I noted yesterday that The Telegraph thinks that:
if we have to do QE again .. it would surely be better to inject the money directly into the veins of the real economy.
It was explicit support for People's QE. And as they also said:
QE as we know it is dead. It is an urgent national imperative to craft a radically new form before the next crisis hits.
So the time will come when George Osborne will have no choice but adopt the idea.
In that case let's open the book now: what's he going to call it?