Written by Positive Money on July 11, 2017.

Watch Positive Money’s director Fran Boait discussing if we can afford to end austerity on SkyNews:

“What do we want the future of the UK economy look like? To date we depended on the oversized bloated financial sector and a property bubble to keep the economy going… We’ve had policies like the Bank of England creating – actually creating money out of nothing – £445 billions – through QE to try and get the economy going. All it has done is make the rich richer by flooding stock markets…”

 

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