to any journalists. The headline consumer price index increased to 3.2 percent, up from 3 percent in January. So did the retail price index (excluding housing and indirect ...
Why Cash Is Flowing Back Into Britain
businessinsider.com 5/18/2009 — Maybe the UK isn't finished just yet. Now that the crisis of the Anglo-Saxon banking model has abated (temporarily at least), UK is looking less and less like Iceland-on-the-Thames as it came to be known during the worst of the panic. With a banking ...
Cash Flowing & Growing!
stockmanmarc.blogspot.com 10/21/2009 — A look at four companies who are growing their cash and growing their company.
Deflation Returns To U.K.
globaleconomicanalysis.blogspot.com 4/22/2009 — Inquiring minds are reading Deflation returns to Britain for first time since 1960 . Deflation returned to Britain for the first time in nearly five decades last month as prices measured by the retail price index (RPI) were lower than the same time a ...
Switzerland may have to print money to stave off deflation
telegraph.co.uk 12/12/2008 — The Swiss National Bank has cut interest rates to 0.5pc and opened the door for emergency stimulus becoming the first country in Europe to flirt with zero policy rates.
Deflation Theory Is Lemon We Have All Been Sold: Matthew Lynn
bloomberg.com 8/18/2009 — Commentary by Matthew Lynn Aug. 18 (Bloomberg) -- For much of the last year, central bankers, industrial leaders and politicians have been warning us about deflation. Falling prices, they tell us, will create another 1930s-style depression. The only ...
Business this weekThe Economist: Full print edition 7/9/2009
Alistair Darling, Britain’s chancellor, outlined proposals that would force banks to increase their capital to guard against future crises and give more enforcement powers to the Financial Services Authority, the City regulator. Banks that ...