In 2010 the governmentcancelled a program to rebuild 715schools, because they’d run out of money. But at the sametime the Bank of England had created £445 billion of new money through a program called Quantitative Easing. Instead of this money being spent on something useful, it was pumped into the financial markets, benefitting the richest 5% but … Continue reading How to waste £445 billion? – The Failure of Quantitative Easing (VIDEO)