On Wed, 27 Feb 2013 07:21:58 +0000, Nightjar
wrote:

On 27/02/2013 06:43, harry wrote:
....
If you have any money, the government will steal it by QE and now
they're thinking about negative interest rates.

Negative interest rates only for banks, in order to encourage them to
lend money.

Everything the government/BoE has done so far[1] has, in the long run,
had a negative effect on consumer savings and I have no reason to
think this will be any different.

Nick
[1]With the exception of the Deposit Guarantee Scheme - and even
there, it was Europe that demanded the amount guaranteed was raised to
its current level.