In response to the Bank of England’s announcement that it will keep interest rates at 0.25%, Fran Boait, executive director of Positive Money said:
Posts Tagged ‘QE for People’
Despite popular rhetoric, the World’s biggest economy did use the state’s money creating powers to help boost output. Guess what, it didn’t result in hyperinflation!
Throughout history, Public Money Creation has been the norm, rather than the exception. What can we learn from money creation by the former Colony of Pennsylvania and the Island of Guernsey?
Who are the Prominent Economists Working in the Financial Sector that Advocate a Different Type of QE?
Did you know that there are a number of prominent economists working in the financial sector that are in favour of a different type of QE? Is it surprising that they are in favour of central banks creating new money for the real economy rather than the financial markets?