Share Quantitative Easing Round Three: £50bn Out of Thin Air

Feb 9th, 2012 | By | Category: Breaking News, Economy | Print Print

The Bank of England have announced a third round of its controversial Quantitative Easing strategy, that will see £50bn essentially created out of thin air and given to the top financial institutions under the guise of injecting life back in to the economy.

To further understand what QE is, check out our in depth article from last time the scam was put in to practice:

It Won’t Work: Understanding the Bank of England’s Quantitative Easing

.
.
.
.
.


*You can stay up to date with WideShut using our RSS Feed, Twitter, Facebook & Youtube


Leave a Comment

Login / Register Name