Thursday, September 27, 2012

More QE must be in the context of today's problems, not those of 2009

Context, as they say, is everything, which is why the increasingly polarised debate over the benefits of the Bank of England's policy of quantitative easing (QE), under which UK government debt is bought with printed money, is neither particularly instructive, nor constructive.

Source: http://telegraph.feedsportal.com/c/32726/f/579300/s/237aebd0/l/0L0Stelegraph0O0Cfinance0Ccomment0C95464890CMore0EQE0Emust0Ebe0Ein0Ethe0Econtext0Eof0Etodays0Eproblems0Enot0Ethose0Eof0E20A0A90Bhtml/story01.htm

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