Thread: Sterling At Risk Of “Large-Scale Devaluation”
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Old 19-02-2013, 17:39   #5
Osem
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Re: Sterling At Risk Of “Large-Scale Devaluation”
Quote:
Originally Posted by Chris View Post
In other news ... Bears prefer arboreal cover whilst defecating and the Pope's a Catholic, even if he's not the Pope any more ...

I'm not sure what else anybody thought was going to happen with the Bank of England printing money left, right and centre. They can call it quantitative easing or anything else they like, the fact is they have diluted everybody's share in GB PLC. When you dilute your shares, your share price falls.
You're forgetting this:

http://www.youtube.com/watch?v=mIQnpoGBS1I
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