Following on from my demonstrating that Alastair Darling provided the framework for People’s Quantitative Easing in 2009 here’s another letter on the subject I’ve just unearthed
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The Bank of England’s already been authorised to do People’s Quantitative Easing
I was talking with Danny Blanchflower about quantitative easing today. He drew my attention to this letter (of which I reproduce part): I gather that this
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Normal service will be resumed
Someone’s spooked
Sometimes things happen sooner than you expect
This is from the FT on 13 August: As the article said: The man behind Jeremy Corbyn’s most eye-catching economic policy says the Labour leadership
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Why now? And what to do next
I was asked an hour or so ago by a pretty senior economist I thought of today’s financial market action. I offered a range of
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We’ve had the wrong kind of stimulus
This is from the Guardian this morning: At its heart, today’s market panic shows that investors are losing faith in central banks’ ability to keep
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Why the world is falling over today
Larry Elliott has a pretty good explanation as to why the world’s economies look like they are falling over today. He has said: The crisis
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Why the Bank of England’s independence is just a charade
I argued on the Today programme on Radio 4 this morning that the Bank of England’s independence from the Treasury is just a charade. It
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