Saturday 11 February 2012

What Does Quantitative Easing achieve?

The biggest economic lever being pulled to jump start the economy is Quantitative Easing by the Bank of England. I have often wanted someone to set out - in cold, objective terms - the pros and cons of this for our economy. This week, two commentators discuss the implications of QE, including the impact on savers.

Allister Heath criticises it as a blunt measure to tackle a moving target here. Fraser Nelson highlights the surreptitious attack on pensions here.

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