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QE for people, not financial markets!

by Positive Money

The Government and Bank of England have launched a major programme that is making the rich richer and unfairly benefiting tax-dodging corporations. They are trying to grow the economy by creating £70bn of new money and pumping it into financial markets.

But we know this will:

  1. Lead to more debt
  2. Worsen the housing crisis
  3. Increase the gap between the rich and the rest of us
There’s a growing movement of ordinary people, economists and politicians calling for a better alternative – for this money to be spent in a way that benefits all of us.

Will you join us at the Bank of England?

As part of a national day of action on 3rd November, the Positive Money team and supporters will be gathering outside the Bank of England at 8am.  We’ll try and catch members of the Bank of England’s Monetary Policy Committee on their way into their monthly meeting, and use our eye-catching posters and banners to get the message across that their QE programme still isn’t working and is increasing inequality.

We’ve got exciting plans to get the Positive Money campaign into the media that day, so we’ll be inviting broadcasters and journalists to come down and film us. Some of us will be manning a stall too – handing out flyers and inviting passers-by to sign the ‘create money for people’ petition.

So if you’re free, please come down to support and join the fun. The more of us there to show just how many of us are fed up with monetary policies that only benefit the rich, the more chance we’ve got of convincing the Bank of England and government to change their tune!

PLEASE SIGN UP HERE TO SAY YOU’RE COMING!

We will probably stay for a couple of hours, but even if you can only come for 10 minutes, we’d still love to see you. Please bring your Positive Money T-shirt if you have one.

The exact location is outside the royal exchange, see photo:

3rd November, 8AM

 

 

Bank of England & QE, Campaigns, QE for people / Helicopter money

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