Memo to Vince Cable: QE is not enough – we need Green Quantitative Easing

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I note Vince Cable is calling for a new round of quantitative easing to boost consumption.

He's right that we need demand stimulated.

He's wrong that we need more consumption.

And he's wrong in the sense that a major part of QE goes straight to bank bottom lines and reinforces divisions in society and achieves no desired economic impact.

What we need is Green Quantitative Easing - as recommended here and explained in detail here.

This delivers real investment for a sustainable economy - which is what we really do need, now.

So, Vince - can we have some joined up thinking on this please? Green QE is just that.