The Great Debate UK

Savings and the alchemy of credit

October 27, 2010

— Ann Pettifor is Director of Advocacy International and a Fellow of the New Economics Foundation. The opinions expressed are her own —

Will they have the nerve to call the next phase QE2?

February 24, 2010

Laurence_CopelandLaurence Copeland is a professor of finance at Cardiff University Business School and a co-author of “Verdict on the Crash” published by the Institute of Economic Affairs. The opinions expressed are his own. –

from Commentaries:

So that’s why the Bank buys all that government debt

September 17, 2009

I've found the answer to the monetary puzzle de nos jours. The ritual of the UK Treasury's DMO issuing new government debt one day, only to have the Bank of England buy similar amounts of almost identical stock the next, has puzzled me ever since Quantatitive Easing began.