BOE MPC Expected To Launch £50Bn QE !

• The idea that economic growth comes about by printing money is nonsensical. If QE, creating money out of thin air, works I would be the first to vote for it. Heck, they should create 1 million dollars for each man, women, child and their pet dog. QE is simply more debts, more debt enslavement of the sheeple. Fact is: after £325Bn of QE, UK is still in a deep rut.
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• Obviously, it has not work. The Illuminist central banksters would like us to believe in their economic hocus pocus, market rigging, manipulation of interest rates, sham statistics … that they are our economic saviors. Fact is: the world has existed without central banksters for 5000+years and the economy has functioned without their interference. It is only in the past 300+ years that this cartel has operated and plunged the world into debt enslavement.
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  MPC expected to launch £50bn QE!
  By Angela Monaghan, http://www.telegraph.co.uk/ 
  The Bank of England is poised to pump £50bn of fresh stimulus into the ailing   economy in a bid to drive Britain out of recession.
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  The Bank’s Monetary Policy Committee (MPC) is expected to vote for more bond   purchases through quantitative easing (QE) when it makes its monthly   decision on Thursday. It would take the total spent under the programme to £375bn.
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  Additional stimulus would come against a backdrop of a recession in Britain   that is deeper than initially thought, a eurozone debt crisis which   continues and falling inflation.
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  Michael Saunders, economist at Citigroup, said: “We expect the MPC will   restart QE at the upcoming meeting, in reaction to the persistent weakness   of the UK economy, easing inflation worries and ongoing European Monetary   Union crisis.”
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  The latest economic indicators suggest the economy may have contracted for a   third successive quarter between April and June, having shrunk by 0.4pc in   the fourth quarter of 2011 and by 0.3pc in the first quarter of this year.
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