Quote Originally Posted by Geoff Parkstone View Post
Erm no MA. There is already too much inflationary pressure being heaped on the global economy by heavy government spending, so let's not add wage based inflation to the pot as well.

Has anyone wondered who all these countries are borrowing the money from, since most are going through the same needs? Or is the magic money tree being shaken harder and pound notes, euros, dollars etc being printed willy nilly.?

Our children and grandchildren's generations are going to have to service this debt and/or deal with the aftermath of the quantitative easing going on. Let's not make that any tougher than it will be anyway, by tossing around more and more "promises".
That's an easy one. Central institutions like the Federal Reserve and the ECB will add a few 00s to a computer and "lend" governments money that doesn't exist. Governments (read taxpayers) will have to pay back real cash plus interest.