Over the summer the idea of Green Infrastructure Quantitative Easing morphed into People’s Quantitative Easing and was adopted by Jeremy Corbyn in his Labour leadership bid. Much
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Why don’t bond traders like People’s Quantitative Easing?
Some questions are easier than others. The reason why bond traders don’t like People’s Quantitative Easing is easy to explain: they can’t make money out of
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Memo to Lord Adonis
This is from the Guardian this morning. I am a member of the Green New Deal group: Memo to Lord Adonis in his new role as
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Now we have a consensus on the need for investment let’s make it green
As I have noted over the last few days, the Jeremy Corbyn leadership campaign has achieved something quite extraordinary. Forty economists who wrote to support Corbynomics
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35 academics and People’s Quantitative Easing
I was pleased to note this letter by 35 academic economists and the support they note for People’s Quantitative Easing: The recent statement from Jeremy Corbyn
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PQE, gilts and the cost of borrowing
Several questions have been asked about whether or not People’s Quantitative Easing funding imposes a cost on the Bank of England because it is paid for with
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The ignoring and the laughing are over: the fight’s now on
A commentator on the blog wrote this morning: Richard, I think you need to recognise that a massive change has taken place over the last
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The FT says Corbyn’s “People’s QE†could actually be a decent idea
The FT has published, in the last hour or so, a review of People’s Quantitative Easing on its FT Alphaville blog site. Written by an FT
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Who pays for People’s QE?
I was asked the following question on People’s QE on the blog this morning: Richard, if you use printed money to pay for investment, who
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