Thursday, 6 August 2009

The economics of the mad-house

Good news for wheelbarrow manufacturers!

The Bank of England has decided to expand quantitative easing by £50bn to £175bn.

At least now we know where NR will get the money needed to do all these exciting electrification projects.

It's just a shame that a loaf of bread will soon cost a million quid...

UPDATE: This from Charles Yerkes...

That might not be so bad...


At least it would wipe the smile from NR's bonus encrusted directors!