Category: Public Accounts Committee

An “Expensive Experiment” – An End to QE in the UK?

Congratulations to the Treasury Accounts Committee, which in a trenchant critique has condemned quantitative easing as an “expensive experiment” which has failed to deliver any of its alleged benefits or to stimulate economic growth. It has resulted instead only in inflation and lower returns on savings. It has significantly cut the real incomes of savers, …

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