Wednesday 7 January 2009

Economy not working? Print more money!

Or so Gordon Brown seems to think is the answer.

It doesn't take a genius to work out that if you increase the monetary supply money becomes worth less (the level of gold reserves normally remains static) - inflation.

Germany 1923, or Zimbabwe now. I'd rather keep my savings and learn to drive thank you very much.

Or is it a ploy to destroy the pound so he can do what he's always wanted - join the Euro?

Expect to see plenty of wheelbarrows in the street if this goes ahead.

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