Quote:
Originally Posted by Chris
Rather a lot of it seems to have gone into the banks' capital buffers, which to be fair they are now compelled to swell way beyond the levels previously considered satisfactory.
However there are dark suspicions that some has found its way into bankers' bonuses.
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would not suprise me on that about bonuses.
there was the same talk that banks bailout seemed to not go into actually what it was for but to fat cats in banking pay/bonuses.
Although agree buffer needed to protect banks from bad debt. We also need to maintain economy. Without right growth we are in trouble. I certainly dont trust who using QE programme. Fear being used to line own pockets.
Just wonder if it would be better for governments arrange loaning directly rather Banks with low interests.
That way government earns money from QE rather than Banks. We also control where its delivered too so its put into projects which help growth but right growth which improves the country/economy. That inturn means we need to make sure governments dont spend on vanity projects which bad for economy/growth.
Another is this could governments actually bail out companies in trouble by sharing company ownership.
Whch means it gives them assets to either sell on or earn profits could this be the future if taxation system is problematic to collect.