A view from San Diego: more to come on: SD, Tijuana, AAAS - Climate Change, Geoengineering
Time to crank up the Bank’s printer
If the economy relapses, jobs may be cut, reducing spare capacity, so the Bank should start easing as soon as possible
Richard Tebboth wrote:
MK's Quantitative Easing policy (sounds like a laxative) seems to have served principally to have boosted banks' profits and the bankers' bonuses.
If he just sent every taxpayer a cheque for £1000 (if not £10,000) it would provide a much greater boost to the economy and cut out the middlemen.
February 24, 2010 5:07 AM GMT