The UK economy is heating up with effects on foreseeable interest rates increases and exchange rates. May be this could be a lesson for others. The reference inflation figure has overshot the target set by the Bank of England (BoE) and the pound is now trading well above 2 dollars. As a journalist reports:
abr
When inflation forces you to write letters:
Escrito el 19 abril 2007 por Juan Toro en Uncategorized
claimed forgetadebt interest rates 26 diciembre 2011 - 19:41
can the bank ease rates? how do they do it without dollars? the eurozone collapse was foreshadowed by the inept decision making of the bank. they should forget a debt to the Chinese and Americans and restructure. interest rate easement will only with sound fiscal policy. and at this point, can they can forget a debt without political backlash.


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