2011-11-07seekingalpha.com

``A person of even modest intelligence would see that the tiny amount of money that might (or might not be) lost from swaps and leases, is far outweighed by the loss of public confidence. By refusing to disclose this information, the Bank of England has knowingly added fuel for use by conspiracy theorists to undermine faith in British fiat paper money. Yet, the Bank of England considers the harm to the "government financial interest" is greater than the harm from loss of public confidence.''



Comments: Be the first to add a comment

add a comment | go to forum thread