{"id":13838257834,"date":"2012-02-09T18:02:11","date_gmt":"2012-02-09T18:02:11","guid":{"rendered":"http:\/\/lonestarbullion.com\/blog\/?p=13838257834"},"modified":"2018-03-15T04:49:43","modified_gmt":"2018-03-15T04:49:43","slug":"bank-of-england-authorizes-another-50-billion-in-quantitative-easing","status":"publish","type":"post","link":"http:\/\/lonestarbullion.com\/blog\/2012\/02\/bank-of-england-authorizes-another-50-billion-in-quantitative-easing\/","title":{"rendered":"Bank of England Authorizes Another \u00a350 Billion in Quantitative Easing!"},"content":{"rendered":"

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Bank of England Quantitative Easing<\/span><\/strong><\/h3>\n

I have said over and over again that this year will be a year with an extrordinary amount of quantitative easing and government stimulus. \u00a0As a result of this it will be one of the best years for gold and silver to date. \u00a0Today, the Bank of England unrolled another round of quantitative easing amounting to\u00a0\u00a350 Billion. \u00a0This brings the total amount of quantitative easing put out by the Bank of England at\u00a0\u00a3325 Billion since March of 2009.<\/p>\n

The Effect of Quantitative Easing<\/span><\/strong><\/h3>\n

The only possible result of such action is continued inflation. \u00a0In fact, research from a financial services company called Hargreaves Lansdown found that a 65-year-old man with \u00a3100,000 could have bought a level income of \u00a37,855 in July 2008, but someone in the same situation today would only receive an income of \u00a35,923, a drop of just under 25pc.<\/p>\n

More Federal Reserve Quantitative Easing?<\/span><\/strong><\/h3>\n

England is beginning to see the practical impact of an inflationary monetary policy and it is not looking pretty. \u00a0These monetary policies are especially harmful for retires who have static incomes and have no way of fighting against the inflationary forces that hack away at the real value of their income. \u00a0Ironically, one of the reasons the Bank of England has launched this new round of QE is because of fear that inflation will fall below the Bank of England’s target inflation rate of 2%. \u00a0It was just two weeks ago that Federal Reserve Chairman Ben Bernanke came out and said that the Fed would now establish a target inflation rate of 2%. \u00a0This move by the Federal Reserve is setting themselves up for the next round of QE. \u00a0Many economists fully expect to hear about a new round of QE before the end of the summer.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bank of England Quantitative Easing I have said over and over again that this year will be a year with an extrordinary amount of quantitative easing and government stimulus. \u00a0As a result of this it will be one of the … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[113,105,8],"tags":[166,169,168,167],"class_list":["post-13838257834","post","type-post","status-publish","format-standard","hentry","category-economic-news","category-invest-in-silver","category-regular","tag-bank-of-england-quantitative-easing","tag-federal-reserve-quantitative-easing","tag-quantitative-easing","tag-50-billion-in-qe"],"_links":{"self":[{"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/posts\/13838257834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/comments?post=13838257834"}],"version-history":[{"count":2,"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/posts\/13838257834\/revisions"}],"predecessor-version":[{"id":13838257836,"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/posts\/13838257834\/revisions\/13838257836"}],"wp:attachment":[{"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/media?parent=13838257834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/categories?post=13838257834"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lonestarbullion.com\/blog\/wp-json\/wp\/v2\/tags?post=13838257834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}