FINANCIALLY UNSTABLE?

If anyone was unsure about just how much debt the previous (Labour) govt has left us in, and just how ineffective the current (Lib/Con) establishment has been when it comes to stabilising our economy, then look at the late night news. The government has just come up with an idea, and it is one that has been attempted in the past.

"Quantitive Easing is an unconventional monetary policy used by central banks to stimulate the national economy when conventional monetary policy has become ineffective."

Of course this government has not and will not admit that their monetary policy is ineffective, they are sticking to the fact that the previous regime got us into this mess in the first place. The trouble is, that this quantitive easing involves the printing of 50 Billion pounds, with which the central bank will invest in financial assets to inject a pre-determined quantity of money into the economy.

In layman's terms they are going to make our money worth less, because inflation will rise to pay for the new money. They will then invest the money, in other words gamble with it in the hope that it will kickstart the economy. If it works, they will tell us on the news that the economy has risen half a percent, if it fails they will raise taxes and cut public services. So quantitive easing is a risky business, to the general public, because if it fails we pay.

One example of a government printing more money was in Germany in the early to mid 1930's. Inflation skyrocketed culminating in sack loads of deutschmarks being required to buy simple groceries. We all know that the financial mess was part of the reason Germany elected the NSDAP. Unfortunately that is not what how the British public will react, should the worst happen here. There will be a confidence ballot in the house of commons, the coalition will lose, an election will be called, and Labour party will be elected, again.

It is time for White Nationalist influence in British politics. But don't be holding your breath waiting for this. The electorate (sheeple) are just too spineless, it'll be same old same old.