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Two weeks ago, thanks to Positive Money supporters sharing the petition, and hitting the streets together to gather signatures, we delivered our biggest ever petition to the government. Over 10,500 of us called on Chancellor Philip Hammond to stop pumping new money into financial markets, propping up the rich, and instead spend new money on projects that would benefit everyone in society.
For the first time since August 2015, members of the Bank of England’s MPC unanimously voted to maintain the Bank base rate at 0.5%. But why?
It is no secret that right wing media correspondents take significant issue with Jeremy Corbyn’s proposals for economic reform. However, because People’s QE is actually an apolitical monetary policy proposal, one of the Telegraph’s leading economic commentators endorses it.