John Higginson of the Metro explains Quantitative Easing:

“There is £100 and 100 loaves of bread costing £1 each. QE creates another £100. Each loaf now costs £2.”

mdi-timer February 8 2012 @ 17:34 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
Home Page Next Story