Quick! The money printing trick didn’t work!
So let’s do even more then!
Alas, your orders to the ‘independent’ Bank of England to print ever more money won’t work, I’m afraid, George; the heroin addict is already pumped up to the gills. Shoving in even more of this poison, to prop up the conservative party’s election prospects, is going to make no difference at all, except keep the patient in a zombified state even longer and make genuine recovery even harder when eventually you do cut the drug and we enter Marc Faber’s great reset period, after putting it off for 41 long years.
On the other hand, if you keep going with this ongoing theft-through-deliberate-inflation, and keep increasing the dosage, to kick the can down the road in your perverse refusal to give up your government spending habits, then eventually, at a sudden unpredictable moment, the patient may even drown in your heroin, before we enter a much more volatile reset period.
Let’s try that Einstein quote again:
“The definition of insanity is doing the same thing over and over again and expecting different results.”